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Update news US investment
Emphasizing the significant investment potential in cloud computing infrastructure, Deputy Minister of Information and Communications Phan Tam highlighted opportunities for US cloud firms to establish regional-scale data centers in HCMC and Danang.
Many enterprises from the US are planning to make or expand investments in Vietnam, showing their intention to turn the Southeast Asian country into one of their important bases.
Many US large corporations have invested billions of dollars in Vietnam as they have seen the strong development of the economy.
Vietnam and the United States are seeking ways to increase their investment and trade ties, with the latter pledging to support the latter in education, training, and the energy transition.
Prime Minister Pham Minh Chinh on September 28 suggested the US-based global growth investor Warburg Pincus to further its effective coordination with Vietnamese agencies to increase long-term and sustainable investment in the Southeast Asian nation.
Investment capital from the US is expected to flow more strongly into the fields of digital economy, green energy, and healthcare.
Nike's supply chain in the South has fully recovered, while its supply chain in the North is trying to restore production and business.
As the United States and Vietnam celebrate 25 years of diplomatic relations, the partnership between the two is arguably at its strongest level, with growing trade and investment ties.
A delegation of Da Nang City People's Committee led by chairman Huynh Duc Tho is paying a visit to the US to call for investment.
VietNamNet Bridge - Many US financial institutions, from banks, auditing firms to investment funds and real estate firms, are present in Vietnam. However, insurance companies are the best-known names.
VietNamNet Bridge - Foreign investors see Vietnam as a safe country and an attractive destination of international capital flows, especially in the field of manufacturing and real estate.
VietNamNet Bridge – The world’s largest oil and gas group Exxonmobil based in the US has moved ahead with its $20 billion gas power project in the provinces of Quang Ngai and Quang Nam, a sign of a new investment wave from the US.
US$446 million allocated for IT industry; Vietnam imports 25,000 cars in H1; VNPT International opens rep. office in Cambodia; EU to check quality of bivalve molluscs in Vietnam; Newly-established businesses up 19.3%