Philip Falcone, founder of Harbinger Capital which is a principal investor in the US$4.2 billion Grand Ho Tram Strip in Ba Ria-Vung Tau province, believes U.S. investment will continue to grow in Vietnam as the government continues to implement tough but necessary reforms and takes further steps to ensure a level-playing field for foreign companies.
US had 838 investment projects worth over $10.2 billion in Vietnam as at May 20, placing it ninth among countries and territories investing in the country.