News Analysis Entering 2023, as the United States continues to impose various sanctions on China and American companies are accelerating their withdrawal from the country, Vietnam—a former foe during the Vietnam War—is receiving favorable gestures from the United States. A huge American business delegation that is about to visit Vietnam has attracted worldwide attention, making people more and more interested in this fast-growing Asian country—a southern neighbor of China. Observers have identified three key driving factors behind Vietnam’s quick rise: system reform, a strategic position in the Indo-Pacific economic landscape, and demographic advantages. US Businesses Bullish on Vietnam According to a Reuters report on March 17, more than 50 companies, including SpaceX, Netflix, and Boeing, will join a delegation organized by the U.S.-ASEAN Business Council to explore investment and trade opportunities in Vietnam....
Continue reading...
Continue reading...