Vietnam

Overview

Vietnam has become an important manufacturing and trading economy, with electronics, textiles and footwear serving international markets. Agriculture remains significant, including rice and coffee exports, while cities such as Hanoi and Ho Chi Minh City anchor growing service industries.

Foreign investment and trade agreements have helped connect Vietnam to global production networks. Moving beyond assembly into higher-value activities depends on stronger domestic suppliers, skills and infrastructure, alongside reliable energy and resilience to climate risks.

On the rise

Supply-chain diversification and deeper trade links offer Vietnam further industrial opportunities — with productivity, local value creation and climate resilience central to the next chapter.