Why Vietnam ?

Young and dynamic population

  • Current population : 95 million
  • Biggest city : Ho Chi Minh (10 million + population)
  • 14th most populated country in the world
  • Urban population : 35%
  • Population under age 30 : 56%
  • Purchasing power multiplied by 10 in 10 years

Fast growing economy

  • GDP Growth - %

Since 2000,Vietnam enjoys a rapid economic development, GDP keep growing at solid pace year after year and have not been affected by Asian economic crises. The economy have grown steadily and is today supported by strong exports and a solid local demand. This economic development is of course carrying on an increase of population´s standards of living and a higher spending capacity.  All expert forecasts come to the same conclusion : This trend is not going to stop, Vietnam will keep growing and become one of the most lucrative market in the world.

High economic growth is naturally accompanied with a lot of business opportunities for SME´s. Don’t miss your chance!

Fast growing middle class

New shopping habits

Retail in Vietnam enjoys a double digit growth, new retailers are continuously entering the market. Big C, Metro, 7Eleven, Familymart, AEON are expanding fast.

Increased purchasing power

We are a proud member of the Investor Compensation Fund which acts as a guarantor of last resort for our investors. IFC covers the maximum amount of 20.000 EUR for MiFID clients.

Interest for imported goods

Imported goods are favorably viewed by Vietnamese consumers, considered as safer and higher quality than locally produced.

Food safety issues

Vietnam recurrently suffers from food safety scandals, this creates a great opportunity for the imported “safer” brands.

Free trade agreements

Vietnam have signed free trade agreements with EU aiming to remove custom duties on major product categories.

33 million middle class in 2020

Vietnam middle class (population earning more than 715 USD/month) will reach 33 million people in 2020.

A high part of Vietnamese household income is spent on children care and education

Manufacturing cost remains low

Cheaper than China

Manufacturing in Vietnam has become clearly less expensive that in China or India.

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Smaller volume

As opposite to neighbor countries, Vietnamese outsourcing companies do not require huge quantity to launch the production.

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International

Vietnamese outsourcing companies are used to work with foreign customers.

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This huge market is waiting for you !