One of the fastest-growing economies in Asia, Vietnam is a dynamic and vibrant place to do business. Vietnam is the 13thmost populous country in the world with a population close to 90 million; 60% of whom are under the age of 35. Over the past ten years, economic growth has been second only to China, averaging about 7.5 per cent per year since 2001. Vietnam’s GDP has been doubling every ten years since 1986!
Vietnam is one of Australia’s top 10 trading partners in Asia with two-way trade valued at A$6.2 billion in 2009-10. Vietnam presents significant market opportunities for Australian Exporters. Some of the key business opportunities for Australian companies are in:
- Building and construction
- Clean energy
- Health expertise
- Goods and services
- ICT
Interestingly, Vietnam is the world’s second fastest growing ICT market, with growth estimated at 20-25 per cent annually!
The international business projects, managed by the Discipline of International Business at the University of Sydney Business School in conjunction with the Export Council of Australia can give you the opportunity to engage with a postgraduate student to undertake rigorous market research into the opportunities for your business to expand into the Vietnamese market.
If you are interested in looking at this rapidly growing market and you are a member of the ECA, do not miss out on this fabulous opportunity. Please contact Lisa McAuley by the end of April and put your company forward to receive a tailored market research project.
If you are a business member of the Export Council of Australia and are interested in participating in the 2013 program, please e-mail Lisa McAuley on lisamcauley@export.org.au and provide the following information:
• Company name:
• Contact details:• Market project:
• Company overview:
Thank you!
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