Welcome to Viet Nam. A one-party Communist state, Viet Nam is fast becoming a firm favourite with tourists, expats and businesses. It is one of South East Asia’s fastest growing economies and lively emerging market full of potential.
What’s more, Viet Nam is open to investment, committed to growth and focused on becoming a developed nation by 2020.
If you’d like to find out more about this vibrant country and its opportunities, download our Viet Nam market guide on this page.
Here's a snapshot - you can find more detailed data in our guide.
|Export market ranking1||NZ's 20th largest export market|
|Free trade agreements||ASEAN Australia NZ Free Trade Agreement (AANZFTA)|
|Ease of Doing Business ranking2||82 of 190|
|Corruption Perceptions Index ranking3||113 of 176|
1 comtrade.un.org 2016
2 World Bank Ease of Doing Business 2017
3 Corruption Perceptions Index 2016
Getting to Viet Nam
Air New Zealand operates a seasonal direct service between Auckland and Ho Chi Minh City from June to October, three times a week. In addition, Singapore Airlines, Vietnam Airlines (via Australia), Malaysia Airlines, Hong Kong Airlines, and China Southern offer flight options. Flight time is around 13 hours.
When to visit
Viet Nam has several different climate zones. The north has four distinct seasons; the central area has a monsoon season between September and February; and the south is characterised by three seasons – rainy, cool and dry, and hot.
In addition, there are public holidays to consider, so it’s a good idea to check when Viet Nam’s national holidays are as some businesses may close over these periods.
Before you go, you should also check Safe Travel for travel advisories on Viet Nam.
To make the right impression, it’s a good idea to be aware of the cultural differences when visiting Viet Nam. Here are a couple of tips to keep in mind:
The concept of ‘face’
Respect is extremely important in Viet Nam. You should be aware of ‘giving face' (eg praise, acknowledgement, status) and 'saving face' (eg don't be directly confrontational in a group).
The art of business cards
You should always keep your business cards on you and, when you receive a card, take time to read the name and title of the person you’re meeting. It’s a sign of respect.
You can find more cultural tips in our guide on this page.
Getting the most out of your visit means hitting the ground running. Co-working is an excellent option if you’re staying put for more than a few days. Facilities vary, but typically you can expect a desk, and access to wifi, printer/scanner, tea/coffee and a lounge area. Some facilities may offer extended perks such as parking and on-site cafes. If you’re visiting the market solo, it also means the chance to work in the company of other like-minded business people and freelancers. Co-working spaces can be searched by city on Nomad List.
Connect with NZTE in Viet Nam
If you’re an NZTE customer and preparing to visit Viet Nam, please get in touch with your Customer Manager to discuss your plans and possible areas of assistance. If you don’t have a Customer Manager, contact our Advisor Team for more information.