The Vietnamese economy grew at an average rate of 8.7% p.a. between 2008 and 2018. Since the 1980s the economy has transitioned rapidly from a poorly performing centrally planned communist marketplace to a dynamic, export-oriented, rapidly modernising entity. Throughout the last decade the economy of Vietnam has experienced good growth, with the rate of GDP growth not dropping below 5% in any given year.
Industrial production (as measured by IPI) has also experienced good growth over the last decade. There have been a few years of double digit growth, growth has slowed in recent years but was still at a high of 10.6% in 2018.
Within the 2018-2023 timeframe, gasworld business intelligence predict growth from 11.7% p.a. in a low scenario to 14.9% p.a. in a high scenario. Accordingly, the industry in Vietnam is expected to achieve revenues of between $360m to $413m by 2023.
Report Data: 2018
Each report contains a 10-year history and 5-year forecast of the respective gas markets.
- Industrial gas supply structure
- Companies operating within each country
- Market structure in terms of demand for gases
- Macro-economic influences and drivers
- Future market forecasts
- Investment potential
Cost: $3100 USD