Advertisement
YOU ARE HERE: LAT HomeCollectionsUnited States Foreign Investments Vietnam
IN THE NEWS

United States Foreign Investments Vietnam

FEATURED ARTICLES
BUSINESS
January 23, 1995 | Times Staff and Wire Reports
Citicorp Opens Branch: The largest U.S. banking company opened the facility two months after receiving approval from the State Bank of Vietnam. It is the first U.S. bank to offer full banking services in Vietnam since the Vietnam War.
ARTICLES BY DATE
NEWS
July 14, 2000 | JONATHAN PETERSON, TIMES STAFF WRITER
A quarter of a century after their war came to an end, the United States and Vietnam on Thursday launched a new era of normal economic ties with a trade deal that would grant Americans sweeping rights to do business in a land where they once shed blood, while giving Vietnamese much easier access to the rich U.S. marketplace.
Advertisement
BUSINESS
June 22, 1994 | From Times Staff and Wire Reports
Two U.S. Firms Plan Beach Resorts in Vietnam: BBI Investment Group of Chevy Chase, Md., and DeMatteis Construction Corp. of Elmont, N.Y. said they will build projects worth $380 million near Da Nang in Non Nuoc, also known as China Beach. BBI will build the bigger of the two--to consist of four hotels, a conference center and a golf course--as part of a joint venture with a Vietnamese partner. It will be the biggest investment so far by a foreign firm in Vietnam.
NEWS
March 25, 1998 | JIM MANN
The Clinton administration showed a few days ago that it is faster and has shiftier moves than Michael Jordan. Jordan, the world's most famous basketball player, has said that he will travel to Asia this summer to see firsthand how workers are treated at Nike factories in Vietnam and other countries. He decided to make this trip after seeing a flurry of reports about substandard working conditions in these countries. But last week, the U.S. government beat him to the punch.
BUSINESS
December 22, 1994 | From Times Staff and Wire Reports
Ford Expects to Build Plant in Vietnam: The auto maker said it will build the assembly plant near Hanoi. It said it plans to apply for a license from the government early next year and begin construction as soon as the license is approved, said Wayne Booker, Ford's executive vice president for international operations. Ford Motor Co.
BUSINESS
October 20, 1994 | From Times Staff and Wire Reports
Chrysler Plans Joint Venture in Vietnam: The auto maker, seeking to expand into new markets, said it hopes to build Jeeps, trucks and other vehicles in the country. The deal, expected to be formalized in a few months, would make Chrysler Corp. the first U.S. car maker to establish assembly operations in Vietnam, a relatively poor country with unknown potential.
NEWS
December 15, 1992 | JIM MANN, TIMES STAFF WRITER
The Bush Administration on Monday took the first major step in 17 years toward restoring American business links with Vietnam, clearing the way for U.S. firms to sign contracts and open offices in Hanoi. Administration officials said they hope to move even closer to normal relations before leaving office next month. The action, announced by White House Press Secretary Marlin Fitzwater, keeps the U.S.
NEWS
December 19, 1997 | DAVID LAMB, TIMES STAFF WRITER
Ten months ago, the new U.S. ambassador to Vietnam told American businesspeople here that one of his top priorities was getting a key obstacle to normalized economic relations between Vietnam and the United States lifted by year's end. On hearing Ambassador Douglas "Pete" Peterson's comment, one businessman rolled his eyes and muttered, "Wait until he hits reality." On Thursday, the beleaguered U.S.
BUSINESS
September 7, 1995 | Times Staff and Wire Reports
Ford, Chrysler Get Go Ahead to Build Vietnam Plants: The Vietnam government has approved the auto maker's proposal to build a small assembly plant near Hanoi, Ford Motor Co. Chairman Alex Trotman said. Trotman emphasized the growth potential in the Asian automotive markets in making the announcement that Ford's application had been approved for the factory. The chairman said the plant would eventually produce between 25,000 and 50,000 vehicles a year. Separately, Chrysler Corp.
NEWS
July 12, 1995 | CHARLES P. WALLACE, TIMES STAFF WRITER
At the Polite Pub, at least, President Clinton is a hero. "I think it was an excellent decision to normalize relations with Vietnam, and American business has been waiting for this a long, long time," Frank Kufrovich, president of a Calabasas-based investment fund, said over the din of the noisy bar here.
NEWS
May 29, 1995 | JIM MANN
What is about to happen in Vietnam will give new meaning to the idea that history is full of irony. For three decades, Vietnam's Communist leaders fought one of history's most successful, determined and bloody guerrilla wars, at an astounding cost of about 3 million lives. At the time, the goal was not only to win national independence but also to free the economy from foreign domination and the supposed evils of capitalism. Now, in 1995, what do the new leaders of Hanoi want most of all?
BUSINESS
April 30, 1995 | EVELYN IRITANI, TIMES STAFF WRITER
Vietnam's economic progress can be measured by the usual dry economic statistics. Or it can be measured as it is by Canadian economist Geoffrey Hainsworth--by what causes the trauma that enters the emergency room at Hanoi's biggest hospital. When Hainsworth first visited Vietnam in 1989, the emergency ward was filled with pedestrians run down by bicyclists. A couple of years later, the casualties were bicyclists struck by motorcyclists. Then it was motorcyclists colliding with taxis.
BUSINESS
March 6, 1995 | Times Staff and Wire Reports
Chrysler Hopes to Open Car Plant: The auto maker plans to seek government approval for its first car assembly operation there by the end of next month, a company representative said. The company hopes to make as many as 17,000 vehicles a year at a factory to be built in southern Vietnam, said Vance Peacock, director for Chrysler Corp.'s Vietnamese operations. The plant is expected to open in 1997, Peacock said. The venture would make Chrysler the second U.S. auto firm to enter the market.
Los Angeles Times Articles
|