Vietnam Industrial Whitepaper (2020Q3EN)

Effective containment of the Covid-19 pandemic and the recently ratified EU-Vietnam Free Trade Agreement (EVFTA) has reassured Manufacturing and Logistics investors around the globe. Investor confidence in Viet Nam is increasing, even in this difficult year.

In Q3/2020, upticks in Manufacturing and Exports saw gross domestic product (GDP) increase 2.62% year-on-year (YoY). Successful Covid containment and increased overseas demand helped accelerate recovery from the first half slowdown. Apart from China, Viet Nam will be the only major Asian economy expected to register positive growth in 2020, according to Oxford Economics.