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 Kenneth Wee Profile Image

Kenneth Wee

No. 10, Plaza Seri Kubu
Jalan Tan Chay Yan,
75300 Melaka, Malaysia

Office: 606-283-6500
Cell: 6012-601-7709
Fax: 606.281.8500
[email protected]

Southeast Asia

Vietnam

A young population, rising middle-class incomes and female labor force participation are driving Vietnamese consumerism. 42 percent of Vietnam’s population, which is estimated 91.6 million in 2014 and is growing by 1 percent annually, is under 25 years of age. Total U.S.-Vietnam bilateral trade has grown steadily from $1.5 billion in 2001 to $34.9 billion in 2014, making Vietnam one of the important trading partners and 12th largest destination for agricultural exports. Despite this amazing growth, doing business in Vietnam can be a challenge for exporters. At times, the maze of seemingly conflicting regulations may present a formidable barrier to trade, yet at the same time, the country is evolving and becoming more business-friendly in other respects.

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