Given uncertainties surrounding the US – China relations and the serious Covid-19 situations globally, Vietnam has become a logical choice in the eyes of investors.

This growth was supported by expansion in both the government and corporate bond segments, stated the ADB.

The US – Vietnam relations have witnessed steady progress over the past 25 years, ranging from politics, foreign policy, to economy and trade, among others.

A resurgence of Covid-19 in a number of countries across the world and geopolitical tensions between major powers continue to pose major risks to Vietnam’s economy.

These projects are expected to create 22,500 direct jobs and manufacture products that are supplied to Microsoft, Sony, Lenovo and Apple.

The issue was raised at a conference held between Vietnamese government agencies and major Japanese enterprises in Vietnam to address their issues.

Vietnam’s market share in US apparel imports is now equal to that of China, which was the largest supplier of products for fashion companies in the US just seven months ago.