Your business is ready to go global? Are you interested in Asian markets?
Vietnam is one of the fastest growing economies in Asia. With a population of 96 million inhabitants and 70 percent of the population is under 35 years old, Vietnam has made it a great potential markets for any type of final goods. Moreover, Vietnam’s consumer market is booming. In the Southeast Asian region, Vietnam is ranked the second largest consumer market (Business Sweden, February 2018).
However, the fast-growing economy and large population also bring challenges to the country in terms of infrastructure, waste management, energy, and cleantech solutions. Vietnam needs help in solving these issues on a national scale.
Besides, Vietnamese youth quickly adapt to new technology. Nearly 55 million internet users are recorded by 2018, which also open opportunities in e-commerce, fintech, and other digital services.
This video from Business Finland provides you a general knowledge of the Vietnamese market. It will show you interesting facts and perhaps a new perspective of why your company should expand to Vietnam, and how to do business in Vietnam?