Located in South East Asia, Viet Nam boasts a thousands-year history. During its long history, Vietnam has fought and defeated various powers including China, France, and the United States. The Vietnam War ended in 1975 with the reunification of Vietnam.
Today, Viet Nam continues to strongly push forward the process of renovation and international integration, recording enormous achievements in all economic, political, cultural and social areas, etc. Thanks to its political stability with the Communist Party in power for over 70 years, Viet Nam is one of the world’s fastest growing economies with annual GDP growth of over 6% over the past two decades.
Since its accession to the WTO in 2007, Vietnam has been maintaining the policy of international integration. With 16 bilateral and multilateral FTAs with major partners in the world ratified or close to the deal such as ASEAN Economic Community, RCEP, EU – Vietnam FTA, and the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP)… Vietnam has now become an important chain of the global economic network. Vietnam is also one of the most open economies in the world with import-export volume accounting for more than 150% of GDP and the Foreign Direct Investment (FDI) sector contributing 20% of GDP.
Viet Nam has achieved most of the Millennium Development Goals set by the United Nations. Viet Nam is also a country of unique and diverse culture, with more than 90 million hard-working, open and friendly people.