Key findings of the Global Business Barometer Vietnam 2024
- A majority of Austrian investors believe the business climate in Vietnam has remained the same in 2024, but they remain optimistic for 2025. Most investors expect order intakes, turnovers and capacity utilization to improve throughout the next 12 months.
- Labour costs and availablility remain pull factors. However, the lack of infrastructure, financing capacity and raw materials are persistent challenges.
- Bureaucracy and red tape remain key issues on the regulatory level, while political stability is still considered satisfactory.
- The Russia-Ukraine war is perceived as the greatest risk to the operations of Austrian investors in Vietnam, followed by protectionism and shifting trade flows.
- Judicial protection and involvement of ADVANTAGE AUSTRIA are key to enforce company interests in Vietnam, while the effectiveness of communication with local decision-makers has decreased in the eyes of Austrian investors.
To access the complete survey, please refer to the "Downloads" section.
