Hastings Business Law Journal


Valerie Clemen


Positioned to become the newest member of the WTO later this year, Vietnam is an ever more appealing destination for foreign investors. In 2005 alone, the country received an impressive $5.8 billion in foreign investment. This note provides the essential information for any American business contemplating expansion into Vietnam. After a brief overview of modem Vietnam, this note delves into the major trade agreements between the United States and Vietnam and changes that are being made to make Vietnam a more comfortable environment for business. The final section deals with the risks that remain a part of doing business in Vietnam.