Vietnam Market Watch: GDP Growth Projections, State Divestment Plans, and Aviation Guidance

Posted by Reading Time: 3 minutes

VietnamMarkrt Watch Logo with a subtitle (550px) -01-01

Government to sell stakes in 137 state-owned enterprises by 2020

Vietnam’s State Capital Investment Corporation (SCIC) is planning to divest its entire capital in 137 state-owned enterprises (SOE) by 2020. Changes in foreign ownership limits, a growing economy, and a strong performing stock market have attracted considerable interest from foreign investors for earlier SOE’s divestments. However, a lack of transparency and the slow progress of divestments are affecting investor sentiment.

Read More

DZS RELATED: Pre-Investment Advisory Services from Dezan Shira & Associates

Vietnam’s GDP forecast to grow at 6.5 percent in 2017

Vietnam’s GDP is forecast to grow by 6.5 percent in 2017 and at 6.7 percent in 2018, according to the 2017 Asian Development Bank (ADB)’s Outlook report. While the results remain largely upbeat, Vietnam’s first quarter growth, which came in slightly below prevailing estimates in March, has led to a more conservative outlook from the ADB. From the perspective of investors, however, aggregate GDP figures are likely to play a less significant role than the performance of key industries within the Vietnamese economy such as agriculture and manufacturing.

Read more

Related-Reading-Icon-Asean Link RELATED: Vietnam in 2017: Spotting Opportunities for FDI

Government rejects airfare price floor proposal

Vietnam’s Ministry of Transport has rejected a bid to set price floors on air tickets as proposed by the country’s national carrier, Vietnam Airlines, as well as its subsidiary, Jetstar Pacific. Under the proposals, Vietnam Airlines advocated for a floor price for domestic travel between US$68 (VND 1.5 million) and US$185 (VND 4.2 million), while Jetstar Pacific proposed rates between US$26 (VND 600,000) and US$53 (VND 1.2 million).

Read more


Vietnam Briefing is published by Asia Briefing, a subsidiary of Dezan Shira & Associates. We produce material for foreign investors throughout Eurasia, including ASEANChinaIndiaIndonesiaRussia & the Silk Road. For editorial matters please contact us here and for a complimentary subscription to our products, please click here.

Dezan Shira & Associates provide business intelligence, due diligence, legal, tax and advisory services throughout the Vietnam and the Asian region. We maintain offices in Hanoi and Ho Chi Minh City, as well as throughout China, South-East Asia, India, and Russia. For assistance with investments into Vietnam please contact us at or visit us at


Related Reading Icon-VB

dsa brochureDezan Shira & Associates Brochure
Dezan Shira & Associates is a pan-Asia, multi-disciplinary professional services firm, providing legal, tax and operational advisory to international corporate investors. Operational throughout China, ASEAN and India, our mission is to guide foreign companies through Asia’s complex regulatory environment and assist them with all aspects of establishing, maintaining and growing their business operations in the region. This brochure provides an overview of the services and expertise Dezan Shira & Associates can provide.

DSA_Doing Business in Vietnam 2017_cover_126x90pxAn Introduction to Doing Business in Vietnam 2017
An Introduction to Doing Business in Vietnam 2017 will provide readers with an overview of the fundamentals of investing and conducting business in Vietnam. Compiled by Dezan Shira & Associates, a specialist foreign direct investment practice, this guide explains the basics of company establishment, annual compliance, taxation, human resources, payroll, and social insurance in this dynamic country.

VB_2016_12_en_Managing_Contracts_and_Severance_in_Vietnam_-_Cover (1)

Managing Contracts and Severance in Vietnam
In this issue of Vietnam Briefing, we discuss the prevailing state of labor pools in Vietnam and outline key considerations for those seeking to staff and retain workers in the country. We highlight the increasing demand for skilled labor, provide in depth coverage of existing contract options, and showcase severance liabilities that may arise if workers or employers choose to terminate their contracts.