During the seminar, experts agreed that the US Foreign Investment Act has opened up the market to allow for wholly owned foreign-invested companies with adequate safeguards to enforce those rights in American courts.
Hoang Kim Son, Head of Vietnam’s trade office in San Francisco emphasized that Vietnamese businesses should learn more about the laws, regulations and requirements of the US market to operate effectively, especially after the Trans-Pacific Partnership (TPP) agreement comes into effect.
Businesses should co-ordinate with Vietnam’s trade offices overseas to seek partners and business opportunities.
