Why Viet Nam?

Why the interest in Vietnam?

  • Worldwide Companies are seeking new primary and secondary sources for low cost manufacturing and supply bases.
  • The China factor (China Plus One Strategy) of increasing production costs, removal of incentives, rising foreign exchange rates, new employment protection laws and political uncertainty have effected the bottom-line of Buyers everywhere.
  • Vietnam represents a “first mover opportunity” for those who want to make the investment in time, energy and money.
  • Vietnam represents both import and export opportunities.

Facts and Figures of Vietnam

Downtown Saigon (Ho Chi Minh City), Vietnam

  • Full Name Socialist Republic of Vietnam
  • Population 97.7 million people (est. 2019)
  • Capital Hanoi
  • Largest City Ho Chi Minh City
  • Area 329,247 sq km (127,123 sq miles)
  • Major Language Vietnamese
  • Major religion Buddhism
  • Life Expectancy 69 yrs (men), 74 yrs (women)
  • Monetary Unit
    Dong (VND) 22,700 VND = $ 1.00 USD
  • Main Exports Textiles, Garments, Furniture, Metalworks, Rubber, Rice, Tea, Coffee, Petroleum, Seafood, Plastics
  • GNI per Capita $2,200 USD (2017)
  • Internet Domain .vn
  • International Dialing Code (Saigon) +84 28

Da Nang City, Vietnam

Invest in Vietnam

Population Age

  • 0 – 14 = 24.9%
  • 14 – 64 = 69.4%
  • 65+ = 5.7%
  • Median Age is 27.4 years old, thus a young ambitious workforce

Business Environment

  • Stable and equal socio-political environment
  • Competitive cost of labor
  • Foreign Direct Investment strongly supported by Government
  • Main investors … USA, Japan, Singapore Taiwan, South Korea and Hong Kong
GET LATEST NEW WORLD MOVEMENT NEWS

Newsletter Subscribe

It only takes a second to be the first to find out about our latest news and promotions...
READ OUR NEWS

Follow Us

It only takes a second to be the first to find out about our news and promotions...

Shopping cart

close
close
Start typing to see products you are looking for.

Sign in

close

Sidebar Scroll To Top