Research & publications

Our 2021 Industrial Whitepaper looks at Viet Nam’s industrial transformation and its move onto its position as a leading manufacturing hub. Despite a challenging 2021, strong economic forecasts and the increase in high-value industries mean that foreign and value-added investors remain bullish on Viet Nam’s long-term growth.

In Q3/2020, upticks in Manufacturing and Exports saw gross domestic product (GDP) increase 2.62% year-on-year (YoY). Successful Covid containment and increased overseas demand helped accelerate recovery from the first half slowdown.

In 2019, Vietnam’s impressive macroeconomic indicators supported the strong performance of the real estate market.

Viet Nam has transformed from an agricultural-based economy to one of the most popular manufacturing and industrial hubs in Asia and is now transitioning from low skilled and labour-intensive production to higher-value industries.

In 1H/2019, Viet Nam’s manufacturing and processing sector experienced continued growth amid the US-China trade war, new industry investments and significant free trade agreements taking effect.