Centers of business in Vietnam

Vietnam attracts more and more foreign investors in these years. Getting to know about geography and history of a country is an essential part before one decides to invest their money into any business in that country. In this article we will introduce in brief about Vietnam geography as well as its business centers.

Vietnam Geography

Located in Southeast Asia on the east side of Indochina Peninsula, and bordered by Laos and Cambodia to west, China to the north, the Gulf of Thailand to the south. The Gulf of Tonkin and the South China Sea to the east, Vietnam is long and thin, with an area of 331,210 square kilometers. Vietnam is the 66th largest country in the world. There are low, flat deltas in south and north, central highlands and hilly, mountainous areas in the far north and northwest. There are three distinct regions; north, south and central in Vietnam country. Each region is characteristically divergent:

The North:

This is home to the capital, Hanoi. The north is known for its alpine peaks, the Red River Delta and enchanting Ha Long Bay. It has a diversity of ethnic minorities.

The Central:

This part includes the Central Highlands and the provinces of Dak Lak, Dak Nong, Gia Lai, Kon Tum and Lam Dong in which Da Nang is the commercial centre in the central part of Vietnam. This region also has a large population of ethnic minorities.

The South:

This part is divided into 3 distinctive areas: The coastal lowlands, the mountainous Central highlands and the Mekong River Delta. The nation’s commercial hub, Ho Chi Minh City, is located here, along with the growing delta city of Can Tho in Mekong Delta and the major port of Vung Tau.

Climate

The North of Vietnam:

There are 4 seasons in a year with a cold and humid winter from November to March and a warm, wet summer for the remainder of the year.

The Central of Vietnam

The Vietnam’s Northern provinces share a similar climate to the north, with temperatures ranging from 22-30°C.

The southern of Vietnam

The Southern provinces in Vietnam owns a tropical climate, which is generally warm. The hottest months are from March to May, with temperatures of 38-40°C. During these months, you will also notice heavy rainfall.

Centers of business in Vietnam

Ho Chi Minh City was formerly known as Saigon, Ho Chi Minh City (often abbreviated to HCMC) is the largest, the most dynamic city in Vietnam. Ho Chi Minh is situated in the South of the country, on the banks of the Saigon River and it is the most important economic centre of Vietnam. The city’s metropolitan area has a population of around ten million people. Mining, seafood processing, garments, footwear, agriculture products, construction, tourism, finance, high-tech, electronic, processing, agro-products and crude oil are major businesses of this city. Ho Chi Minh also attracts the biggest amount of expats in Vietnam.

Hanoi located on the right bank of the Red River to the North of the country, the capital city Hanoi has an estimated population of 9 million and is the second largest city in Vietnam. Being the capital with a long history of more than 1000 years of developments, Hanoi is so attractive to domestic tourists as well as international tourists. Tourism, finance and banking play important roles in Hanoi’s economy growth. The centre business districts are Hoan Kiem and surrounding areas and Trung Hoa Nhan Chinh in the south-west. Hanoi still keeps its ancient is largely unspoiled by modern architecture and is now going through a major industrialization and modernization process. The non state economic sectors are expanding fast, with more than 48,000 businesses currently operating under the Enterprise Law.

Bac Ninh province is the smallest province in Vietnam with the highest population density. Bac Ninh is Vietnam’s new industrial zone, located in the Red River delta to the east of Hanoi. It is just 30 km from Hanoi city and there are so many Korean, Japanese as well as Chinese factories in Vietnam. Among the factories, Canon, Sam Sung and other big factories are built here.

Da Nang – is a major port city in the South Central Coast of Vietnam. Strategically located on the route of the North-South Railway, it is an important transportation hub and the commercial and educational centre of Central Vietnam. There is a huge real-estate development along its famous coastal strip. Not only that, Da Nang attracts millions of tourists each year. Peaceful life, beautiful beaches, cheap but delicious seafood makes Da Nang known as a worth living city in Vietnam.

Need to get a business Vietnam visa or Vietnamese Resident Card in order to work long term in Vietnam, contact our consultants as below:

Website: vietnamvisavoa.com
Phone: +84969255515( Wechat/ Whatsapp/Viber)
Email: support@vietnamvisavoa.com