The U.S. Commercial Service is the trade promotion arm of the U.S. Department of Commerce’s International Trade Administration. U.S. Commercial Service trade professionals in over 100 U.S. cities and in more than 75 countries help U.S. companies get started in exporting or increase sales to new global markets. *So far this year, we have helped American business achieve 6,400 export success stories.*
This is a featured video from the National Export Initiative Priority Markets series.
Vietnam
Download full video .mp4 (16MB)
Vietnam is a true emerging market, offering ground floor and growing opportunities for U.S. exporters and investors. Vietnam’s economic growth rate has been among the highest in the world, expanding at an average of 7.2 percent per year from 2001 to 2010. Since the 2001 Bilateral Trade Agreement, trade between the U.S. and Vietnam has increased over six-fold, from $2.9 billion in 2002 to $18.6 billion in 2010. In 2010, U.S. exports to Vietnam grew by 19.8 percent to $3.7 billion.
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Thank goodness for the U.S. Commercial Service trade professionals who help U.S. companies get started in selling to new global markets. 6,400 current export success stories? Very cool indeed.