Vietnam's trade and investment outlook is shaped by its economic openness, proactive government interventions and evolving legal environment. Robust trade agreements like CPTPP, EVFTA and RCEP drive significant foreign investment in manufacturing, real estate and high-tech sectors. The government supports this with a favourable 20.0% corporate tax rate and incentives for high-tech industries, although the resources sector faces higher rates. The legal environment presents challenges, with political influence affecting judicial independence and enforcement efficiency. While regulatory reforms and new IP laws show progress, foreign ownership restrictions and inconsistent law enforcement remain operational risks for businesses. Providing expert analysis and independent forecasts on trade and investment risk. The Report assesses the trade and investment risks and opportunities facing businesses and investors in Vietnam via insights into trade barriers, free trade agreements, investment incentives, investment restrictions, FDI flows, key import and export markets, government intervention, taxation, and the development of the legal and bureaucratic systems. Economic Openness: This segment assesses the risks posed to businesses and investors looking to enter the market, assessing its overall openness to foreign direct investment, and attractiveness as an investment destination compared with its regional and global peers. The Report highlights key investment barriers and incentives, and evaluates trade flows, main trading partners and products and barriers to trade. Government Intervention: This segment highlights key risks stemming from the burden of taxation and financial barriers on foreign and local firms. It also analyses the development of the financial market, the density of the banking sector, availability of credit, and the sophistication of the market. Legal Risk Analysis: Covering the observance of the rule of law and risks posed to businesses stemming from corruption, this section evaluates the main risks that investors and businesses face from the regulatory quality in a market and the protection of real and intellectual property rights. It also assesses bureaucratic risks, the extent of e-governance development and governmental transparency.