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Country risk report · Asia

Vietnam

Political RiskMedium
Operational RiskMedium
Security RiskLow

Summary

Vietnam, located in Southeast Asia, is a rapidly developing nation known for its rich cultural heritage, scenic landscapes, and dynamic economy. It shares borders with China to the north, Laos and Cambodia to the west, and the South China Sea to the east. Vietnam's population is estimated at 100.6 million (2024), with Hanoi serving as the capital and Ho Chi Minh City as its largest economic hub. Renowned for its breathtaking natural attractions, such as Ha Long Bay and the Mekong Delta, the country also boasts a long history and a vibrant culture. Vietnam’s economy is driven by manufacturing, agriculture, and services, with exports playing a crucial role. Key exports include electronics, textiles, and agricultural products such as coffee and rice. The country has witnessed strong economic growth over the past decades, supported by structural reforms, foreign investment, and a growing labor force. However, challenges such as corruption, environmental concerns, and income inequality persist.
Capital
Hanoi
Population
100.6 million (2024 estimate)
Official Language
Vietnamese
Currency
Vietnamese Dong (VND)
Key Industries
Electronics manufacturing, textiles, agriculture (rice, coffee, seafood), tourism, services
GDP
$415 billion (2023 estimate)
GDP Growth
5.8% (2023 estimate)

Table of contents

  1. Vietnam | Overview
  2. Political Risk Summary
  3. Political Stability
  4. Regulatory Risk
  5. Contract Enforcement
  6. Integrity and Corruption
  7. Sovereign Risk
  8. Operational Risk Summary
  9. Institutional Risk
  10. Infrastructure Risk
  11. Labour Risk
  12. Security Risk Summary
  13. Crime Risk
  14. Terrorism Risk
  15. War Risk
  16. Civil Unrest
  17. Kidnap Risk

Risk levels in the report

From the report’s summary page. The full report explains each level and lists the key concerns behind it.

  • Very Low
  • Low
  • Medium
  • High
  • Very High
Risk levels by category and subcategory
CategoryRisk level
Political RiskMedium
Political StabilityLow
Regulatory RiskMedium
Contract EnforcementMedium
Integrity and CorruptionMedium
Sovereign RiskLow
Operational RiskMedium
Institutional RiskMedium
Infrastructure RiskMedium
Labour RiskLow
Security RiskLow
CrimeLow
TerrorismVery Low
War RiskLow
Civil UnrestLow
Kidnap RiskLow

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Anton Arnesen — Group Compliance Officer, Multiconsult Group