Vietnamese Economy has a Stable Government; Consumption is a major driver of the Economy with Educated Workforce to Boost the Economic Growth of the Country


   November 24 2016

The Vietnamese economy is dominated by the service sector, which contributed approximately 49.3% to the total GDP in 2015.  Industrial sector contributes 33.6% of GDP, in which the manufacturing contributes 13.8% of GDP. The government reform for the economic restructuring are mainly focused on public investment, State economic corporations, State Commercial banks and credit organizations. A strong total consumption caused by an increase in household consumption and government spending is expected to be the main growth driver of the Vietnamese economy.  

Lucintel, a leading global Management Consulting and market research firm, has analyzed the political, economic, social, technological, legal, and environmental factors of Vietnam and has come up with a comprehensive research report, PESTLE Analysis of Vietnam 2016.” This report provides an analysis of the Vietnam’s economy from historical, current, and future perspectives. Swot Analysis, forecast and scenario analysis, and risk analysis of Vietnam is also included in the report. The report also includes the forecast for Vietnam economic growth through 2021.

The report highlights various drivers and challenges which have influenced investment decisions in the economy. Vietnam is a politically stable country. The country has current account surplus. Vietnam attracts more trade due to its strategic location. Vietnam is currently facing challenges, like low foreign reserves and low R&D investment. Another challenge for Vietnam is weak infrastructure; roads, railways and ports are inadequate to cope with the country’s economic growth and links with the outside world.

This 75-page research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents and pricing information on these timely, insightful reports, contact Lucintel at +1-972-636-5056 or via email at helpdesk@lucintel.com. Lucintel provides cutting-edge decision support services that facilitate critical decisions with greater speed, market insight, and cost efficiency. To learn more, visit http://www.lucintel.com/. You can also contact us through Live Chat in its website to answer your questions in real time.



About Lucintel

Lucintel, the premier global management consulting and market research firm, creates winning strategies for growth—whether you need to understand market dynamics, identify new opportunities, or increase your profitability. It offers market assessments, competitive analysis, opportunity analysis, growth consulting, M&A, and Due diligence services to executives and key decision-makers in a variety of industries. Over the last 15 years, Lucintel has served over 1,000 corporations in 70 countries. For further information, visit http://www.lucintel.com/.

Lucintel Corporate Customers

Market Entry, M & A, Opportunity Screening,...

Private Equity Customers

Buy Side Services (target screening, due diligence, ..)

Market Research Reports

Aerospace & Defense [44]
Chemical [101]
Composites & Advanced Materials [100]
Construction & Industrial [41]
Consumer and Retail [78]
Economic Analysis [86]
Energy & Utility [68]
Finance & Services [10]
Healthcare [25]
Media & Entertainment [16]
Metals & Mining [16]
Technology & Telecommunication [50]
Transportation [76]

Customer Quotes

"With more than 20 years experience in the industry, this is the first time we have come across such an extensive market analysis for our industry." Ven Cote, CEO, ZCL

"The insights we gained from Lucintel work helped with our business plan…a wonderful professional job…" Mike Jackson, Stahlin

"The report from Lucintel is useful not only for business planners, but also for the technology officers wanting to create a roadmap …" Dr. Giulio Ranzo, Booz Allen

"The information is so comprehensive, it has allowed us to identify & focus our business development efforts. It saved months of leg-work." Bill Barz, L&L Products

"We bought Lucintel report because it is the best report about our industry…a complete and appropriate analysis." Cesare Andrenacci, Ferretti

Quick Query

Hexcel Corporation to Acquire Oxford Performance Materials’ Aerospace & Defense Business ...
FACC Wins Additional Order for Bombardier C Series...
Spirit AeroSystems Plans Major Expansion, Job Growth in Wichita, Kan....
Diab Signs Long-Term Contracts ...
CPS’ HybridTech Armor Undergoing U.S. Navy Sea Trials...

Follow us on