• The second fastest-growing economy in Asia.
  
• Rapidly liberalizing economy with a pro-FDI environment.
• Politically stable.
• Quickly expanding middle class and rapidly declining poverty rates.
• Lower labor costs compared to other big countries in the region.
• Accession to the World Trade Organization in 2007 has opened the way for ample economic growth opportunities.
• In 2010, the corporate tax was cut from 28% to 25% to encourage new enterprises.
• In 2011, business creation was streamlined through the creation of a one-stop shop to facilitate obtaining business licenses.
• In 2012, the government is promising to strengthen investor protections by requiring higher standards of accountability for Vietnamese companies.

With presently (November 2011) the lowest P/E ratio and the highest average growth in earnings per share among South East Asian equity markets, Vietnam definitely deserves the attention of foreign investors.

Vietnam has been included within new investment acronyms and groupings, most notably, "CIVETS," created by the Economist Intelligence Unit, and "Next Eleven" created by Goldman Sachs. These groupings were formed to highlight the potential of these countries and draw parallels to the opportunities the BRICs exhibited a decade ago. The CIVETS countries have large and young populations to fuel domestic consumption and cheap labor that is attracting exporters. These factors result in vibrant economies that have survived the Financial Crisis relatively unscathed and ready for continued growth. To exemplify this strength Vietnam's GDP growth rate in 2009, the height of the crisis, declined only to 5.3%.

Even when compared to other CIVETS constituents, Vietnam stands out:

CIVETS countries:

Useful links on the Vietnamese economy: