Exploring Vietnam's Import & Export Landscape: Status, Regulations, and Promising Sectors

With resilience and adaptability to global challenges, Vietnam continues to emerge as not only a global manufacturing hub but also an increasingly important market economy.

While the United States remains by far the largest export partner with almost 30% of Vietnam’s total export in 2022, Asia and the European Union also play significant roles as buyers of “Made in Vietnam” products. This creates a prime opportunity for exporters to tap into these lucrative markets and expand their global footprint. Moreover, Vietnam's strategic location in Southeast Asia offers convenient access to a vast consumer base, enabling businesses to capitalize on the growing middle class and their increasing demand for quality imported goods.

Notably, Vietnam stands out in the region with its numerous free trade agreements, underscoring its integration into global trade flows. These agreements include the EU-Vietnam Trade Agreement (EVFTA), the United Kingdom – Vietnam Free Trade Agreement UKVFTA, and the Regional Comprehensive Economic Partnership (RCEP), providing unparalleled opportunities for international trade.

Foreign investors who are active in the market or planning to enter must understand current trade conditions and regulations to ensure successful operations in this dynamic environment. Our Manager of Business Intelligence, Huyen Do and our Manager of Business Advisory Service, Mai TP Dam, examines the status of Vietnam’s import and export landscape and the top sectors for trade. We also uncover various business models that investors should explore, ensuring you have the knowledge and insights necessary to establish successful operations in Vietnam's dynamic environment.

Key points we will discuss:

• Overview Vietnam’s import and export: recent trade value and main trading partners
• Key industries with high growth
• Import and export procedures,  
• Business models that investors should explore for importing and exporting 
• Introduction of duties, exemptions, and tax rates  

For any questions or concerns, please contact Julia Goeb, at julia.goeb@dezshira.com. We look forward to having you join us in this webinar, and answering any questions you might have on the subject.

This Event occurred on Wednesday, July 26, 2023. If you were unable to attend it, you can still benefit from these resources that will help you review or discover more: