Vietnam is known for having a remarkably young and enthusiastic labor force. The country is characterised by low labor costs, which makes Vietnam’s export goods and services more competitive than ever. This is an advantage for countries with large purchasing power from the Middle East and Europe. Vietnam’s production capacity will be continuously maintained and improved in the coming time.
Vietnam, currently is receiving special attention from major countries, as evidenced by the fact that FDI inflows into Vietnam are increasingly being consolidated and increased. in 2020, despite the difficult situation, Vietnam still attracted 29 billion USD of FDI, and in 2021, this figure has reached 23 billion USD even though only 9 months have passed. This is a solid basis for the development of Vietnam’s exports.
Vietnam is also actively tightening its relations with many countries by signing a series of free trade agreements, especially the EVFTA, an agreement that will help Vietnam become definitely more attractive in the European market.
The country, a part from being a promising exporter, still possess its unique traits of culture, economic statues and ways of doing business that are still new and different from the Westerners’ styles, so how exactly can SMEs exploit the market and find the right suppliers for them?
Kelmer Vietnam is now available to support enterprises to reinforce and improve their businesses by importing goods from Vietnam. With in-depth understanding and experience of the Vietnamese ways of doing business, we are certain to provide the best services as possible to satisfy the needs of foreign SMEs if they choose to buy from Vietnam.
For enquiries you can get in touch with our office in Hanoi at firstname.lastname@example.org
You can download our report here.