Vietnam

One of Asia's fastest-growing economies with strong manufacturing exports, rising FDI, and a young, tech-savvy workforce.

#0

Ease of Doing Business

$0

Per Capita Income

$0B

FDI Inflow (USD)

0.0%

Export Growth

0

FTAs Signed

Economic Overview

$465B

GDP

100M

Population

6.8%

GDP Growth

Electronics & SemiconductorsTextiles & GarmentsAgriculture & SeafoodManufacturing

Vietnam has emerged as a major manufacturing powerhouse, benefiting from supply chain diversification away from China. With consistent GDP growth above 6%, a young population of 100 million, and aggressive FTA participation including CPTPP and EVFTA, Vietnam is one of Asia's most dynamic investment destinations.

Business Environment

20%

Corporate Tax

Vietnamese

Currency

UTC+7

Time Zone

Capital

Hanoi

Business Hubs

Ho Chi Minh CityHanoiDa NangHai Phong

Regulatory Highlights

Member of CPTPP and EVFTA expanding market access
Industrial zones with tax holidays and incentives
Improving intellectual property protections
Government committed to digital transformation agenda

Why Businesses Choose Vietnam

Fastest-growing major economy in ASEAN
Competitive labor costs with skilled workforce
China+1 strategy beneficiary for manufacturing
16 FTAs providing preferential access to global markets

Digital & Market Access

Internet Penetration79%
Smartphone Adoption73%

Major E-Commerce Platforms

ShopeeTikTok ShopLazadaTikiSendo

Digital Payment Landscape

Rapidly expanding digital payments with MoMo, ZaloPay, and VNPay leading the transition. Government targeting 80% non-cash transactions by 2025.

How GAP Helps in Vietnam

Our on-ground expertise and local partnerships help you navigate every aspect of doing business in Vietnam.

Company Formation

Foreign-invested enterprise setup and licensing.

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Commercial Growth

Go-to-market strategy and distribution network building.

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Finance & Compliance

Tax advisory, bookkeeping, and regulatory compliance.

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HR & Workforce

Recruitment, payroll management, and work permit support.

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Ready to Expand into Vietnam?

Let's discuss how GAP can help you navigate market entry and accelerate growth in Vietnam and across Asia.

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