Vietnam is a densely populated developing country and is one the fastest growing economies in the South East Asia region. With a young population, stable political system, commitment to sustainable growth, relatively low inflation, stable currency and a strong manufacturing sector, the country is committed to continuing its global economic integration.
The country is also heavily reliant on agriculture and has grown to lead in production and export of several commodities, especially rice, coffee, rubber and sea products. Vietnam’s large population and increasing foreign investments have also made the country an important production centre for the textile industry, as well as for electronics.
Vietnam’s top export partners are USA, China, Japan and South Korea.
In 2020, the Advisory Board Centre mapped professionals currently serving on Advisory Boards. This assessment identified over 1,000 professionals on Advisory Boards in Vietnam.
Research has identified that the Advisory Board sector is emerging, and Advisors exist as a profession in Vietnam. As an emerging sector, advisory board professionals may have opportunities in key sectors including – agriculture, energy and textiles – and are encouraged to stay open-minded to start-up and emerging industries.
There is a growing opportunity for professionals to increase participation in Vietnam, by formalising Advisory Board structures and collaborating on a global scale. As this sector grows, it is important to note that best practice credentials will shift the market from informal to formal Advisory Boards over time.
|Population||96.46m||Labour Force by occupation|
|GDP by sector||Services||34%|
|Industry||33.3%||Global ease of doing business rank||70th|
|Services||51.3%||Global ease of doing business score||70.8/100|