Vietnam and the U.S. have seen bilateral trade surge 248 times since the two countries normalized ties in 1995, with garment products and electronics the main trade categories.
A pre-feasibility study report envisages work beginning on the expressway between industrial hub Bien Hoa and beach town Vung Tau in 2023 and completed in 2025.
HCMC’s economy is recovering from the impacts of Covid-19 with its tax revenues rising by 9 percent year-on-year and GDP again growing after shrinking for two quarters.
Covid-19 forced Vietnam to close its borders from March 2020, which wreaked havoc on tourism revenues. But there have been high hopes as the country reopened from March 15.
People infected with the Omicron variant of Covid often have sore throat and headache, with Delta loss of smell, while flu and the common cold cause a lot of coughing.
Vietnam will fully reopen inbound tourism from March 15 after nearly two years. Most restrictions will be lifted, but there are some requirements to keep in mind.