Practice SIMON Associés SIMON Avocats Network International Team China Desk Team Lettre Chine International Network Algeria Argentina Armenia Azerbaijan Bahamas Bahrain Bangladesh Belgium Bolivia Brazil British Virgin Islands Bulgaria Cambodia Cameroon Chile China Colombia Costa Rica Cyprus Dominican Republic DR Congo Egypt El Salvador Estonia Greece Guatemala Honduras Hungary India Indonesia Iran Italy Ivory Coast Jordan Kazakhstan Kuwait Lebanon Luxembourg Madagascar Malta Mauritius Island Mexico Morocco Myanmar Nicaragua Oman Panama Paraguay Peru Portugal Qatar Senegal Singapore South Korea Switzerland Thailand Tunisia United Arab Emirates United States of America Uruguay Venezuela Vietnam Zimbabwe Our websites Search Reference work Africa Americas Asia Focus China Caspian Region Europe MENAP Medias Contact Newsletter
Simon International
simon associés simon associés
Home >International Network >Vietnam


The Socialist Republic of Vietnam is a South-East Asian country on the eastern side of the Indochinese Peninsula. Surrounded by Laos and Cambodia to the West and China to the North, it is bordered by the Chinese Sea, Gulf of Tonkin and Gulf of Thailand. Vietnam covers a total area of 331,212 sqkm with a population approaching 92.7 million people (source: World Bank, 2017).

The Vietnamese economy is highly dependent on the manufacturing sector (clothing and textile) as well as on the electronics sector. Exports represent a large part of its trade share. The signing of “strategic partnerships” is a central element of the Vietnamese foreign policy, which nowadays focuses on a dozen major partners.

France is the 2nd largest European investor and the 15th largest global investor in Vietnam by the end of 2018 with USD 3.7 billion of FDI in stock. Despite dynamic economic cooperation, bilateral trade remains in deficit for France (€4.2 billion): French exports to Vietnam amounted to €1.2 billion (-23.7%, compared to 2017), while imports from Vietnam (textiles and footwear, sports goods, mobile phones, etc.) reached €5.4 billion (+5.1% compared to 2017). There are nearly 300 French companies operating in the country, providing nearly 26,000 jobs (source: France Diplomatie, 2018).

In order to meet the needs of its customers on the Vietnamese market, Simon Associés has developed privileged relations with economic and legal partners locally.

Copyright ©2017 Simon International | Creation and realisation by Webcd©