I. FDI from US companies in Vietnam
By the end of June of 2015, US investors ranked 7 among 103 foreign countries and territories in Vietnam with 742 existing projects worth 11.6 billion USD. However, this statistics do not fully show the investment from US because some of big US enterprises, namely Procter and Gamble, Chevron, ConocoPhillips, invest in Vietnam through other countries, such as: British Virgin Islands, Singapore, Hong Kong.
-By sector:
According to statistics, US investors had invested in 17 of 18 business sectors in Vietnam.
In particular, the field of real estate topped the list with 31 projects worth $6.7 billion US dollar in registered capital, accounting for 61.43 percent of total investment. In this sector, the projects of construction of hotels and resorts are 17 with 4.67 billion US dollar accounting for 42.3 percent of investment in real estate area.
The sector drawing the second-most attention from US investors is manufacturing and processing industries, with 326 projects worth a total $2.25 billion US dollar in registered capital, accounting for 20.3 percent of total investment.
- By forms of investment:
Firms managed by US investors in Vietnam mainly uses form of a 100-percent foreign-owned firm. With this form, US investors had 606 projects with $8.2 billion, accounting for 74.8% of total investment. The form of joint venture has 111 projects with 2.59 billion US dollars, accounting from 23.5 percent of total investment. The others are joint stock and business co-operation contract.
- By province:
Except projects of oil exploration, US investors have invested in 42 out of 63 provinces and cities in Vietnam, with investment focusing on large cities with better infrastructure development. The most are located in the southern cities of Vietnam, such as Ba Ria Vung Tau, Binh Duong, Ho Chi Minh City.
II. Investment from Vietnam firms in US
Until now, Vietnam has 127 projects investing in US, with total investment of 475.3 million US dollar. US ranked 7 among 66 countries and territories, where Vietnam firms do invest.
The current economic relationship between Vietnam and US is very optimistic. In coming years, it is forecasted that more and more US firms will do invest and business in Vietnam. It is because of some following reasons. Firstly, the Asean Economic Community will establish in the end of 2015 with a huge market of over 600 million customers. Secondly, with signing 10 FTAs in 2015, Vietnam will become the leading country in the region in global integration. It helps Vietnam have free trade with 55 partners. More importantly, 15 out of these 55 partners are members of G20. Additonally, the positive negotiation process in TPP will have good effect on the economic cooperation between Vietnam and US. Last but not least, the current visit of General Secretary Nguyen Phu Trong to US is the first visit of a General Secretary of the Vietnamese Communist Party to the US. It marks the 20th anniversary of the formal normalization of relations and seek stronger cooperation between two countries.