Ho Chi Minh City

Vietnam
Local time in Ho Chi Minh City -
The weather in Ho Chi Minh City 26°C half bewolkt
VNM

De businesshub voor Ho Chi Minh City

Trade with Vietnam has been on the rise for years. After Germany, we are the second largest European trading partner of the Vietnamese.

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Stats about City

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Vietnam
Netherlands

To see how this city (country) is doing economically, we have listed a number of important economic indices. The data comes from the World Bank, so it is reliable and always up-to-date, because it is refreshed automatically. You can also compare the data for this city with that of the other Cities of Opportunity. Click on the plus sign at the top right of the graph and select the relevant country.

Datasource Vietnam Netherlands Updated
Economic Growth (GDP Growth) World Bank - 4.11 % 2020 vs 2019 - 5.42 % 2020 vs 2019 30-07-2021
Gross Domestic Product (GDP) World Bank + 9.24 $ 2020 vs 2019 (billions) + 5.19 $ 2020 vs 2019 (billions) 30-07-2021
Ease of doing business index World Bank + 1.2 Ranking 2019 vs 2018 + 0.01 Ranking 2019 vs 2018 30-07-2021
Gross National Income (GNI) World Bank + 9.88 $ 2020 vs 2019 (billions) + 36.3 $ 2019 vs 2018 (billions) 30-07-2021

Facts and Figures Vietnam

Capital Hanoi (7,000,000 inhabitants)
Other major cities Ho Chi Minh City / Saigon (7,900,000 inhabitants), Haiphong (2,350,000 inhabitants)
Average age 32.6 years
Surface area 331,210 km²
Number of Residents 92.7 million inhabitants – 2016
Time difference +5 hours on Dutch summer time, +6 hours on Dutch winter time
Currency Vietnamese Dong (VND)
Head of State President Tran Dai Quang
Language Vietnamese

Sectors with opportunities 

Retail industry Vietnam’s middle class continues to grow. This group has an increased spending power and is progressively adopting a Western attitude in terms of retail behavior, especially in Ho Chi Minh. This translates into a strong demand for international, high-quality and safe products. With a potential sales market of 90 million inhabitants, this offers ample of opportunities for Dutch entrepreneurs.
Sustainability industry Vietnam notices the effects of climate change to a great extent. For example, the temperature in Vietnam is rising twice as fast as the global average. This is troublesome, because Vietnam is highly dependent on agriculture which is under threat because of its long coastline. Vietnam knows strong urbanization, which puts additional pressure on the (living) environment. Keeping up with this development is a challenge, where Dutch expertise can help. This offers opportunities in management, waste processing and in the field of polluted water and air flows.
Horticultural industry The Vietnamese market for potatoes, vegetables and fruit has grown strongly in recent years. And those opportunities continue to arise. The Vietnamese government intends to strongly increase the production of agricultural products. With a focus on quality and productivity.
 
Jeroen Haver

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Jeroen Haver International Business Manager