Vietnam remains an attractive destination for US investors

Many factors making Vietnam in general and Ho Chi Minh City in particular an attractive destination for US investors include the country’s strategic geographical location, young and technologically-savvy workforce, investment incentives and bilateral and multilateral trade deals. Alex Tatsis, Economic Section Chief at the US Consulate General in Ho Chi Minh City talked to Vietnam Economic News’ Ngoc Thuy.

Vietnam broadly and HCMC specifically remain an attractive destination for US investors due to its strategic location; young and tech-savvy workforce; positive approach to FDI; and broad network of free trade agreements.

US firms have played a significant role in HCMC’s economic development over the years. They have invested billions of dollars here, integrating HCMC into global supply chains, and creating high quality jobs.

As exciting view, People can see continued interest in US companies in coming to HCMC or expanding their footprint here, including in hi-tech manufacturing.

People also see great interest from US firms in areas like clean energy, healthcare, and smart cities technologies.

The US government is a committed partner in this effort. We are investing in HCMC’s education sector. These investments will help HCMC develop a globally competitive workforce to meet the needs of foreign investors. They will also help HCMC transition to a hi-tech, knowledge based economy.

Dong Du International Accounting & Legal Consulting Group Vietnam, A member of OneSMP Singapore, Southeast Asia Business Consulting Network, we specialize in accounting services, corporate tax advice, legal advice, business training, human resource consulting, product & market surveys…over 15 years up to now in the Vietnam market. Currently, we have also built a team of foreign experts from Japan, Singapore, Thailand, Cambodia … to help customers inside and outside Vietnam to expand appropriate business opportunities as well as possible.


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