Vietnam’s textile industry is set to grow rapidly over the next 10 years as the Trans-Pacific Partnership trade agreement takes effect.
Vietnam has massive opportunities for attracting foreign direct investment, in particular, investment from the US.
Vietnam’s telecommunications industry has become the target of many large US firms.
Increased use of electronic payment products added US$880 million to Việt Nam’s Gross Domestic Product (GDP) from 2011 to 2015.
Many US financial institutions, from banks, auditing firms to investment funds and real estate firms, are present in Vietnam.
Vietnam’s leading pharmaceutical firms have announced high dividend payout rate for 2015.
Agricultural produce in Vietnam will face increasingly stiff competition from the EU as an expansive free trade agreement eliminates import tariffs.
Possibly the brightest economic star within the region is Vietnam, whose growing clout has been highlighted by a visit by US President.
Vietnamese businesses should be active in seeking information about markets to further penetrate into distribution systems abroad.
Ambassadors from ASEAN member countries were brought together at a workshop to exchange economic and investment cooperation with Egypt.
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