Seeking untapped export opportunities? Then take a look at Vietnam.
From the U.S. National Export Initiative (NEI)
Vietnam is a true emerging market, offering ground floor and growing opportunities for U.S. exporters and investors. Vietnam’s economic growth rate has been among the highest in the world, expanding at an average of 7.2 percent per year from 2001 to 2010. Since the 2001 Bilateral Trade Agreement, trade between the U.S. and Vietnam has increased over six-fold, from $2.9 billion in 2002 to $18.6 billion in 2010. In 2010, U.S. exports to Vietnam grew by 19.8 percent to $3.7 billion.
For more information about Vietnam:
Brought to you by Ray Hays, Member Arizona District Export Council.
Ray Hays serves as an international consultant for businesses that wish to enter new global markets or expand current operations abroad.