We help companies capture opportunities and achieve sustained growth in Vietnam.
Gain insights on the biggest industries in Vietnam to achieve sustained growth in the local market.
Expand your business in the Vietnamese market and edge out your competition with support from our expert team.
Transform your business in Vietnam to reach more customers, achieve your goals, and lead the market.
Vietnam's GDP growth is expected to reach 6.95% in 2024, up from 5.1% in 2023. This sharp increase signals a strong economic outlook for the country, driven by robust domestic demand, expanding export markets, and significant foreign investment. The projected growth highlights Vietnam's potential as a thriving market in Southeast Asia, offering a wealth of opportunities for businesses seeking to expand in a rapidly developing economy.
In 2023, Vietnam's GDP grew by 5.1%, reflecting a steady recovery from global economic challenges. This growth was primarily fueled by the resurgence of the manufacturing sector, increased consumer spending, and favorable government policies aimed at stimulating economic activity. The jump from 5.1% in 2023 to a projected 6.95% in 2024 demonstrates Vietnam's resilience and its capacity to leverage internal and external drivers of growth, setting the stage for sustained economic expansion.
The expected increase in Vietnam's GDP presents a significant opportunity for businesses to enter and grow in this vibrant market. A growing economy creates a favorable environment for investment, characterized by rising consumer confidence, expanding industries, and a youthful, dynamic workforce. For companies looking to capitalize on these opportunities, having a deep understanding of the local market and a strategic approach is crucial to success.
Navigating Vietnam's evolving economic landscape requires the expertise of a trusted market research firm. Market Research Vietnam offers a comprehensive range of advisory services, including market entry strategies, competitive benchmarking, market assessments, operations support, M&A advisory, and partner due diligence. Our extensive experience and deep understanding of Vietnam's market dynamics enable us to provide tailored solutions that align with our clients' business objectives, helping them succeed in this competitive environment.
At Market Research Vietnam, we pride ourselves on our deep expertise and thorough understanding of Vietnam's market characteristics. Our hands-on approach ensures that we deliver customized strategies to meet the unique challenges and opportunities faced by our clients. Trust us to guide you through the complexities of the Vietnamese market, providing the support needed to achieve sustainable growth and long-term success for your business.
Explore Our Services
Business Consulting
Helping you adapt to current market dynamics by developing growth and transformation strategies.
Learn moreCustomer Research
Helping you gain an understanding of customer preferences and spending habits to better strategize your approach in the Vietnamese market.
Learn moreMergers and Acquisitions
Improve your chances of business growth and financial success by determining the viability of M&A.
Learn moreCompetitor Research
Identify your competitor's strengths and weaknesses and gain insights to implement more effective growth strategies.
Learn moreOperation Support
Helping you design a strategy to improve your internal operations and maximize your performance in the value chain.
Learn moreMarket Research
Monitor and gather data about industry trends, market environments, and consumer preferences to inform your growth strategies and operations.
Learn moreOur professionals are experienced in various strategic consulting areas and will deliver high-impact solutions for your business.
Contact Us“Their practical recommendations in the final report more than fulfilled our Board's expectations. The Ho Chi Minh's chapter has already implemented a number of the recommendations and has seen immediate positive results.”
Global Emerging Region & Global Channel Manager