BUYUSA.GOV -- U.S. Commercial Service

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Vietnam - Why? & When?

Why Vietnam?

What U.S. firms currently doing business in Vietnam say:

  • 77% believe the local economy will perform much better or better than last year.
  • Two-thirds (67%) expect to hire more Vietnamese employees this year.
  • 63% expect profit to increase this year; 82% expect profit to further increase in 2005.
  • 90% have no concerns about the safety of themselves and their families.

(source: American Chamber of Commerce in Vietnam's member survey.)

Why now?

  • U.S. - Vietnam Bilateral Trade Agreement (BTA) opens market to U.S. goods and services.
  • High regard for U.S. technology.
  • High name brand recognition for U.S. products.
  • Respect for U.S. business practices.
  • Growing infrastructure (demand for U.S. capital equipment and investment.)
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