Vietnam
On this page you will find beneficial information regarding foreign direct investment in / trading with Vietnam. If you are interested in exploring trade or investment possibilities in the country, feel free to contact the International Trade Council team. Additionally, we encourage you to engage with the official government investment agency featured on this page.
It is important to note that while the statistics presented on this page were understood to be accurate at the time of publication, they are subject to change over time. Please consult your ITC Trade Commissioner for up-to-date information.
Type of Government: Communist Party of Vietnam (CPV)
Population: 97.47 million (2021)
GDP: 366.1 billion USD (2021)
Corporate Tax Rate: 20%
Personal Income Tax Rate: 5% - 35%
Major Exports: Broadcasting Equipment ($51.1B), Telephones ($25.3B), Integrated Circuits ($18.2B), Office Machine Parts ($11.7B), and Textile Footwear ($9.79B), exporting mostly to United States ($99.3B), China ($57.8B), South Korea ($22.6B), Japan ($21.3B), and Hong Kong ($12.5B).
Major Imports: Integrated Circuits ($39.8B), Telephones ($20.7B), Light Rubberized Knitted Fabric ($6.29B), Broadcasting Accessories ($5.38B), and Refined Petroleum ($4.76B), importing mostly from China ($129B), South Korea ($56.5B), Japan ($18.2B), Chinese Taipei ($14.8B), and Thailand ($12.5B).
Investment Agency: The Viet Nam Trade Promotion Agency VIETRADE
Website: https://vietrade.gov.vn/
National Chamber of Commerce: Vietnam Chamber of Commerce and Industry
Website: https://vcci.com.vn/
Customs Agency: General Department of Vietnam Customs
Website: http://www.customs.gov.vn/
