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.

Published: 2020
Report Data: 2019

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

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