Vietnam Us

Vietnam is shifting from attracting FDI to cooperating with foreign investors on a fair basis for mutual benefits.

They share the view that Vietnam remains among the most attractive market in Southeast Asia for those looking for stability and diversification of supply chains.

Vietnam is seeking the transfer of renewable energy technology and climate finance from the US.

The US remained Vietnam’s largest export market with a turnover of $77.7 billion, and China was the country’s largest import market with $82.1 billion.

The US and Vietnam have achieved enormous successes and expanded relations into all areas of cooperation – from political to strategic, economic and trade, citizen to citizen, and business to tourism

The US Department of Agriculture (USDA) noted the market is fond of fragrant rice from Vietnam, including the ST25, one of the world's best rice varieties.

The Vietnamese Government continues to exercise monetary policies to contain inflation, stabilize macro-economic conditions, and support economic recovery.

Vietnam is fast becoming a key production hub for major US tech firms.

Foreign resources are key for Vietnam in the process of building an independent and self-reliant economy.

The US IT company expects to help Vietnam build up digital skills for both private and state sectors, as well as develop data science.