

Doing Businessin Vietnam
Asian Market Insights
A rapidly developing economy of over 98 million people, Vietnam is making strides into the international marketplace.
However, the Covid-19 pandemic has created a new set of challenges for the Vietnamese market.
Enterprise Ireland is responding to the global crisis by working with Irish exporters to help them avail of business response supports announced by the Government. These supports are designed to help businesses stabilise and adapt to the evolving situation, in preparation for getting back on the road to recovery.
Market Overview
Vietnam’s rapidly developing economy is making strides into the international marketplace. Vietnam’s one-party system has embraced the free market while retaining a guiding hand in the internal workings of the economy.
It recently signed and implemented an EU- Free Trade Agreement. Economic growth has seen the rapid development of Vietnam’s capital city, Hanoi, and its southern commercial hub of Ho Chi Minh City.
98.3m Population (2021)
7% GDP Growth (2019)
€32.4m Enterprise Ireland client exports (2020)
