Invest to Vietnam, why not ?

Author: Hoa Nguyen, MBA.,MA.

Known as one of emerging economies in South East Asia, Vietnam is providing many profitable opportunities for foreign investors. Here are main advantages for investment opportunities to Vietnam.

1. Stable political conditions: Since the independent day in 1945, Vietnam has been running only one political system with domination of Vietnam Communist Party. This fact leads to stable political conditions without any political disputes. Vietnam Communist Party is leading the Government in creating the development strategy, policies, especially promotional policies for economy development. The "green light" for foreign investment is also turned on by specific policies and rules from the Government.

2. Huge market with more than 80 million people, who are finding high quality of products and services due to the lack of food safety and terrible existing products imported from unsafe sources.

3. Vietnamese economy is recovering from the global financial crisis by positive supports from the Government. In 2013, GDP growth rate has been estimated at 5,4%. GDP growth rate is also estimated at 5,8% in 2014 and 6% in 2015.

4. Profitable rate of this economy is higher than development economies because of the development rules, determined by the role of technology and economic scale. Foreign exchange rate forecasts to be stable in the next years.

Nhon Trach Industrial Zone - Vung Tau - Vietnam

5. Young Vietnamese people love "new trends" in consumption and lifestyles, which come from foreign economies. And the case of McDonald's Vietnam is a strong evidence for the mentioned trend. People were excited to wait for enjoying its products in the first launched day of this brand in Ho Chi Minh city.

6. Vietnamese incomes are increasing significantly. At the present, Vietnamese GDP per ca-pita is at nearly $2000/year, reported by IMF in 2012.