With about more than half of its population under 35 years old, combined with its abundant fertile land covered by the Mekong River and Red River deltas, Vietnam is a strong and competitive manufacturing hub in Southeast Asia.
Manufacturing remains one of the key drivers of Vietnam's economy, in addition to its rich seafood and agricultural exports. Vietnam’s per capita GDP growth since 1990 has been among the fastest in the world, averaging over 5% a yearly since 1990, and over 6% per year in the 2000s. Vietnam’s economy continued to strengthen in 2015, with estimated GDP growth rate of 6.7 percent for the whole year. Vietnam has boosted its international economic integration as it enters into more free trade agreements with the Eurasian Economic Union, the European Union, South Korea and the Trans-Pacific Partnership. The establishment of the ASEAN Economic Community is likely to create more opportunities for the country to integrate into regional and global economies.