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Southeast Asia

Vietnam

EU Compliance · Geopolitical Risk · Sourcing Attractiveness

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EU Compliance

lower score = lower risk

5.2

Geopolitical Risk

lower score = lower risk

4.2

Sourcing Attractiveness

higher score = more attractive

5.9

Why these scores

EU Compliance, by dimension

Forced & child labour6
Worker rights & FOA7
OHS & audit transparency6
Food & product safety5
Environmental & regulatory6
Governance & anti-corruption6
Tariff & preferential access2
Non-tariff barriers4
Supply chain traceability5

1 = lowest risk · methodology & sources

Geopolitical Risk, by dimension

Geopolitical conflict4
Supplier concentration4
Climate & physical risk7
Sanctions exposure2
Policy continuity & property rights4

1 = lowest risk · methodology & sources

Attractiveness, by dimension

Labour cost competitiveness8
Supply base depth5
Logistics & infrastructure6
Workforce skills6
Scalability9
Ease of doing business5
Trade access & tariffs4
Sustainability baseline4
Innovation & IP7
Quality standards5

9 = most attractive · methodology & sources

Analyst scores, last reviewed June 2026; each dimension's sources and cadence are on its methodology page.

Data layers

The EU is Vietnam's #5 import source (world lens). Vietnam is the EU's #24 goods supplier.

Vietnam on the world stage

Vietnam$325.4bn total importsChina34.0% · $110.7bnRep. of Korea16.1% · $52.4bnASEAN-611.0% · $35.7bnJapan6.6% · $21.6bnOther Asia, nes5.7% · $18.4bnEU-274.6% · $14.9bnUS4.3% · $13.8bnUSA4.2% · $13.8bn

Total imports

$325.4bn

2023 annual

Total exports

$353.1bn

97 partners

#1 import source

China

34.0%

#1 export dest.

USA

27.5%

2023 annual, UN Comtrade (HS TOTAL, all partners). Line colour: coverage (exports/imports per partner).

Vietnam and the EU

EU imports from

€64.4bn

2.5% of extra-EU

EU exports to

€12.2bn

0.5% of extra-EU

EU supplier rank

EU's #24 supplier

EU trade balance

one-sided

coverage 0.19

2025 annual totals, Eurostat COMEXT. EU trade board →

Electricity & grid

National sources · carbon from Ember

Electricity costs →

Industrial

74

EUR/MWh

Consumer

90

EUR/MWh, all-in

Grid carbon

477

gCO₂e/kWh

Renewables

45%

of generation

Wholesale 68 EUR/MWh · regulated market

Power market

Transmission bottleneck

Market model

Single buyer (partial competitive generation)

Direct PPA

Allowed

grid access: limited

Reserve margin

Regulator

Not independent

Electricity Regulatory Authority of Vietnam (ERAV)

A single-buyer EVN and an underbuilt north–south 500 kV backbone cannot move a southern solar and wind boom to the load-heavy north, so Vietnam curtails clean power in the south while the north blacks out; retroactive…

Power markets: full layer →

Tracked infrastructure

16 gas plants

8.1 GW · 2 building

76 coal plants

27.2 GW · 7 building

79 wind farms

4.6 GW · 31 building

160 solar farms

13.0 GW · 4 building

52 hydro plants

14.7 GW · 3 building

6 steel plants

17,360 ktpa · 1 building

22 coal mines

capacity n/a

Operating assets tracked by Global Energy Monitor (CC BY 4.0); counts are tracked facilities, not exhaustive totals. Energy overview →

Metal mining

Tagged mines

14

none in the merged layer

Acid-drainage prone

1

high water-risk ore class

Main commodities

Aluminium, Other (poly)-metallic, Iron

Mine-water verifiability

Partial

Mekong River Commission monitoring + ASEAN Water Portal

Water risk is inferred from the ore class, not site measurements. Global mines: full layer →

Monitored ports (7)

Hai PhongDa NangQuy NhonNha TrangHo Chi Minh CityVung TauCan Tho

Source: IMF PortWatch. Port count reflects monitoring coverage, not economic significance.

Demographics

UN World Population Prospects 2024 · medium variant

ASEAN demographics →

Median age

32.9

→ 40.2 by 2050

Fertility

1.9

below replacement

Working-age

67.7%

aged 15–64

Old-age dep.

13.4

→ 31.7 by 2050

Median age 1990–2050

Population 101M · peaks 2049

By 2050: +9% (110M)

vietnam across this site