Vietnam » Why Invest?

Vietnam is the fastest growing Asian Economy with a consistent growth rate of 7% during the last decade. The international Investors are taking a lot of interest in Vietnam which is obvious by having a look at its stock market which grew by 144% during the last year. Investors should choose Vietnam because:

The positive attitude of the Vietnamese government is the biggest incentive for the foreign investors to choose Vietnam as their next destination. During the last decade a lots of legal reforms were introduced in the country which facilitated and encouraged the foreign investors to come and invest in Vietnam.

• Vietnam, with a GDP growth rate of 7% (since 2002) and a stock market which is growing by 144% is showing the most promising signs of rising as a competitive economy in Asia.
• There is an abundance of natural resources in the country which are opening new vistas for opening variety of businesses in the country.
• Vietnam is an ideal investment region because it is brimming full of a young work force, ready to work at a much lower wages as compared to other economies. According to a survey, a semi-skilled laborer in Vietnam only cost 73$ a month, while on the other hand, in Thailand it would cost 375$ to employ a worker for a month. 
• Earlier in Vietnam, a foreign company could not be sole owner of a business; it had to be either a joint venture or special contracts which were regulated by government needed to be signed. But in today’s Vietnam, government encourages foreign investment to an extent that 100% foreign-owned businesses could be run. 
• Financing by government is readily available.
• The country is breathtakingly beautiful and has got a rich cultural history, which makes the work experience n Vietnam a pleasant one.