WashingtonD.C., (VNA) – Vietnam rema💖ins an attractive destination for USinvestor𒈔s in the Indo-Pacific, heard a webinar recently held by The AsiaGroup.
The event aimed to share business opportunities and updates on thefight against COVID-19 and economic prospects in Vietnam, drawing over 40executives and representatives from US firms in the fields of energy, finance,technology, manufacturing such as Blackstone Group, Google, Facebook, Ford, UPSand Walmart. Speaking at the event, Vietnamese Ambassador to the US Ha KimNgoc highlighted Vietnam’s economic achievements, and informed participants about the country's incentives inforeign direct investment (FDI) attraction. He underscored the Vietnamese Government’s determination toselectively attract FDI and strengthen Vietnam’s role in restructuring the globalsupply chain. As for the US investors, the active development of the Vietnam –US comprehensive partnership and Vietnam’s network of free trade agreements areconducive to their activities in the country, he said.
Vietnam is ready to hold constructive dialogues, deal withdifficulties and ensure a stable business environment for US enterprises, headded.
According to the ambassador, the Vietnamese Government has been exertingutmost efforts to effe♈ctively fight the pandemic, maintain important supplychains and create favourable conditions for economic development.
He thanked the US administration, people and business communityfor supporting Vietnam, especially the delivery of two batches of five millionModerna vaccines. Ngoc also suggested US businesses continue helping Vietnamaccess more vaccines, medical supplies and COVID-19 medicines, thus contributingto Vietnam’s economic development. On the occasion, he also highly valued the US firms’ support for Vietnam regarding the currency valuation investigation, and asked for their continued backing in the case related to timber so as to maintain trade and investment growth for thebenefit of both sides.
Participants at the event expressed their trust in Vietnam’sdetermination and efforts against the pandemic. They vowed to continuepartnering with Vietnam in the joint effort.
Several firms expressed interest in specific 🐷issues such as addressingdifferences in digital trade, and considering a direct flight between the tw🎃onations.
They wished that the Vietnamese Embassy in the US will continueserving as a bridge to collect recommendations and feedback while raising understanding about Vietnamamong the US business community./.
US Secretary of Defence Lloyd Austin is on an official visit to Vietnam on July 28 and 29 at the invitation of Vietnamese Minister of National Defence General Phan Van Giang.
The European-American Market Department under the Ministry of Industry and Trade (MoIT) announced that the Office of the United States Trade Representative (USTR) has issued a formal conclusion of the investigation under Section 301 of the 1974 Trade Act into the acts, policies and practices of Vietnam related to the valuation of Vietnam’s currency.
Deputy Defence Minister Sen. Lieut. Gen. Hoang Xuan Chien received Director of the US Agency for International Development (USAID) in Vietnam Ann Marie Yastishock in Hanoi on August 3.
Vietnamese Ambassador to the United States Ha Kim Ngoc has underscored the importance of overcoming the consequences of war, especially the search for Vietnamese soldiers who died or missing in the war, to the process of reconciliation and healing war wounds between the US and Vietnam, thus promoting the comprehensive development of Vietnam - US relations.
With the current trading band of +/- 5%, the ceiling rate applicable for commercial banks during the day is 26,276 VND/USD and the floor rate 23,774 VND/USD.
The event aimed to update businesses on new regulations and compliance requirements regarding US tax, trade, and customs policies, while offering practical solutions to facilitate exports amid shifting trade dynamics.
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.
Illustrative image (Photo: VNA) 
