Opportunities in Vietnam that were of interest to US investors were in semiconductors, the electronics industry, and renewable energy. In the economic field, Vietnam and the United States are among the leading partners of each other. Two-way trade turnover has increased more than 5-fold over the past 10 years, from 25 billion USD in 2012 to nearly 139 billion USD in 2022. With total registered capital of more than 11 billion USD, the country ranks 11th out of 141 countries and territories with foreign direct investment (FDI) in Vietnam. The remarkable development of the bilateral relationship between Vietnam and the United States, in which economic and trade relations are the mainstay, is a driving force for strong cooperation between the two sides.


Source:   Viet Nam News
August 05, 2023 14:02 UTC