Vietnamese Ambassador to the US Pham Quang Vinh and Vietnamese Consul General to Houston Nguyen Van Hoa met outstanding business representatives in the US state of Texas on April 28.
Vietnamese Ambassador to the US Pham Quang Vinh (Source: VNA)
Washington (VNA) – Vietnamese Ambassador to the US Pham Quang Vinh an⛄d Vietnamese Consul General to Houston Nguyen Van Hoa met outstanding business representatives in the US state of Texas on A🦹pril 28.
The event, held on the sidelines of the Vietnam War Summit in Austin city, was attended by more than 30 delegates representing 25 major local businesses operating in hi-tech, information technology, oil and gas service, education, finance-investment funds, and real estate.
Besides companies already familiar with the Vietnamese market such as IBM and Shell, many Texas firms came with the intention to explore the possibility of doing business in Vietnam.
Addressing the meeting, Ambassador Vinh hailed the strides in the Vietnam - US ties over the past 20 years, especially since the establishment of the bilateral comprehensive partnership in 2013.
Vietnam commits utmost efforts to speeding up the National Assembly approval of the Trans-Pacific Partnership (TPP), he stated.
He also informed participants about the upcoming Vietnam’s visit by US President Barack Obama this May as well as the outcomes of the 12 th National Congress of the Communist Party of Vietnam.
Consul General Hoa affirmed that the Vietnamese Consulate General in Houston, together with the Vietnamese embassy in Washington D.C, will work to serve as a bridge to facilitate trade and investment between the two countries.
Texas enterprises expressed their optimism about Vietnam’s economic prospects, hoping that the TPP will provide a boost for economic ties between Texas and Vietnam.-VNA
Prospects for cooperation in economics and education between Vietnam and the US following the Trans-Pacific Partnership (TPP) agreement were highlighted at a workshop in Ho Chi Minh City on January 14
Corporations of Vietnam and the United States on February 15 (US time) inked several deals in the presence of Prime Minister Nguyen Tan Dung on the sidelines of the ongoing special ASEAN-US Summit.
Deputy Prime Minister and Foreign Minister Pham Binh Minh held talks with US Secretary of State John Kerry in Washington DC on March 31 to discuss measures to strengthen the two countries’ ties.
Vietnamese Ambassador to the US Pham Quang Vinh has highlighted the remarkable developments in relations between Vietnam and the US over the past two decades.
Ambassador Pham Quang Vinh delivered a speech themed “Vietnam and the US in the 21 st century: A new beginning” while attending the Vietnam War Summit at the LBJ Presidential Library in Austin, Texas.
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.
During the visit, office representatives held a working session with the Tipaza Chamber of Commerce and Industry and met with several prominent local businesses operating in key sectors including industry, agriculture, fisheries, food processing, chemicals, pharmaceuticals and plastics.
A Nordic delegation to Vietnam International Sourcing 2025 in September will feature leading names in retail, consumer goods, logistics, and sustainable manufacturing, including global fashion giant H&M, offering fresh prospects for partnerships in fashion, textiles, and green supply chains.
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.
Effective from the date of signing on June 18, the decision halts procedures outlined in the 2005 Memorandum of Understanding (MoU) between the governments of Vietnam and Laos on the initial implementation of the Greater Mekong Subregion (GMS) Cross-Border Transport Facilitation Agreement at the Lao Bao–Densavan border gate.
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.
Vietnamese Ambassador to the US Pham Quang Vinh (Source: VNA)
