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.)