If you are curious about Vietnam – a beautiful country with amazing beaches, a strategic location to China, and a favorable business environment, the content below will give you the big picture before making any important decisions.
1.Geography:
Vietnam is a country located in South East Asia. Vietnam shares its land borders with China to the north, Laos, and Cambodia to the west; shares its maritime borders with Thailand through the Gulf of Thailand to the southwest, and is bounded by the South China Sea to the east and the south.
Geographically, Vietnam is a long, narrow country that extends over 1,600 km (1,000 miles) from north to south, has a coastline excluding islands of over 3,300 km (2,000 miles), and is only 50 km (30 miles) wide at its narrowest point. And with the long coastline, Vietnam is very close to important international shipping routes for exports and imports.
Vietnam is also a tropical country but each area has its typical weather. North Vietnam has 4 seasons in a year: Spring, Summer, Autumn, Winter. South Vietnam has 2 seasons: wet and dry season. A variety of climates is suitable for food crops and fruit trees and tourism development.
2.Population
The population of Vietnam is over 95 million and accounts for 1,27% of the population of the world with the density of the population about 314 people per square kilometer. People in working-age account for nearly 70% of the population so that the labor force in Vietnam is really abundant.
Besides, as labor cost has been increasing in China significantly, the huge population in Vietnam provides a cheaper alternative and great skilled workforce.
3. Tourism
Vietnam is one of the most beautiful countries in South East Asia. Every year, millions of tourists visit and have a nice experience in Vietnam. Vietnam has many beautiful sites, one of them is Ha Long Bay which is one of the Seven Natural Wonders of the World. Besides, the architecture of constructions in Vietnam is really special, tourist like the modern mix with ancient aspects in the architecture so much.
Vietnamese food is famous for being delicious and healthy. With beautiful sites and unique architecture, street food in Vietnam is also a memorable experience for tourists. Have a try, I’m sure Vietnamese food never disappoints you.
4. Economy
Over the past 30 years, Vietnam has had a remarkable development record. Economic and political reforms under Đổi Mới, launched in 1986, have spurred rapid economic growth and development and transformed Vietnam from one of the world’s poorest nations to lower-middle-income countries.
World’s Bank concluded that Vietnam is one of the fastest-growing economies in the world with an average growth rate of 6.46%. This also put Vietnam in third place of the largest economy in Southeast Asia.
With the economy strongly progressing in its development, abundant human resources, and favorable natural conditions, Vietnam promises to be an attractive investment destination for investors in the future.
Please don’t hesitate to contact us if you require any further information!
