• Continued strong economic growth, ongoing reform and a large population of 86
million—half of which are under the age of thirty—have combined to create a
dynamic and quickly evolving commercial environment in
• Sales of equipment, technologies and consulting and management services
associated with growth in
of major infrastructure projects continue to be a major source of commercial activity
for foreign firms.
• Per capita GDP surpassed $
at the end of 2010. With disposable income levels in major urban areas four to five
times this level, significant opportunities in the consumer and services sectors are
fast emerging.
• Telecommunications, information technology, oil and gas exploration, power
generation, highway construction, environmental project management and
technology, aviation and education will continue to offer the most promising
opportunities for foreign companies over the next few years as infrastructure needs
continue to expand with
• The GVN plays a significant role in the economy, with state-owned enterprises
(SOEs) making up 38 percent of GDP. The GVN strategy to “equitize” (partially
privatize) SOEs in all sectors of the economy is slowly moving forward. While the
GVN will maintain majority ownership in the largest and most sensitive sectors of the
economy, including energy, telecommunications, aviation and banking, the
equitization process will nevertheless create opportunities for many foreign companies.
• A new telecommunications law and a new radio frequency law were passed by the
National Assembly in November 2009 and went into effect on July 1, 2010,
potentially opening up new opportunities for trade and investment by foreign firms in
this rapidly expanding market segment.
The sales of all kind of household appliances and laser disc player, laser machine, music centers and other audio-visual equipment, hairdryer, juicer, electric irons and other are riseing in Vietnam.
Western medicine in
With the gradual development of the Vietnamese economy, the growing demand of steel billets and steel billet production can not meet the needs of economic development. In 2002
Vietnamese machinery industry is backward, it needs textile machinery, building material machinery, mining machinery, transportation machinery, light industrial machinery for economic develop and they need special machine tools and precision machine tools.
The export of shoemaking industry is increasing year by year, but they are lack in materials, especially leather shortage.So the leather market potential is huge. In addition,
The electrical equipment, building materials and dry process contracting market in
Vietnam Cement Corporation annually increased imports of 3000000-5000000 t permanent sludge.
Agricultural Machinery
Moto
The motorcycle is the main transport for Vietnamese people. At present,
Colour TV set
Currently, the popularity rate of colour TV sets in Vietnamis only 45%.And it is mainly in the big cities.
Agricultural Chemicals
It is said that the capacity of pesticide market in
Fisheries, aquatic products processing
Medicine
Traditional Chinese Medicine enjoy high reputation in Vietnam Pharmaceutical Market and Vietnamese always like to use of Chinese medicine.
Steel billet, steel
Forage
Textile
Advanced fabrics for processing are mainly imported,and it also imports silk, plush.
Raw Materials for Plastic
Raw Materials for shoemaking
The export of shoemaking industry is increasing year by year, but they are lack in materials, especially leather shortage.
Packaging platemaking and advertising production
Plate technology is backward in Vietnam,and it can not meet the needs of the packaging and printing, the vast majority of packaging and anti-counterfeit version are still rely on imports,and update frequency,the demands is huge.
High-fidelity computer color graphics copy in
Recreational Facilities
It is lack of facilities with a huge market.
Construction Machinery
The infrastructure construction, project contracting market in
Information comes from CIA wordfacts ,WIKI,US Embassy ,China Embassy and so on.