Vietnam Frontier-Märkte

Wirtschafts- und Branchenüberblick

Vietnam is a socialist-oriented market economy in Southeast Asia that has sustained average real GDP growth of approximately 6–8% per year over recent decades, driven by export-oriented manufacturing, electronics, textiles, footwear, and agriculture. The country has emerged as a major global manufacturing hub, particularly benefiting from supply-chain diversification away from China, attracting significant foreign direct investment. Key export partners include the United States, China, the European Union, South Korea, and Japan, with electronics and machinery comprising the largest share of exports. Vietnam's stock market is classified as a frontier/emerging market, with the Ho Chi Minh Stock Exchange (HOSE) as the primary exchange, dominated by the finance, real estate, and consumer staples sectors. The government continues to pursue Doi Moi-era reform policies, and the country is actively seeking an upgrade to emerging-market status from index providers such as FTSE Russell.

Schlüsselsektoren

📘 Alles über Vietnam →

Makro

BIP nominal, USD	$476.30B
BIP-Wachstum real, jährlich	7.1%
Inflation jährlich	3.6%
Bevölkerung Menschen	98.5M
BIP pro Kopf USD	$4,700
Marktkapitalisierung gesamt notiert, USD	$349.00B
Marktkapitalisierung / BIP	73.3%
Arbeitslosigkeit	2.2%
Börsennotierte Unternehmen	400
Börse	Ho Chi Minh Stock Exchange (HOSE)

Datenjahr: 2024. Quellen: National Statistics Office of Vietnam (GSO), World Bank, IMF World Economic Outlook (April 2026), CEIC Data, Macrotrends, FocusEconomics, Trading Economics, Ho Chi Minh Stock Exchange (HOSE), Wikipedia – Economy of Vietnam, VanEck, SimplyWall St.

Lokale Börse & Zugang

Börse	Ho Chi Minh Stock Exchange
Kürzel	HOSE
Website	www.hsx.vn
Währung	VND

Lokaler Brokerzugang

Foreign investors must open a securities trading account and a foreign indirect investment (FII) capital account at a licensed custodian bank in Vietnam. Direct brokerage access is available through local brokers such as SSI Securities, VNDirect, and HSC (Ho Chi Minh City Securities). International investors can also gain exposure via the US-listed VanEck Vietnam ETF (VNM). Foreign ownership limits (FOL) apply to most listed equities, typically capped at 49% of charter capital, though some companies have voted to raise or remove the cap. Pre-funding requirements for foreign investors have been progressively relaxed as Vietnam pursues an emerging-market index upgrade.

Globale Broker mit Zugang zu ausländischen Märkten

• Interactive Brokers — Direct access to 90+ markets worldwide, including many emerging exchanges.
• Saxo Bank — Multi-market access across Asia, Europe and the Middle East.
• Charles Schwab (Global) — Foreign ordinary shares on select markets; US-listed ADRs and ETFs.
• Fidelity International Trading — International stock trading on a number of developed and emerging markets.

Nur zur Orientierung aufgeführt – keine Empfehlung. Verfügbare Märkte, Gebühren und Anmeldebedingungen variieren je nach Broker und Wohnsitzland.

Umzug & Aufenthalt

Zugang für ausländische Investoren

Foreign nationals can obtain temporary residence cards (TRC) valid for 1–5 years linked to business registration or investment. Full permanent residency and citizenship pathways for foreigners are highly restricted under Vietnamese law. Foreign ownership of real estate is limited (50-year leasehold) and foreign ownership in listed companies is capped at 49% in most sectors (with some exceptions). Income tax for residents is progressive up to 35%; non-residents pay a flat 20% on Vietnam-sourced income.