A red cap, American tears and Vietnam's economyVietnam's exports to the US in 2016VietNamNet Bridge - The ‘buy American, hire American’ campaign will affect Vietnam’s exports to the US as well as US FDI (foreign direct investment) to Vietnam. Alyssa Young, 28, from Texas, bought a red cap with the words ‘Make America Great Again’ from a vendor for $20, and when discovering that the cap was made in Vietnam, she burst into tears. But this will be pressure that urges the new US President to more resolutely implement the promise ‘American first’ with two basic principles ‘buy American and hire American’. The ‘buy American, hire American’ campaign will affect Vietnam’s exports to the US as well as US FDI (foreign direct investment) to Vietnam. “This means that any happenings in trade and investment in the globe will affect Vietnam's economy,” he concluded.

Source: VietNamNet News February 04, 2017 07:30 UTC