Extract from “TPP heralds US investors’ renewed interest in Vietnam: report”

Many US conglomerates like Nike and Mast Industries plan to move a major part of their manufacturing activities to Vietnam […] some like tech giants Microsoft and Intel have already made the move here from China, where labor costs have rapidly increased.

Around 57 percent of US companies operating in Southeast Asia consider Vietnam the most attractive investment destination [according to] a survey by the American Chamber of Commerce in Singapore.

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