Business Dynamics: Vietnam Sep 2025

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Overview:

The Country Briefings series examine market potential, economic and consumer trends impacting each country and how they are set to change.

Each Country Briefing covers one of these topics:
  • Economy, Finance and Trade: Understanding the structure, health and potential risks of an economy are important for decision-making within an existing operating environment as well as for expansion strategies. Real GDP growth, inflation and exchange rate fluctuations will directly impact consumer market potential. Import and export trade profiles help gauge how open an economy is to trade and investment, while analysis of government finances can be used to explore macroeconomic stability and susceptibility to economic shocks.
  • Income and Expenditure: Insights into income, wealth and expenditure of consumers are vital in helping businesses make strategic decisions with regards to which country (or even which region within a country) to enter, which consumer segment to target, which products or services to market, and at which price point. Other factors such as the size and expansion of the middle class and income inequality are also important in helping companies gauge the potential of a country market.
  • Households: Global shifts in gender, ageing, migration and housing are transforming the size, location,  general make-up as well as income and expenditure of households around the globe, with diverse implications for governments and companies. Households insights can help identify the decision-making processes and consumption tastes of different household groups and types within a country, and assess household appliance and digital readiness that is key for formulating market technology and internet strategies.
  • Business Dynamics: A stable and competitive business environment is vital to operate efficiently and attract inward investment. Businesses can assess these factors alongside challenges such as corruption, political instability and terrorism, also gain insight into business operating environment and make strategic investment decisions. Transport infrastructure, ICT readiness and labour force dynamics will also identify potential issues with a supply chain and the level of workforce skills.
  • Commodities: Insights on key sectors directly related to the environmental commodities of a country such as energy, water, pollution, environmental resilience, forest and biodiversity and food and agriculture help businesses to make strategic decisions in relation to environmental and commodities trends, improve brand reputation and ensure long-term operations while ultimately growing the bottom line.
HEADLINES
OPERATIONAL AND REGULATORY ENVIRONMENT
  • Vietnam‘s economic freedom ranking rises, boosting trade and business environments
FINANCING AND INVESTMENT
  • Financial freedom improves, supported by significant foreign direct investment
SKILLS AND LABOUR
  • Decline in labour freedom recorded due to persistant structural challenges
TRADE AND INFRASTRUCTURE
  • Improved trade freedom and logistics infrastructure, boosting global competitiveness
DIGITALISATION AND INNOVATION
  • Vietnam improves digital infrastructure but faces ICT adoption challenges
OPERATIONAL AND REGULATORY ENVIRONMENT
  • Chart 1 Operational and Legal Environment Key Indicators 2024
  • Chart 2 Index of Economic Freedom Ranking by Pillar in Vietnam and Regional Comparison 2024
  • Chart 3 Index of Economic Freedom Ranking 2019-2024
  • Chart 4 Index of Economic Freedom: Judicial Effectiveness Pillar Rank in Vietnam and Regional Comparison 2019-2024
  • Chart 5 Index of Economic Freedom: Government Integrity Pillar Rank in Vietnam and Regional Comparison 2019-2024
  • Chart 6 Corruption Perceptions Ranking: Vietnam and Regional Comparison 2019-2024
FINANCING AND INVESTMENT
  • Chart 7 Key Financial and Investment Indicators 2024
  • Chart 8 Index of Economic Freedom: Property Rights Pillar Rank in Vietnam and Regional Comparison 2019-2024
  • Chart 9 Bank Claims on the Private Sector as % of GDP 2019-2024
  • Chart 10 Bank Nonperforming Loans to Total Gross Loans 2019-2024
SKILLS AND LABOUR
  • Chart 11 Key Skills and Labour Indicators 2024
  • Chart 12 Population Aged 15+ with Higher Education 2019-2024
  • Chart 13 Education Indicators 2024
  • Chart 14 Number of University Graduates by Programme 2024
  • Chart 15 Employment by Age 2024
  • Chart 16 Employment by Gender 2024
  • Chart 17 Youth Unemployment Rate 2019-2024
  • Chart 18 Labour Structure Change 2019-2024
  • Chart 19 Labour Structure Comparison 2024
  • Chart 20 Self-Employed as % of Total Employed Population 2024
  • Chart 21 Index of Economic Freedom: Labour Pillar Rank in Vietnam and Regional Comparison 2019-2024
  • Chart 22 Wage per Hour in Manufacturing Sector 2019-2024
  • Chart 23 Labour Market Regulations in Vietnam and Regional Comparison 2024
TRADE AND INFRASTRUCTURE
  • Chart 24 Key Infrastructure Indicators 2024
  • Chart 25 Index of Economic Freedom: Trade Freedom Pillar Rank in Vietnam and Regional Comparison 2019-2024
  • Chart 26 Vietnam’s Top Four Largest Export Categories 2019-2024
  • Chart 27 Turnover of Transport and Storage Industry by Category in Vietnam 2024
  • Chart 28 Transportation Mode Indicators in Vietnam and Regional Comparison 2024
  • Chart 29 Road Infrastructure 2024
DIGITALISATION AND INNOVATION
  • Chart 30 Innovation and Digitalisation Key Indicators 2024
  • Chart 31 Network Readiness Ranking by Pillar in Vietnam and Regional Comparison 2024
  • Chart 32 Network Readiness Ranking for Vietnam and Regional Comparison 2019-2024
  • Chart 33 Network Readiness Ranking: Technology Pillar for Vietnam and Regional Comparison 2019-2024
  • Chart 34 Intellectual Property: Vietnam Compared to Selected Regional Peers 2024
APPENDIX A
  • The 2024 Index of Economic Freedom
APPENDIX B
  • The Network Readiness Index (NRI) 2024

Euromonitor International is a leading independent provider of global market research, data, and analysis. Headquartered in London and founded in 1972, Euromonitor specializes in delivering strategic intelligence on industries, economies, and consumers worldwide.

The company offers detailed reports, statistics, and expert insights across more than 100 countries and 30 industries, with a strong focus on consumer markets. Its flagship platform, Passport, is widely used by business professionals, analysts, and academic institutions for market sizing, forecasting, competitive analysis, and consumer trends.

Euromonitor’s research methodology combines in-depth primary research, expert analysis, and robust data modeling, ensuring comprehensive and reliable information. The firm also provides custom consulting services to help organizations identify growth opportunities, understand market dynamics, and make informed strategic decisions.

With a strong global network of analysts and a reputation for high-quality data, Euromonitor is a trusted partner for companies aiming to navigate the complexities of global markets and stay ahead of trends.

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