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Business

Overview

Since entry into force of the U.S.-Vietnam bilateral trade agreement in 2001, trade between the two countries and U.S. investment in V🦋ietnam have grown dramatically. The United States and Vietnam have concluded a trade and investment framework agreement; they also have signed textile, air transport, customs, and maritime agreements. U.S. exports to Vietnam include machinery, computers and electronics, yarn/fabric, agricultural products, and vehicles. U.S. imports from Vietnam include apparel, footwear, furniture and bedding, agricultural products, seafood, and electrical machinery. U.S.-Vietnam bilateral trade has grown from $451 million in 1995 to nearly $113 billion in 2021. U.S. goods exports to Vietnam were worth over $10 billion in 2020, and U.S. goods imports in 2020 were worth $79.6 billion.

Contact Us

U.S. Embassy Hanoi:
Phone: estrela bet:+84-24-3850-5000
Fax: +84-24-3850-5010

U.S. Consulate General Ho Chi Minh City:
Phone: estrela bet:+84-28-3520-4200
Fax: +84-28-3520-4244

The U.S. Commercial Service (CS), part of the U.S. Department of Commerce’s International Trade Administration, offers companies a full range of expertise in international trade. Companies can find assistance locally in more than 100 U.S. Commercial Service offices nationwide and in more than 70 international offices.
The Foreign Agricultural Service (FAS) links U.S. agriculture to the world to enhance export opportunities and global food security. In addition to its Washington, D.C. staff, FAS has a global network of 98 offices covering 177 countries. These offices are staffed by agricultural attachés and locally hired agricultural experts who are the eyes, ears, and voice for U.S. agriculture around the world. FAS staff identify problems, provide practical solutions, and work to advance opportunities for U.S. agriculture and support U.S. foreign policy around the globe.
These reports on market conditions, opportunities, regulations, and business customs prepared at U.S. Embassies worldwide by the Department of Commerce Department, Department of State, and other U.S. agencies’ professionals.
International Trade Administration logo
The U.S. Department of State’s Investment Climate Statements provide country-specific information on the business climates of more than 170 countries and economies. They are prepared by economic officers stationed in embassies and posts around the world and analyze a variety of economies that are or could be markets for U.S. businesses of all sizes.
In 1985, the Overseas Security Advisory Council (OSAC), a joint venture between the Department of State and the U.S. private sector, created by then Secretary of State George P. Shultz under the Federal Advisory Committee Act to interact on overseas security problems of mutual concern. Objectives of this joint venture are: to establish a continuing liaison between security officials in both the private and public sector; to provide for regular exchanges of information concerning developments in the overseas security environment; recommend methods for planning and implementation of security programs abroad; and recommend methods to mitigate risks to American private sector interests worldwide. These objectives remain in the current OSAC Charter.

Additional Resources

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