US firms push ahead with investment plans in Vietnam
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.
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Intel has invested $1.5 billion into Vietnam so far, including the last announced investment of $475 million in January 2021.
The United States Department of Treasury has continued to exclude Vietnam from its current semi-annual report on the macroeconomic and foreign exchange policies of the United States' key trading partners.
According to the Ministry of Industry and Trade, the two-way trade turnover between Vietnam and China is expected to surpass $140 billion in the first ten months of 2023.
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.
HCM City is carrying out a survey of more than 15,000 firms, cooperatives, and business households as part of its 2023 Department and District Competitiveness Index (DDCI).
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