Vietnam's Potential: Your Guide to a Southeast Asian Trade Powerhouse

Vietnam has rapidly cemented its position as a global trade and manufacturing powerhouse. Fueled by strategic economic policies and a robust manufacturing sector, its dynamic growth has made it a critical hub in ASEAN's supply chain. For small and medium-sized enterprises (SMEs) looking to expand, understanding this market is no longer an option— it's a necessity.

Vietnam attracts global businesses due to a combination of factors:

• Young, Skilled Workforce: Median age 32.7 years, 74% labor participation rate, 95% literacy.
• High Digital Adoption: 79% internet penetration with a booming e-commerce market valued at US$25 billion in 2024.
• Logistics Readiness: Ranked 43rd globally in 2023, supporting efficient trade.
• Strategic Manufacturing Hub: Multinationals like Samsung, Apple, and Intel use Vietnam as part of their China+N supply chain strategies.
• Government Support: Policies including tax incentives and 18 free trade agreements (e.g., CPTPP, RCEP) enable easy access to cost-competitive labor and a digitally savvy consumer base.

Vietnam’s economic growth is driven by several high-potential sectors thar have become cornerstone of its export strategy:

Vietnam's economy is one of the fastest-growing in the Asia-Pacific region, driven by strong manufacturing and export sectors. Its diverse industrial base focuses on high-value goods including electronics, mobile phones, machinery, textiles, and footwear, making it a vital player in global trade.

Vietnam’s industrial growth is underpinned by world-class infrastructure:

• Air Cargo: Major hubs at Ho Chi Minh City (Tan Son Nhat International Airport) and Hanoi (Noi Bai International Airport). FedEx operates 36 weekly flights from these gateways, connecting businesses to over 220 countries and territories.
• Seaports: Deep-water ports like Hai Phong (north) and Cái Mép–Thị Vải (south) handle large-volume shipments, ensuring efficient maritime logistics.

This combination of industrial strength and logistics makes Vietnam a key player in global trade.

✔ Economy: Fifth-largest in Southeast Asia and one of the fastest-growing in the APAC region, driven by strong manufacturing and export sectors.

✔ Top Export Verticals: A diverse industrial base focusing on high-value goods including electronics, mobile phones, machinery, textiles, and footwear.

✔ Global Reach: Vietnam is a key player in global trade, ranking as the 10th largest trading partner of the U.S. in 2024.

Our operations are powered by a team of approximately 650 dedicated employees. We provide a robust flight network with 42 weekly flights from Vietnam, strategically positioned across major gateways in Ho Chi Minh City and Hanoi. Supported by 4 stations, 12 World Service Centers, and a fleet of over 200 vehicles, our infrastructure ensures seamless global connectivity, linking you to more than 220 countries and territories worldwide with fast and reliable delivery.

The insights above only scratch the surface of what Vietnam has to offer. Are you ready to take a deeper dive?

Download our comprehensive country profile, "Vietnam Strategic Trade Insight," to get exclusive details on in-depth analysis of Free Trade Agreements (CPTPP, EVFTA, RCEP), new government tax incentives for SMEs, detailed logistics profiles for high-growth sectors, and actionable strategies to navigate the market.