Vietnam to Ensure Favorable Conditions for US Investment

May 2019

US companies are guaranteed to have the most favorable conditions to invest and do business in Vietnam, said Deputy Prime Minister Trinh Dinh Dung at the 2019 US – Vietnam Business Summit. This was co-organized by the Vietnam Chamber of Commerce and Industry (VCCI), American Chamber of Commerce (Amcham) and the US Chamber of Commerce (USCC) in Hanoi for celebrating 25 years trade and investment between the two countries.

Vietnam has become an attractive destination to foreign investors due to its young and dynamic labor force, political and social stability, as well as the Government’s efforts of reforms and international integration.

Investments from the US have been playing significant roles in Vietnam economic development. Currently, there are around 900 US projects in Vietnam with total capital more than USD 9 billion. American investors are particularly keen on partnering with Vietnam in the digital economy area.

(Source: Vietnam News)

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