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    Vietnam

    Tier 1
    Southeast Asia · #46 of 117 markets · IEPA 2024 (final) · 2026 current estimate available
    59.3▲ +1.5 YoY
    ●●●0.91IEPA COMPOSITE

    Vietnam scores 59.3 out of 100 on the IEPA (2024 edition), ranking #46 of 117 economies. That is up 1.5 points on the year before. Its strongest zone is FDI Accelerator at 67.6. Its binding constraint, the lowest-scoring of its six zones, is Alignment at 44.4. How the IEPA works →

    SIX FACTORS · CLICK ANY SCORE FOR ITS EVIDENCE
    IEPA TRAJECTORY · 2010–2026
    2010201220142016201820202022202420264851545760
    CAPITAL FLOWS · FDI NET INFLOWS % OF GDP
    2010201120122013201420152016201720182019202020212022202402468
    IE FDI intelligence · synced weekly
    PRODUCTIVE CAPABILITY
    IE COMPLEXITY LAYER · VINTAGE 2024
    #44of 145 ranked economies▲ 26 places since 2010
    How much productive know-how this market has demonstrated, read from the range and rarity of what it makes competitively.
    2010201120122013201420152016201720182019202020212022202320244350576471
    CAPABILITY RANK · HIGHER IS BETTER
    5.52% / yr
    Implied growth
    Annual growth the current capability base points to.
    239
    Diversity
    Distinct products made at competitive scale.
    +0.67
    Capability score
    Standardized: 0 is the world average.
    +0.87
    Outlook
    Value of the new products within reach of what it already does.
    INDUSTRY STRENGTHS · REVEALED FROM TRADE EVIDENCE
    VINTAGE 2022-2024
    POSITION IN THE PRODUCT SPACE
    IE COMPLEXITY LAYER · VINTAGE 2024
    Textile Apparel and Accessories37 of 50 made · 92% of the rest within reach
    Electronic and Electrical Goods31 of 73 made · 67% of the rest within reach
    Textile and Home Goods25 of 78 made · 74% of the rest within reach
    Construction, Building, and Home Supplies19 of 104 made · 40% of the rest within reach
    Agriculture27 of 200 made · 39% of the rest within reach
    Metalworking and Electrical Machinery and Parts14 of 155 made · 35% of the rest within reach
    Industrial Chemicals and Metals12 of 157 made · 24% of the rest within reach
    Minerals3 of 48 made · 38% of the rest within reach
    MADE COMPETITIVELYONE STEP AWAY
    Widest opening is Textile and Home Goods. This market makes 32% of that cluster today, and 74% of what it does not make sits one step from something it already does.
    Industrial Chemicals and Metals is the furthest: 8% made, and only 24% of the rest is within one step. A move there means building capability rather than extending it.
    READ ON THE 168 OF 239 COMPETITIVE PRODUCTS THAT CARRY A POSITION IN THE CAPABILITY MAP
    POSITIONED TO BUILD NEXT
    IE COMPLEXITY LAYER · VINTAGE 2024
    Frames for spectacles, goggles$6B world market
    Electronics & SemiconductorsOPENS 0.29 · COMPLEXITY +0.85
    Bicycles$7B world market
    Automotive & MobilityOPENS 0.25 · COMPLEXITY +0.37
    Electrical capacitors$27B world market
    Electronics & SemiconductorsOPENS 0.24 · COMPLEXITY +1.16
    Brooms and mops$12B world market
    Consumer Goods & RetailOPENS 0.22 · COMPLEXITY +0.15
    Lamps$62B world market
    Wood, Paper & FurnitureOPENS 0.21 · COMPLEXITY +0.61
    Copper foil < 0.15 mm thick$6B world market
    Mining, Metals & MaterialsOPENS 0.17 · COMPLEXITY -1.12
    THE NEAREST OPTIONS AMONG 369 PRODUCTS ASSESSED · RANKED BY HOW MUCH EACH OPENS UP NEXT
    ECOSYSTEM DENSITY
    IE Ecosystem Registry · 2026-07-17
    514organizations indexed across 8 types · 508 mapped
    Universities & research bodies
    221
    SEZ authorities
    94
    Fab labs & makerspaces
    83
    Health research
    47
    Government bodies
    34
    Research organizations
    27
    Corporate R&D
    7
    Science & tech parks
    1
    Universities, corporate R&D, government bodies, incubators, accelerators, science parks, and special economic zones, indexed today.Explore the directory →
    ORGANIZATIONS
    a sample of 514 indexed
    Saigon Hi-Tech Park
    Science & tech parks · Tang Nhon Phu Ward
    Van Phong Economic Zone
    SEZ authorities · Ho Chi Minh City · 2006
    Vsip Ii Industrial Zone
    SEZ authorities · Ho Chi Minh City · 2006
    National Center for Technological Progress
    Universities & research bodies · Hanoi · 1984
    National Institute of Animal Sciences
    Universities & research bodies · Hanoi · 1952
    Vingroup (Vietnam)
    Corporate R&D · Hanoi · 1993
    Vietnam Posts and Telecommunications Group (Vietnam)
    Corporate R&D · Ho Chi Minh City · 2006
    Cat Tien National Park
    Research organizations · Biên Hòa · 1992
    Hagar International
    Research organizations · Hanoi · 2009
    Tien Giang General Hospital
    Health research · Mỹ Tho
    Baoson Hospital
    Health research · Đống Đa · 2015
    THPT_Chuyen_Cao_Bang
    Fab labs & makerspaces · Cao Bằng
    Members get the full directory, filters, and exports.See all 514 organizations →

    Vietnam: common questions

    What is Vietnam's IEPA score?
    Vietnam scores 59.3 out of 100 on the IEPA, 2024 edition, which ranks it #46 of 117 economies.
    What is Vietnam's strongest zone?
    FDI Accelerator, at 67.6. The six zones are scored separately, so a market's strengths stay visible instead of being averaged away.
    What is holding Vietnam back?
    Its binding constraint is Alignment, at 44.4, the lowest of its six zones. The IEPA reports every zone separately so the constraint stays visible instead of being averaged into the composite.
    How does Vietnam compare with its peers?
    The closest scored peers are Thailand (58.4), Saudi Arabia (59.8), Turkey (52.0), Morocco (51.5).
    What is the IEPA?
    The Innovation Ecosystem Prosperity Assessment (IEPA) scores economies across six zones: innovation capacity, entrepreneurship capacity, resilience, alignment, the FDI accelerator, and prosperity outcomes. Every score carries a confidence band and traces to the evidence behind it.
    Run the full diagnostic →Talk to IE about Vietnam →