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News Digest

Doing Business in Vietnam

Vietnam is designated as a High Growth Market by UK Trade & Investment. Vietnam's economy grew by 5.32 percent in 2009, making it one of the top expanding economies in the region despite the global financial crisis.

The economy saw a double achievement of gaining economic growth and reining in inflation, indicating the economy was responding well to the government stimulus policies. Recently, inflation has soared again in Vietnam and the Government is once again tackling it. Given it's track record, the Government will be successful because they are able to implement tough solutions.

UK is the 17th largest investor in Vietnam with total of US$2.151 billion. Vietnam has a growing population (87 million) and is a young, dynamic, educated market. With a literacy rate of over 95% and an emerging middle class with money to spend, Vietnam is an exciting market in which to expand your business.

Is your business ready for internationalisation? Or perhaps you are looking for a new market.  Asia Trade Experts can answer any questions you have about doing business in Vietnam, please contact our Chief Expert by phone on +44 1291 423935; by mobile on +44 7587140137 or by email at karl.john@AsiaTradeExperts.com