Vietnam Hsbc

An export-oriented manufacturing and inbound foreign direct investment drive Vietnam's economic growth.

This would propel Vietnam into the world’s top 10 largest consumer markets by 2030.

Vietnam’s prudent policies resulted in a prolonged period of high growth, price stability, and low public debt-to-GDP ratios.

Vietnam saw an 11-year-high growth rate of 7.7% y-o-y in Q2/2022, largely reaping the benefits of re-opening tailwinds.

Compared to other ASEAN countries, inflation pressure in Vietnam is still relatively contained.

Vietnam has outperformed major regional indices, making the market nearly quadrupled in size compared with the start of 2012 and the trading exceeding $1 billion a day.