A Decade of Growth in US-Vietnam Investment

Ten years  after the US and Vietnam signed a bilateral trade agreement, trade between the two countries has grown from $2 billion to $19 billion, and more American companies are capitalizing on opportunities in Vietnam.

The US Commerce Department expects that to continue as the Obama Administration’s National Export Initiative aims to boost trade further with Vietnam and other priority markets. 

Although the lion’s share of trade between the two countries consists of Vietnamese exports to the US (its largest export market), the US intends to continue encouraging the relationship — largely because more than 500 US companies are present in Vietnam, having invested $5 billion there, including Ford, GE, Google, IBM, Intel, Microsoft, Manpower, and GM.  

More on the US-Vietnam investment climate

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