Hortex Vietnam: the trade show
HortEx Vietnam is the first specialised exhibition and conference for Horticultural and Floricultural Production and Processing Technology in Vietnam. Vietnam is a huge emerging market with a population of nearly 99 million. Vietnam has been securing socio-political stability, and is known to be one of the most dynamic economies worldwide. Since 1991 the economic growth has averaged a stunning 7.5% each year.
Vietnam is now in a period of golden population structure with 60% of its population being at working age. Furthermore, the country is a market economy, a member of the WTO, and a party to multiple frameworks for international economic integration, including free trade agreements with partners both within and outside the region.
The IMF recently lifted the growth rate forecast for Vietnam by a full percentage point to 7% for 2022 and 6.7% for 2023. In addition, Vietnam is among nine nations in the world with the fastest growing middle-class in the coming decade. By 2030 Vietnam is expected to add 36 million people to its middle class. With these figures Vietnam is by far the fastest growing economy in the ASEAN (Association of Southeast Asian Nations) region.
