Investment opportunities for Vietnamese businesses in US

SGGP
State Idaho of the US hopes that there will be many Vietnamese firms investing in the state, the state’s representative said at a meeting between its trade delegation and HCMC businesses.
 

Speaker of the Idaho House of Representatives Scott Bedke at a press conference in HCMC during a working visit to the city on November 13-16 (Photo: NLD)

Speaker of the Idaho House of Representatives Scott Bedke at a press conference in HCMC during a working visit to the city on November 13-16 (Photo: NLD)

The delegation was led by Speaker of the Idaho House of Representatives Scott Bedke to HCMC. That is the third business trip by the state to Vietnam for the last nine years.
A project with capital averaging US$500,000 and creating jobs for 10 workers will enjoy incentives, the representative said.
The trade delegation comprises 39 members including 14 enterprises from agricultural field.
For the last two years, Vietnamese firms have imported over 8,000 dairy cows from western states of the US including Idaho. Last year, the export turnover from Idaho to Vietnam reached $11.35 million, increasing 55 percent over the same period in 2015.




By THANH HAI – Translated by Hai Mien

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