On July 22, 2022, the Vietnam Government issued Decision 876/QD-TTg approving the Action Program for Transition to green energy transport until 2050. 

In Vietnam’s high growth medical device sector, in-country U.S. companies benefit from a new government decree extending current import licenses through 2024.

Exciting new developments in Vietnam cybersecurity sector have created more opportunities for U.S companies to export their products and services. 

Vietnam EV infrastructure is growing rapidly to meet increased demand for EV consumption, giving U.S. companies great potentiality in the market. 

U.S. cross-border information providers are subject to additional obligations under a Draft Decree on Internet services.

One of the most effective ways to promote U.S. schools and increase student recruitment in the Vietnam market is to work with local education agents.

The opportunities for U.S. energy companies in Vietnam as the country is transitioning to cleaner and smarter technologies.

 Vietnam aims to improve ports’ energy efficiency, use renewable energy sources, and apply national standards for its green port development plan by 2030. 

Waste-to-Energy is emerging as a major prospect for U.S. waste management companies to leverage and support Vietnam’s energy security and environment. 

The franchising model in Vietnam has expanded to more than 300 registered foreign brands in multiple sectors since its arrival in this country in the 1990s.

The education technology (EdTech) market in Vietnam has great potential and is accelerating in recent years.

Vietnam has been leading in solar power development in the ASEAN region. The solar power sector grew strongly, with a new capacity estimated at 17.6 GW in 2021.

Wind power is among Vietnam’s priorities in the clean energy transition. It is estimated that 8.6% of Vietnam’s land mass could be used for wind power. 

Vietnam is one of Asia’s fastest-growing energy markets. Vietnam expects power consumption to grow from 10% annually until 2030. 

Decree 53/2022/ND-CP elaborates on the data retention requirements for domestic and foreign enterprises.