Australian Embassy

Investing in Vietnam

Vietnam’s economy is booming. With decade high growth of 7.1 per cent in 2018, Vietnam is expected to be a global top 20 economy by 2050 (In purchasing power parity terms. Source: PricewaterhouseCoopers – World in 2050 Report).

The Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) entered into force on 30 December 208 for Australia, Canada, Japan, Mexico, New Zealand and Singapore. For Vietnam, the seventy country to ratify the CPTPP, it entered into force on 14 January 2019.

Download booklets detailing the impact of the CPTPP on goods exports, services exports and investment below.