After the Covid-19 pandemic with unremitting efforts, Vietnam has affirmed its capacity in all aspects with other countries, especially the capability to fight against Covid and quick return focus to business. Therefore, Vietnam is becoming an attractive investment destination for global investors including American companies. With the stable political situation, young and abundant human resources and commitment to investment facilitation from the Vietnam Government, it has become a great motivation for American investors to choose Vietnam as a safe and effective investment destination to expand business and set up company in Vietnam.
Many American eagles expressed their desire to invest and expand into Vietnam.pdf
1. Many American eagles expressed their desire to invest
and expand into Vietnam
After the Covid-19 pandemic with unremitting efforts, Vietnam has affirmed its capacity
in all aspects with other countries, especially the capability to fight against Covid and
quick return focus to business. Therefore, Vietnam is becoming an attractive investment
destination for global investors including American companies. With the stable political
situation, young and abundant human resources and commitment to investment
facilitation from the Vietnam Government, it has become a great motivation for
American investors to choose Vietnam as a safe and effective investment destination to
expand business and set up company in Vietnam.
On the occasion of Vietnam Prime Minister Pham Minh Chinh’s business trip to attend
the Special Summit to celebrate the 45th anniversary of ASEAN- America relations,
many big American enterprises such as Intel, Apple and Google have shared their desire
to expand the supply chain, cooperate in technology and move production to Vietnam by
coordinating with Vietnamese enterprises that have suitable capability to participate. This
is also considered a great opportunity for Vietnam to interact with the world’s leading
advanced economy to improve its labor capacity and is a potential market for workers to
learn and demonstrate their abilities.
2. Specifically, Apple wants the Vietnamese Government to continue to have preferential
policies to encourage high-tech American enterprises to develop business and invest in
Vietnam. On the other hand, Apple also affirmed that it will actively consider the Prime
Minister’s proposal on increasing the number of domestic suppliers and raising the rate of
using domestic services and goods higher in Apple products in the near future.
In addition, Intel also showed its interest in the Vietnamese market by emphasizing the
very important role of Vietnam and Vietnamese factories in Intel’s production chain.
Moreover, Intel also highly appreciates Vietnam’s infrastructure and human resources as
potential conditions for technology enterprises to continue to expand their operations.
Especially in today’s volatile world, Intel’s expansion of investment in Vietnam is a
strategic solution.
Currently, Microsoft is working with Vietnam’s Ministry of Information and
Communications to deploy digital skills programs both private and public sector, and
data science development in Vietnam. Accordingly, technology will help enhance
transparency and trust, prevent and fight corruption. Vietnam has a young population, a
dynamic country, ready to receive new technologies Microsoft wishes to strengthen
cooperation with Vietnam in the fields of digital transformation, ensuring network
security, helping Vietnam achieve the goal of reducing emissions to zero by 2050 and
contribute to helping Vietnam build a green economy, digital economy, and sustainable
development.
In addition, in order to attract foreign investment, the Prime Minister emphasized that the
“sincerity, trust and responsibility” stance, “harmonious benefits, shared risks” between
big American and Vietnamese enterprises will help the relationship between the parties is
stable and good. In addition, to implement the commitments it has joined, Vietnam is
continuing to build and perfect institutions suitable to Vietnam’s conditions and
circumstances. Moreover, the development of strategic infrastructure such as digital
transformation infrastructure, transport infrastructure, energy infrastructure, healthcare
infrastructure… will also be the focus of completion to attract foreign investors
to establish company inVietnam.
Besides, Vietnam continues to improve the open and stable business environment, and
effectively handle administrative procedures. In particular, digital transformation will
help reduce direct transactions, fight negativity, trouble, corruption, save time and costs
for people and businesses. Therefore, Vietnamese businesses need to innovate in both
capacity and organization to capture this opportunity well.
With highly professional staff and great experience in business in Vietnam, ANT
Lawyers – Law firm in Vietnam would like to support you to establish company in
Vietnam.