Vietnam a world class investment destination - AmCham Vietnam

“Intel’s decision to invest in Vietnam is a 24-carat gold stamp of approval for Vietnam as a world class investment destination,” said Walter Blocker, Chairman of the American Chamber of Commerce in Vietnam, Ho Chi Minh City, and Managing Director of GANNON Vietnam.

He added that, “We are very, very pleased to join in welcoming Intel as an investor in Vietnam. In 2004, U.S.-related direct foreign direct investment (FDI) was over USD 500 million, bring the total to USD 2.6 billion dollars, so that U.S. companies were the leaders in FDI. The Bilateral Trade Agreement was directly responsible for that, and we look forward to another surge in U.S.-related FDI when Vietnam is successful in its efforts to join the World Trade Organization.”

“Like Intel Chairman Craig Barrett, we in AmCham Vietnam recognize the tremendous potential here: a country of over 80 million people, with youthful, educated, and disciplined work force, a government that is straight-forward and business-like in its dealings with investors, and a leader in the ASEAN region,” he said.

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