Through 2007, noted the Vietnamese economic trends of the market, the civil aviation industry and rubber industry, the best imported products, while cotton clothing and furniture covered export list. This trend is changing a bit 'premature end of 2008. According to Daniel Workman in his article 'Top Vietnamese exports and imports, at the end of the fourth quarter, the trends as follows:
5 fastest growing export TopCategories:
– Iron and steel products (over)
– Plywood and veneer
– Diamonds – both raw and tired
– Unit – home and kitchen
– DVD, TV, video equipment and various types
Top 5 fastest growing categories of imports:
– Nuts
– Industrial rubber products
– Copper
– Soybean
– Miscellaneous non-ferrous (no iron) metals
Preparations are made for imports profit
Despiteglobal economy and U.S. financial markets experienced significant turbulence in third and fourth quarter of 2008, Vietnam succeeded 10 billion U.S. dollars (USD) to be exceeded in exports to the United States at the end of October (2008). It was only the sum of all previous years (2007). current hypothesis is that the 2009 will be an increase over the previous year, which is 15% could see.
On the other hand, suggests the current figures indicate that exports of the United States only in the Vietnamese market, marking $ 1500000000 approached.It appears that the export market of Vietnam would be a sustainable and profitable opportunities for other companies and countries outside the U.S.? Absolutely. There are important considerations in the market in economic growth:
– Population: 86,116,559 to 13 most populated country in the world (57% of the total population is under 30)
– Real GDP growth: 8.48%
– Percentage of GDP financial sector: agriculture – 19.4%, construction andProduction – 42.3%, and services – 38.3%
– Main exports: petroleum, electronic components and products, seafood, footwear, apparel and textile products
– Major Imports: machinery and replacement parts for machinery, refined petroleum products steel, textiles and cloth materials
Export opportunities
According to U.S. Commercial Service, based in Hanoi, there are a number of potentially profitable
Still others are under investigation. ForCompanies and countries are interested in entering the expanding markets of Southeast Asia, here is a list of 10 shares most profitable Vietnamese economy:
– Airport ground support
– Computers Hardware and Software Services
– Education and Training
– Environmental (pollution control equipment)
– Franchise
– Gas, oil and petroleum products, machinery and related services
– Medical Equipment and Supplies
– Power Distributionand transfer
– Security and surveillance
– Telecommunications equipment and related services
These are some of the best export opportunities in Vietnam.
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