Vietnam

Vietnam · VNM · Southeast Asia

Risk Score

Guarded→ Stable

Risk Factors

No recent events in pipeline

Overview

Vietnam is a rapidly growing Southeast Asian economy, known for its strong manufacturing and export sectors, particularly in electronics and textiles. The country has successfully attracted significant foreign direct investment and is integrating further into global supply chains. It continues to pursue market-oriented reforms while maintaining a socialist political system.

Leadership

Tô Lâm

President

Government: One-party socialist republic

Phạm Minh Chính

Bùi Thanh Sơn

Hồ Đức Phớc

Economy

GDP

$550.0B

GDP per Capita

$5.5K

GDP Growth

+6.8%

Inflation

3.5%

Unemployment

2.0%

Manufacturing (electronics, textiles, footwear)Agriculture (rice, coffee, seafood)Services (tourism, retail)Information technology

Trade

Key Exports

Electronics (smartphones, computers)Textiles and garmentsFootwearAgricultural products (coffee, rice, seafood)Machinery

Key Imports

Machinery and equipmentElectronics componentsPlasticsPetroleum productsIron and steel

Top Partners

ChinaUnited StatesSouth KoreaJapanEuropean Union

Headlines (8)

The Hindu Business Line14h ago

Adidas expands India sourcing with new Evervan Kothari plant set to add capacity

Washington Examiner14h ago

Vietnam's communists quietly surrender to capitalism

Deccan Chronicle17h ago

Sri Lanka Becomes Upper-middle-income Country, India Still Lower-middle-income

The Manila Times17h ago

Singapore Team Crowned Champion at the Inaugural Asian Hackathon for Green Future 2026 in Vietnam

India Today17h ago

Vietnam and 5 others climb World Bank's income ladder. Where does India stand?

Hindustan Times18h ago

China's Nanning on top alert as Typhoon Maysak triggers catastrophic flooding

Times of India19h ago

“I ate a raw, still-pumping snake heart”: This hidden snake village near Hanoi offers one of Vietnam's wildest travel experiences

Moneycontrol19h ago