The Report: Vietnam 2017

  • ID: 4240713
  • Country Profile
  • Region: Vietnam
  • 208 Pages
  • Oxford Business Group
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Vietnam is Set to See the Highest GDP Growth in the Region in 2017


  • ACB Securities
  • Asian Development Bank
  • Citibank Vietnam
  • HSBC Vietnam
  • PwC Vietnam
  • VCI-Legal
  • MORE

After years of strong economic growth and surging foreign direct investment, Vietnam today is emerging as a key middle-income country in the South-east Asian political and economic sphere. A nation of ancient traditions with a youthful and energetic population, Vietnam is also moving through a period of additional economic reforms, while continuing to leverage its strategic location and strong international relations to further boost its rapidly growing overseas trade activity.

Economic growth projections for 2017 remain largely positive, with both the Vietnamese government and the Institute of Chartered Accountants projecting that real GDP growth would reach 6.5% in 2016, before climbing up to 7% in 2017, driven by strong manufacturing and foreign direct investment.

Vietnam is set to see the highest GDP growth in the region in 2017, while the average forecast for ASEAN was 4.5% in 2016 and 4.7% in 2017.

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  • ACB Securities
  • Asian Development Bank
  • Citibank Vietnam
  • HSBC Vietnam
  • PwC Vietnam
  • VCI-Legal
  • MORE


  • At all levels: An intensely local country is nonetheless flexing international muscle
  • Viewpoint: Nguyen Xuan Phuc, Prime Minister of the Socialist Republic of Vietnam
  • Joining the pack: The country is steadily transitioning to a liberalised economy
  • Interview: Pham Binh Minh, Deputy Prime Minister and Minister of Foreign Affairs
  • A season to celebrate: The 25th APEC summit is being held in Vietnam in 2017
  • Viewpoint: Former US President Barack Obama


  • Bucking the trend: Foreign direct investment and trade continue to climb
  • Interview: Nguyen Chi Dung, Minister of Planning and Investment
  • Interview: Lim Hng Kiang, Singapore Minister for Trade and Industry (Trade)
  • Neighbourly relations: The country is readying itself for integration into the ASEAN Economic Community
  • A landmark deal: A trade agreement with the EU is set to be signed in 2018
  • Interview: Cecilia Malmström, European Commissioner for Trade


  • Rising in the east: Increased investment is encouraging economic development, although a number of challenges remain
  • Interview: Dinh Tien Dung, Minister of Finance
  • Remaining flexible: The central bank is steadily moving to a currency basket peg
  • Tightening up: The government is working to improve the state’s balance sheet
  • Interview: Le Luong Minh, Secretary-General, ASEAN
  • Interview: Stephen P Groff, Vice-President for East Asia, South-east Asia and the Pacific, Asian Development Bank


  • Growth driver: Ongoing efforts to ease restrictions and tighten oversight has put the financial sector in a good position for future growth
  • Dealing with debt: With short-term pressure on banks’ books relieved, the priority now is longterm debt management
  • Roundtable: Nghiem Xuan Thanh, Chairman of the Board of Directors, Bank for Foreign Trade of Vietnam; Phan Duc Tu, CEO, Bank for Investment and Development of Vietnam; Natasha Ansell, Country Officer, Citibank Vietnam; and Pham Hong Hai, CEO, HSBC Vietnam


  • Market makers: Regulatory changes and new options are boosting activity and foreign investment
  • Interview: Vu Bang, Chairman, State Securities Commission
  • Coming up: The Unlisted Public Company Market sees a huge increase in listings as companies use it as a springboard to the main market
  • Interview: Trinh Thanh Can, CEO, ACB Securities
  • Market analysis & data provided by ACB Securities
  • Attractive yields: Bonds
  • Fuelling growth: Investment
  • Changing landscape: Real estate
  • Turning point: Banking sector


  • Growth story: Sector expansion continues, while the market is becoming more competitive
  • Interview: Dao Dinh Thi, Chairman, BaoViet Holdings
  • Vital cover: Thanks to increasing income levels, life policies are seeing rapid growth


  • Oiling the wheels: Keeping pace with power demand will require some changes
  • Interview: Duong Quang Thanh, Chairman, Vietnam Electricity
  • Interview: Bui Ngoc Bao, Chairman, Vietnam National Petroleum Group
  • At a crossroads: Private investment is needed for the next stage of development
  • Tariffs and buts: Development of renewables may depend on improved incentives
  • Deep thinkers: Attention is increasingly turning to unexplored fields


  • Forging ahead: The nation continues to liberalise its industrial base and manufacturing sector
  • Interview: Michael Behrens, General Director of Mercedes-Benz Vietnam and Chairman of the European Chamber of Commerce
  • A changing landscape: A series of new agreements and initiatives is set to keep manufacturing on top
  • Interview: Mai Kieu Lien, CEO, Vinamilk
  • Talking shop: A growing young population and liberalising reforms have foreign brands eyeing Vietnam


  • Growing pains: Pressure on exports has food producers looking to modernise
  • Interview: Tiet Van Thanh, General Director, Vietnam Bank for Agriculture and Rural Development
  • Grounds for optimism: Despite recent setbacks, coffee looks to remain a major player


  • Building up: New regulations and a series of major infrastructure projects have brought clarity and optimism to the sector
  • Return to form: The sector continues to reap benefits of a growing middle class and rapid urbanisation
  • Interview: Le Viet Hai, Chairman and General Director, Hoa Binh Construction Company
  • It starts at home: Local purchasing drives growth in the property market


  • Wired in: As digital content gains popularity, operators are bolstering infrastructure and introducing new products and services
  • Interview: Tran Manh Hung, Chairman of the Member’s Council, Vietnam Posts & Telecommunications Group
  • The next step: Four licensed operators are set to introduce 4G services
  • Interview: Truong Gia Binh, Chairman, FPT Corporation
  • Moving toward maturity: The industry is seeing high growth rates, although some challenges such as education and training remain


  • Ready to go: Record visitor numbers indicate a sector with a bright future
  • Rising fast: The coastal city of Da Nang is attracting a flurry of investment on its sandy beaches and mountainous scenery


  • An easy flow: A focus on transportation infrastructure aims to enhance the efficiency of moving goods and travellers
  • Interview: Truong Quang Nghia, Minister of Transport
  • All aboard: With increased passenger numbers, fleet upgrades and airport facility expansions will ensure everyone gets a seat
  • Interview: Wong Heang Fine, Group CEO, Surbana Jurong

14. TAX

  • In detail: The key tax regulations that investors should be aware of
  • Closer look: Transfer pricing and Customs are becoming more of a focus for multinational organisations
  • Interview: Dinh Thi Quynh Van, General Director, PwC Vietnam


  • Law of the land: A look at the country’s legal system
  • Interview: Tuan A Phung, Managing Partner, VCI-Legal


  • Luxurious surroundings: Accommodation listings in the country’s most frequented cities
  • Listings: Telephone directory of useful services and organisations
  • Facts for visitors: Helpful tips for travellers to Vietnam
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  • ACB Securities
  • Asian Development Bank
  • Bank for Foreign Trade of Vietnam
  • Bank for Investment and Development of Vietnam
  • BaoViet Holdings
  • Citibank Vietnam
  • European Chamber of Commerce
  • FPT Corporation
  • Hoa Binh Construction Company
  • HSBC Vietnam
  • Mercedes-Benz Vietnam
  • PwC Vietnam
  • Socialist Republic of Vietnam
  • Surbana Jurong
  • VCI-Legal
  • Vietnam Bank for Agriculture and Rural Development
  • Vietnam Electricity
  • Vietnam National Petroleum Group
  • Vietnam Posts & Telecommunications Group
  • Vinamilk
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Note: Product cover images may vary from those shown