Vietnam has enjoyed strong economic growth. Since 1990, Vietnam’s GDP per capita growth has been among the fastest in the world, averaging 6.4 percent a year in the 2000s.. Vietnam’s economy continued to strengthen in 2015, with an estimated GDP growth rate of 6.7 percent. Vietnam’s economic activity moderated in the first half of 2016, with GDP expanding by 5.5 percent, compared to 6.3 percent over the same period in 2015. This slow-down is considered a result of severe drought–affecting agricultural production–and slower industrial growth.
Operating as a single market with 28 countries, the EU is a major world trading power.
EU economic policy focuses on creating jobs and boosting growth by making smarter use of financial resources, removing obstacles to investment and providing visibility and technical assistance to investment projects.
In terms of the total value of all goods and services produced (GDP), it is bigger than the US economy. EU GDP in 2017:
- €15.3 trillion
At the root of our activity was the desire to build bridges between Europe and Vietnam. Over time, we noticed that trade partners from South America, Africa, Canada, and also other Asian countries. We are aware that US and China remained the biggest trade partners of Vietnam in 2020. We are pleased with the recognition. We hope that since you came to this page to find out more about us, you will not hesitate to contact us to get to know us better.
Vietnam main imports are computers, electrical products and parts (18 percent of total imports) and machine, instruments and accessories (16 percent).
Others include: telephones, mobile phones and parts thereof (8 percent); textile fabrics (5 percent) and iron and steel (4 percent).
Main import partners are China (28 percent of the total imports) and South Korea (22 percent).
Others include: Japan (8 percent), Taiwan (6 percent), Thailand (5 percent) and the United States (4 percent).