Vietnam has emerged as an important investment spotlight for foreign investors. With GDP growth of 7 percent, import-export turnover of US$518 billion in 2019, and total registered capital of $362.58 billion by the end of 2019, the country continues to thrive in a wide variety of sectors. Social-political stability, a young population, a cost-competitive labor force, and government commitment to reform the regulatory framework has improved the business environment for investors in Vietnam.
The Southern Key Economic Region
Vietnam can be divided into four Key Economic Regions (KERs). These four KERs consist of the Northern, Central, Southern, and Mekong Delta regions and cover the majority of economic and investment hubs in the country.