Washington (VNA) - A forum on energy partnership between Vietnam and the US took pla♑ce in Washington DC on November 3.
Representatives from relevant US agencies, 40 US enterprises and 12 Vietnamese firms participated in the event. Their discussion revolved around capital sources and technological solutions for energy development.
A range of latest technologies applied in tidal power, energy-saving measures for buildings, and the smart battery system were presented.
Addressing the forum, Vietnamese Ambassador to the US Pham Quang Vinh said the two governments have worked closely at several forums concerning environmental issues and green energy, including APEC, EAS, and Mekong sub-region.
Giant US companies, such as Exxon Mobil, Murphy Oil, General Electric, and Westinghouse, are active in doing business in Vietnam, while US agencies, including the US Trade and Development Agency (USTDA) and the Overseas Private Investment Corporation (OPIC), have aided Vietnam in carrying out several energy projects.
Vinh urged US energy companies to assist Vietnam in expanding and modernising energy infrastructure, particularly amid favourable conditions created by the implementation of the Trans-Pacific Partnership, of which both nations are members.
Officials from the US Departments of State and Energy, and the USTDA acknowledged collaborative potentials in the field with Vietnam.
The US Department of Energy considers Vietnam an important partner in the fields of energy and sustainable growth at global forums, they said.
The USTDA said it has thus far sponsored 80 projects on developing infrastructure, diversifying energy sources and improving electricity distribution in Vietnam.
The forum was co-organised by the Vietnam Embassy and the Business Association of Overseas Vietnamese in the US.-VNA
An energy cooperation working group between the Vietnamese Ministry of Industry and Trade and Laos’ Ministry of Energy and Mines will be set up to promote connection between the two countries in the field.
Representatives of the governments of Vietnam and the United States have exchanged greeting messages on the occasion of the 20th anniversary of the two countries’ diplomatic ties (July 12).
Vietnamese and American distinctive food and cooking methods are at the centre of a social gathering held in Ho Chi Minh City’s Vietheritage restaurant on September 22.
The festival marks a significant milestone in promoting the brand, value, and legacy of traditional fish sauce - a product deeply rooted in the island’s identity and history spanning over 200 years.
According to Mastercard data, Vietnam has recorded a remarkable 92% compound annual growth rate (CAGR) in contactless transaction volume from Q4 2022 to Q4 2024.
Tuan expressed his confidence that LH, with its expertise and experience, would swiftly implement the urban area project, contributing to a modern urban landscape for the province.
With its strategic location, abundant workforce, and modern infrastructure, Vietnam holds significant potential to become a leading centre for power and electronics production in the region and the world.
The renewable energy workforce training and development centre, invested by Germany's GEO Group, is expected to be a cornerstone in shaping Binh Dinh as a renewable energy and innovation hub in central Vietnam, meeting the growing demand for skilled technical personnel in offshore wind, solar farms, and green hydrogen projects.
A notable trend is the shift toward satellite regions. With land scarcity and soaring prices in Ho Chi Minh City and Hanoi, investors are eyeing provinces like Hung Yen, Bac Ninh, and Hai Phong, which are benefiting from improved technical infrastructure and transport connectivity.
To further strengthen private-sector innovation, Bac Ninh plans to accelerate administrative reforms, build a digital, service-oriented government, and develop an integrated innovation ecosystem that connects businesses with domestic and international institutions, universities, and experts.
The participation of H&M, one of the world's largest fashion corporations, in Vietnam International Sourcing 2025 in Ho Chi Minh City in early September is considered a special highlight, opening up many cooperation opportunities for Vietnamese businesses in the fashion, textiles and sustainable supply chains.
This latest order builds on a previous agreement signed at the Singapore Airshow last year for 40 engines, bringing the total number of Trent 7000 engines ordered by the airline to 80.
Minister of Industry and Trade Nguyen Hong Dien acknowledged that despite concerted efforts by ministries and local authorities in combating fake and substandard goods, the situation remains highly complicated, attributing the persistent challenges to high profits luring numerous participants, increasingly sophisticated violations, limited resources within enforcement agencies.
The group also placed among the Top 5 energy companies in Southeast Asia and secured the top spot among the largest Vietnamese enterprises featured on the list.
The zone will cover 1,881 ha, comprising functional areas for production, logistics, trade and services, digital technology industry, information technology, and innovation.
Dung underlined several key objectives, including a comprehensive review of the legal framework governing SOEs, and called for updates that reflect international standards and support modern, transparent governance.
While the US market has become more difficult to access due to new tax policies, Australia could play the role of a trade cushion, helping to reduce shocks and maintain export momentum for Vietnam's shrimp industry.
Vietnam Cycle Expo 2025 will coincide with the Vietnam Sport Show 2025, an international exhibition on sports and outdoor entertainment, expected to attract more than 20,000 visitors in the three-day event.
Participants at the forum (Source: VNA)
