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Vietnamese enterprises seek stronger partnerships with US at investment summit

Updated: 16:41, 13/05/2025

The visit and a series of bilateral meetings with US partners underscore Vietnam’s strong commitment to deepening trade and investment ties with the US, a comprehensive strategic partner and the world's leading economy.

An over-130-member delegation comprising representatives from more than 100 Vietnamese enterprises across diverse sectors are participating in the 11th Select USA Investment Summit, held in Maryland from May 11 to 14.

A delegation of Vietnamese enterprises across diverse sectors participate in the 11th Select USA Investment Summit in Maryland from May 11 to 14.

Among the Vietnamese participants were several major and reputable enterprises with strong ambitions to boost economic and investment ties with the US, including the Vietnam National Industry - Energy Group, Vietnam Maritime Corporation, Vietnam National Coal and Mineral Industries Holding Corporation, Vietnam Rubber Group, and FPT Corporation, among others.

The delegation took part in two key plenary sessions. The first facilitated direct engagement between business leaders and US state/regional economic development representatives.

Discussions focused on the advantages of doing business in the country, including its favourable investment climate, skilled workforce, technological leadership, local partnerships, and incentives.

The second plenum featured state governors' remarks on the US's technological competitiveness.

Participants discussed the deployment of artificial intelligence (AI), investment in emerging technologies, and how technology is helping attract foreign investment, boost the global competitiveness of the US, and support national security.

They agreed that the US continues to be one of the most dynamic and attractive investment markets globally.

Deputy Minister of Finance Cao Anh Tuan, who headed the Vietnamese delegation, told the Vietnam News Agency that the visit and a series of bilateral meetings with US partners underscore Vietnam’s strong commitment to deepening trade and investment ties with the US, a comprehensive strategic partner and the world's leading economy.

Through this summit, Vietnamese enterprises gain valuable opportunities to seek investment cooperation, especially in areas such as science and technology, digital transformation, energy industry, port and aviation infrastructure development, and various processing and manufacturing industries where the US holds significant advantages, Tuan noted.

According to him, attending the summit allows Vietnamese businesses to not only seek investment opportunities but also enhance cooperation between enterprises from both countries.

This helps deepen mutual understanding and practical collaboration, thereby contributing to the Vietnam – US comprehensive strategic partnership in a more substantive and result-oriented manner.

As part of the summit, organisers hosted a “Meet & Greet” session with Vietnamese businesses. At the event, Ashok Pinto, Executive Director of the Select USA Investment Summit 2025, expressed his appreciation for the Vietnamese business community’s interest in the US as an investment destination.

He encouraged firms to engage with the US Commercial Service in Vietnam for market insights and support, reaffirming Washington’s commitment to fostering a sustainable and equitable trade relationship with Vietnam.

Throughout the summit, Vietnamese enterprises had numerous opportunities to connect with US state and regional economic agencies, explore new investment avenues, consider expansion plans, and demonstrate their intent to contribute to job creation in the American market.

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