Vietnam is the third fastest growing country in the Asia Pacific

Vietnam has continued to show strong and consistent growth over the last decade, and has overcome macroeconomic imbalances and a major global downturn the last few years. Vietnam is the third fastest growing country in the Asia Pacific with GDP growth forecasted to reach around 7% in the medium term.

The excellent demographics, rising middle income class, trade openness and continuous financial and legal reforms have created a stable social, political and economic environment and are the key drivers for economic expansion. The Government’s prompt response to challenges over the last few years has been appropriate and reinforces confidence in the long-term path of the country. Vietnam is seen as one of the most promising countries and is among the next 11 emerging market countries.