Many US enterprises are paying heed to, while others are planning expand their investments in Vietnam in such fields as infrastructure, energy, aviation, hi-technology and farm produce export-import, said US Consul General in Ho Chi Minh City Mary Tarnowka.
HCMCity (VNA) – Many US enterprises are paying heed to, while othersare planning expand their investments in Vietnam in such fields asinfrastructure, energy, aviation, hi-technology and farm produce export-import,said US Consul General in Ho Chi Minh City Mary Tarnowka.
At a workshop in HCM City on December 20,Tarnowka said US firms highly evaluate Vietnam’ efforts in reforming institutionsand administrative procedures, thereby creating an equal playground for foreignbusinesses, including those from the US.
Walter Blocker, a representative of the USCommerce Association in Vietnam, said US enterprises are actively supportingVietnamese partners in joining deeper into the global supply chains, thus improvingtheir productivity.
As Vietnam and the US have become leading tradepartners, Vietnam should focus on updating new technologies and improving thequality of products to meet the consumption demands of both countries, henoted.
Statistics showed that two-way trade betweenVietnam and the US increased nearly three folds within the last eight years,hitting 45 billion US at present.
Meanwhile, Vice Chairman of the Ho Chi Minh City People’sCommittee Le Thanh Liem said the city hopes to welcome more US investors, makingthe US one of the leading foreign investors in the southern metropolis.
According to the official, trade value betweenHCM City and the US exceeded 8 billion USD in 2016, up 60 percent against thefigure of 2012. The US now ranks 11th among 78 countries andterritories investing in HCM City.-VNA
Ambassador Pham Quang Vinh has had a meeting with Iowa State’s Governor Terry Branstad, during which the latter expressed his hope to further bolster all-round cooperation with Vietnam.
Deputy Prime Minister and Foreign Minister Pham Binh Minh and US Deputy Secretary of State Antony Blinken agreed on the need for Vietnam and the US to increase delegation exchanges and dialogues.
Vice President of the Vietnam - US Society Bui The Giang hosted a reception in Hanoi on November 4 for a delegation from the FFI who are on a fact-finding trip to Vietnam.
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 workshop (Source: VNA) 
