US-ASEAN Business Council a trusted partner of Vietnam: official
The US-ASEAN Business Council (USABC) will remain a reliable partner of Vietnam, affirmed USABC President and CEO Alexander C. Feldman at his working session with Minister-Chairman of the Vietnamese Government Office Mai Tien Dung in Washington DC on April 11 (local time).
Washington DC (VNA) – The US-ASEAN Business Council (USABC) will remaina reliable partner of Vietnam, affirmed USABC President and CEO Alexander C.Feldman at his working session with Minister-Chairman of the VietnameseGovernment Office Mai Tien Dung in Washington DC on April 11 (local time).
Feldman said he is interested in Vietnam’srole as it will become Chair of ASEAN in 2020 and hopes to contribute to thecountry’s success in this role.
According to him, the VietnameseGovernment’s policies to attract foreign investors, including those from theUS, have proved effective thus far.
He appreciated the Government’s efforts tosolve difficulties facing enterprises, especially revising Decree No.116 on automobileimports, dealing with issues related to e-payment and energy, and creatingfavourable conditions for US firms to study Vietnam’s investment environment.
Speaking at a roundtable discussion withleading officials from US companies such as ExxonMobil, Cheniere Energy, FedExExpress, Ford, Amazon, and Bayer, Dung shared that Vietnam is working toimprove the business climate in a substantive manner.
He said he is glad to hear that many majorUS enterprises are keen on Vietnam’s energy sector, as this issue has receivedspecial attention from the Government.
Christopher Smith – Senior Vice Presidentof Policy, Government, and Public Affairs at Cheniere Energy – said that theenergy company, primarily engaged in LNG-related businesses, has kept a closewatch on Vietnam for a long time, and is interested in information related tothe country’s energy development strategy which focuses on clean and renewableenergies.
Founder and Chairman of Energy CapitalVietnam David Lewis stated that his company will be attracting privateinvestments for energy projects in Vietnam. –VNA
Vietnam considers the US an important partner and is willing to bolster the bilateral ties in all fields, especially in economic cooperation, trade, investment, science-technology, and education and training, Deputy Prime Minister Vuong Dinh Hue has affirmed.
More than 50 leading US companies operating in different industries will arrive on March 12 to explore business opportunities in Vietnam, the US-ASEAN Business Council (USABC) has announced.
Politburo member and head of the Communist Party of Vietnam Central Committee’s Economic Commission Nguyen Van Binh has affirmed the important role of the US business community in boosting bilateral ties and promoting Vietnam’s development goals.
The US-ASEAN Business Council (USABC) has worked as an important bridge helping US firms invest in Vietnam and enhancing cooperation between the two nations, said Vice Chairman of the Vietnamese Natio
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.
Deputy PM Tran Hong Ha urged countries to work together to remove supply chain bottlenecks, expand market access, strengthen cooperation in smart customs procedures, mutually recognise technical standards, and eliminate unnecessary protectionist barriers to boost trade and investment.
The event has gathered over 400 exhibitors from 16 countries and territories, with more than 980 booths showcasing a wide range of products and technologies in automotive components, electronics, repair and maintenance, bodywork, accessories, and customisation.
The latest order follows Vietjet’s commitment for 20 additional A330neo aircraft last month, bringing the airline’s total widebody aircraft on order to 40.
Minister of Finance Nguyen Van Thang acknowledged the target represents an important milestone for socio-economic development as well as a demonstration of the country’s aspiration for robust economic growth.
The price of E5 RON92 petrol is now capped at 20,631 VND (0.79 USD) per litre, up 1,169 VND from the previous adjustment, while RON95-III costs no more than 21,244 VND per litre, up 1,277 VND.
While German consumers are familiar with Vietnamese products such as coffee, seafood, tea, and spices, many other quality items remain relatively unknown in the market. The Selgros event not only helped introduce Bac Giang lychee to German consumers but also provided them with the opportunity to experience other Vietnamese agricultural products.
The article by Cuba’s Inter Press Service detailed how Vietnamese private enterprise Agri VMA leased 1,000 ha of land in Los Palacios district, Cuba’s westernmost province of Pinar del Río, for rice cultivation over a three-year period. The project’s first harvest in 2025 recorded an impressive yield of 7.2 tonnes per hectare, far exceeding the local average of 1.6 tonnes.
Illustrative image (Source: VNA) 
