Golden opportunities are awaiting Vietnamese businesses as the country actively engages in world trade liberalisation and economic integration and is thus becoming a highly attractive investment destination.

Assembling electronic panels.

The Trans-Pacific Partnership (TPP) pact and the free trade agreements (FTA) with the Customs Union of Russia, Belarus and Kazakhstan, for example, are expected to help Vietnamese businesses, especially small-and medium-sized ones, integrate deeper into the global supply chain.

The Association of Southeast Asian Nations (ASEAN) is also a promising market, assisting Vietnamese exporters in forming partnerships with other member states as well as countries with existing FTAs with the community, including Japan, China and the Republic of Korea. These ties will further be enhanced with the formation of the ASEAN Economic Community (AEC) slated for late 2015.

Big investment projects from multinational groups such as Samsung, Microsoft and Mitsubishi Heavy Industries are also seen as a golden opportunity for businesses to gain a stronger foothold in the global market.