APEC 2023 opens up investment opportunities for Vietnam, US firms
President Vo Van Thuong’s trip to the US for the APEC Leaders’ Week and bilateral activities from November 14-17 is expected to open up many investment opportunities for businesses of the two countries in the time ahead.
At an investment promotion forum in the US. (Photo: VNA)
Washington D.C. (VNA) – President VoVan Thuong’s trip to the US for the APEC Leaders’ Week and bilateral activitiesfrom November 14-17 is expected to open up many investment opportunities forbusinesses of the two countries in the time ahead.
Ted Osius, former US Ambassador to Vietnam andPresident of the US-ASEAN Business Council, held that there are no limits inthe Vietnam-US relations, and expressed his belief that the bilateral trade andeconomic ties as well as people-to-people exchanges will be reinforced anddeepened in the coming time.
US Ambassador to Vietnam Marc Knapper emphasised that cooperationpotential between the two countries remains huge, particularly in aviationinfrastructure and seaports.
US firms have also commended Vietnam’s economic developmentpotential, and noted their hope for more business opportunities in theSoutheast Asian nation. They have proposed the areas that need to be improvedto help Vietnam attract more foreign investment.
President and CEO of the USSemiconductor Industry Association (SIA) John Neuffer spoke highly of Vietnam’spolicies on high-tech and the semiconductor industry, and suggested the countrysoon take specific steps to lure US capital flows to the field.
Within the framework of Thuong’s trip, some localitieslike Ho Chi Minh City and Hung Yen organised investment promotion conferenceson green growth, high-tech, carbon emission reduction and agriculturalconsumption, drawing the participation of US enterprises.
Chairman of the HCM City People’sCommittee Phan Van Mai told the Vietnam News Agency that US firms showedtheir interest in investing in Vietnam and its southern metropolis inparticular.
Chairman of the Hung Yen provincePeople’s Committee Tran Quoc Van said Hung Yen signed cooperation agreementswith four US partners in semiconductor, high-tech, agricultural consumption andwaste treatment on this occasion.
The President’s trip has contributedto materialising the joint statement on the establishment of the Vietnam-US comprehensivestrategic partnership, and promoting collaboration in high-tech and greeneconomy, as well as connectivity between localities./.
President Vo Van Thuong called on the businesses community to continue accompanying States in fulfilling commitments to sustainable development and pursuing long-term socio-economic and environmental goals, while addressing the APEC CEO Summit 2023, which is taking place in San Francisco from November 14-16 (local time).
State President Vo Van Thuong is in the United States for Asia-Pacific Economic Cooperation (APEC) Leaders' Meeting 2023 and bilateral activities in the country.
All members of the Asia-Pacific Economic Cooperation (APEC) have highly valued Vietnam’s practical and constructive contributions to the forum over the last more than two decades while attending the APEC Economic Leaders’ Week 2023, said Minister of Foreign Affairs Bui Thanh Son.
A key change in the draft decree is a provision requiring bank transfers for gold transactions valued at 20 million VND (765 USD) and above, to enhance transparency and verify customer identities.
In the first four months of 2025, trade turnover between Vietnam and Cambodia surpassed 3 billion USD, marking a 7% increase compared to the same period in 2024.
On June 19 alone, a total of 2,005 trucks completed customs clearance at Lang Son’s border gates — the highest single-day figure ever recorded in the province. Of these, 634 carried exports and 1,371 imports.
The OECD Economic Surveys: Vietnam 2025 report focuses on analysing the country’s macroeconomic fundamentals, the impact of international integration on attracting foreign investment and trade, and the country’s prospects for developing a low-carbon economy.
Antoine Colin, Senior Vice President for Global Supply Chain Digital Transformation & Resilience at HP Inc., affirmed HP’s strategic commitment to building a supply chain and ecosystem in Vietnam and the region.
Deputy Director General of the Ministry of Industry and Trade (MoIT)’s Trade Promotion Agency Bui Quang Hung emphasised that logistics has evolved from a technical function into a core capability for Vietnamese exporters to maintain their competitive advantage in the US market.
A trade official has suggested companies work closely with shipping lines, airlines, and freight forwarders to monitor routes, transit times, and potential surcharges while exploring broader cargo insurance to cover risks like war and terrorism.
In addition to institutional reform, the agency is also rolling out key solution groups to combat counterfeit goods, imitations, and intellectual property infringements in the digital environment.
The event, co-organised by the Vietnam Trade Office in the UK and TT Meridian, a local importer of Vietnamese fresh produce, aims to build a national lychee brand and encourage broader recognition of Vietnamese fruits in a competitive, high-end market.
The industry's performance has been powered by bold investments in modern production lines, enabling Vietnamese firms to produce complicated products which were exclusive to advanced economies.
Outcomes of ABAC III will shape ABAC’s final policy recommendations to be submitted to the ABAC-APEC leaders’ dialogue, scheduled to take place in the Republic of Korea this November.
This is the second year the magazine has released the ranking, which is based on total revenue and key financial indicators of enterprises from seven countries in the region: Vietnam, Indonesia, Thailand, Malaysia, Singapore, the Philippines, and Cambodia.
At the summit, publishing, tech, and media sectors will discuss emerging trends, business models, and sustainable solutions for digital publishing development in Vietnam.
This year’s “Vietnam Goods Week” marks a significant milestone as it is being held simultaneously for the first time in four locations across Asia: Japan, Hong Kong (China), Cambodia, and Malaysia, from June 19 - 22.
According to NordCham Vietnam Chairman Thue Quist Thomasen, the Vietnamese Government’s commitment to achieving net-zero emissions by 2050 is both a challenge and an opportunity for businesses to contribute to green and sustainable growth.
The analysis from an investment perspective shows that the economy’s growth has been heavily capital‑driven, yet efficiency remains low as reflected by Vietnam’s Incremental Capital-Output Ratio (ICOR) being significantly higher than global and regional averages. This underscores the imperative to enhance capital‑use efficiency.
At an investment promotion forum in the US. (Photo: VNA) 
