Market Research Vietnam

Helping companies to expand business and capture opportunities in Vietnam.

Vietnam Market Research

Opportunities in the strong and resilient economy

Vietnam has shown an impressive development over the last 30 years Economic and political reforms have fueled rapid economic growth, transforming what was then one of the world's poorest nations into a lower middle-income country. GDP per capita rose by 2.7 times from 2002 to 2018, hitting over US$ 2.700 in 2019, and more than 45 million people were out of poverty. Vietnam's economy continued to show strength and resilience, backed by strong domestic demand and export-oriented manufacturing.

Vietnam is also experiencing rapid demographic and social transition. The population exceeded 97 million in 2018 and is projected to grow to 120 million by 2050. Currently, 70 % of the population is under the age of 35, with a life expectancy of 76 years, the lowest among countries in the world at equivalent income rates. The rising middle class, currently accounting for 13 per cent of the nation, is projected to hit 26 per cent by 2026.

Vietnam's economy is focused on big state-owned industries such as textiles, fruit, clothing, plastics and paper, as well as tourism and telecommunications. The energy sector has also been booming in recent years and Vietnam has become the third largest Southeast Asian oil producer. The country has also invested in high value-added industries such as cars, electronics and computer technology.

Market Research Vietnam is experienced to offer comprehensive and in-depth business analysis through a broad variety of industries to Fortune 500 firms, conglomerates and international businesses in Vietnam. We are dedicated to helping our clients develop, broaden and transform their company in one of the most competitive developing countries in the world.

Our Expertise

Our Success Stories

Commercial Due Diligence for Acquisition of Vietnam Generics Pharma Co.

YCP Solidiance developed a comprehensive due diligence framework that comprised a full-fledged analysis of the market, customer segment, product segments, competition, distribution channels, coupled with an in-depth internal assessment of the Target's operations, commercial activities, risk factors, etc.

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Our Success Stories

Manufacturing Site Selection for Industrial Tools in Vietnam

YCP Solidiance placed a team composed of a project manager and three consultants on this project. The team visited established and emerging industrial zones in Vietnam to conduct in-depth interviews with industrial zone management, other manufacturers, and relevant government agencies & industry associations.

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Our Clients

Market Research Vietnam Client
“Their practical recommendations in the final report more than fulfilled our Board's expectations. The Ho Chi Minh's chapter has already implemented a number of the recommendations and has seen immediate positive results.”

Global Emerging Region & Global Channel Manager

Market Research Vietnam Client - DuPoint

Insights

Vietnam’s Healthcare Cost Challenge
Vietnam’s Healthcare Cost Challenge: Actions to Take

Vietnam continues to face healthcare expenditure challenge, according to Solidiance’s white paper, “The ~USD 320 billion healthcare challenge in ASEAN.

Vietnam Become Global Agriculture Powerhouse
Vietnam Pursues Plan to Become a Global Agriculture Powerhouse

Vietnam is currently pursuing an ambitious plan to become a global agricultural powerhouse by 2030.

Vietnam’s Passenger Vehicle Market
Vietnam’s Passenger Vehicle Market Continues to Grow

Vietnam’s passenger vehicles market is forecast to continue its upward growth trend, with sales reaching ~225,000 units by 2020.

Fintech in Vietnam Market
Have Fintech Companies Really Disrupted the Vietnamese Market?

New Fintech Report on Vietnamese market provided by Solidiance.