Vietnam

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A move to ease visa restrictions is helping Vietnam’s tourism industry rebound, with momentum expected to build in 2016 against a background of planned investments in related infrastructure.

Stretching along the eastern coast of the Indochinese Peninsula in South-east Asia, the Socialist Republic of Vietnam has risen to become one of the region’s success stories, following a remarkable post-war economic recovery. Its vast coastline, rolling highlands, dense jungle and abundance of natural resources have supported rapid industrial development, while ongoing...

Changes to legislation and a recovering real estate market in Vietnam are helping lure investors back to the sector, bringing renewed opportunities for the building industry as several landmark skyscraper projects kick off this year. 

Investment regulation reforms and the removal of foreign-ownership caps in several industries may help spur capital investment as well as bolster confidence in the Vietnamese economy.

Higher exports, supported by a robust industrial performance, took Vietnam’s GDP growth to a seven-year high in the first half of 2015, though trade imbalances and the risk of contagion from China remain a concern.

An active trading nation, Vietnam is poised to play an important role in ASEAN’s regional integration story. In particular, the country has established itself as a powerhouse in agriculture and textiles. New sectors to be developed in the future include mining, minerals processing and electronics. The main risks facing the country include a rapid increase in debt, inflation and currency...

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