Vietnamese businesses looking for investment and cooperation in the US

May 14, 2025 | 09:25
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The Ministry of Finance (MoF) and more than 100 Vietnamese enterprises participated in the SelectUSA Investment Summit 2025 in the United States from May 11-14.
Vietnamese businesses looking for investment and cooperation in the US
The Vietnamese delegation at the SelectUSA Investment Summit 2025

The scale of the Vietnamese delegation ranked third, including enterprises operating in IT, telecommunications, energy, industrial production, agriculture, the environment, interior design, and tourism services.

The Vietnamese enterprises expressed interest in promoting economic cooperation and investment with the US, including Petrovietnam, Vietnam Maritime Corporation, Vietnam National Coal and Mineral Industries Corporation, Vietnam Rubber Group (VRG), PetroVietnam Gas Corporation (PVGas), FPT Corporation, and An Phat Xanh JSC.

They attended and connected with economic development agencies, and US states and regions to learn and further enhance new investment activities, and expand investment to create jobs for US people.

On May 12, Deputy Minister of Finance Cao Anh Tuan and the delegation attended two SelectUSA plenary sessions. At the first session, investment, businesses discussed economic development in the US, and its workforce, technology and innovation, state and local partnerships, favourable factors supporting investment, and why the US should be chosen as a priority destination for investment.

Plenary session 2 focused on areas of strength, like AI and emerging technologies, how technology promotes foreign investment, and enhances the competitiveness of the US and strengthens national security.

MOF at SelectUSA Investment Summit 2025

On the sidelines of the summit, Deputy Minister Tuan said, “Business trips of the MoF to the US this year, and numerous bilateral meetings with partners in the US in the coming days, affirm Vietnam's strong commitment to promoting bilateral investment and trade cooperation with the US, and the comprehensive strategic partnership with the world's leading economy.”

Also at the summit, there was a meet and greet event with Vietnamese enterprises chaired by Ashok Pinto, CEO of SelectUSA Investment Summit 2025.

Pinto, on behalf of US President Donald Trump, and Secretary of Commerce Howard Lutnick, thanked the Vietnamese business community for selecting the US or considering the US as an investment destination in the future. The US welcomes businesses to invest, contributing to the success stories of the US. The US government is looking for a more sustainable and fair trade relationship between the two countries, and valued the important role of investment, he said.

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