Party chief hails US firms as key to stronger ties
Party General Secretary To Lam affirmed that Vietnam considers the US a strategically important partner, with economic, trade, investment, and sci-tech collaboration serving as the bedrock and driver of the relationship.
Hanoi (VNA)🌊 – Party General Secretary To Lam on March 18 praised the US business community, particularly the US-ASEAN Business Council (USABC), for its practical contributions to Vietnam-US cooperation in trade and investment.
During a reception in Hanoi for a USABC delegation led by its President and CEO Ted Osius, former US Ambassador to Vietnam, Lam welcomed their working trip, noting that it coincides with the 30th anniversary of Vietnam-US diplomatic ties and the second year of their Comprehensive Strategic Partnership.
Lam affirmed that Vietnam considers the US a strategically important partner, with economic, trade, investment, and sci-tech collaboration serving as the bedrock and driver of the relationship.
He voiced Vietnam’s desire to further strengthen the Comprehensive Strategic Partnership with the US, fostering stable economic and trade ties that benefit both nations’ businesses and citizens while supporting global and regional peace, stability, and prosperity.
Party General Secretary To Lam (R) and President and CEO of USABC Ted Osius (Photo: VNA)
As the growth of Vietnam-US relations positively impacts US-ASEAN ties, he urged the USABC to continue supporting ASEAN’s unity, cooperation, development and prosperity, touting the region as a dynamic and promising market full of opportunities for US enterprises.
To celebrate the 100th founding anniversary of the Communist Party of Vietnam in 2030 and the 100th anniversary of the country in 2045, he said Vietnam is undertaking comprehensive reforms and completing institutional improvements. These include improving institutional frameworks, upgrading infrastructure, streamlining administrative processes, and boosting apparatus efficiency to facilitate operations of foreign investors, including those from the US.
Underscoring the critical role of sci-tech in Vietnam’s development, he suggested the US enterprises ramp up their investments in key sectors like emerging technologies, digital economy, green transition, renewable energy, and logistics, aligning US strengths with Vietnam’s needs.
Osius and corporate representatives reiterated their dedication to the development of Vietnam - US relations, crediting the Vietnamese leadership’s close attention and guidance. They believed that the strategic vision of General Secretary Lam and other Vietnamese leaders would steer the country toward its development goals./.
Vietnam’s consistent policy is to foster a balanced, sustainable, stable, and win-win economic relationship with the US, the minister stated. Vietnam does not intend to create any barriers that could negatively impact the US’s workers or its economic and national security, Minister of Industry and Trade Nguyen Hong Dien said.
PetroVietnam Gas Joint Stock Corporation (PetroVietnam PV Gas) signed Memoranda of Understanding with ConocoPhillips, an independent exploration and production company, and Excelerate Energy regarding long-term liquefied natural gas (LNG) purchase agreements.
NA Vice Chairwoman Nguyen Thi Thanh expressed her delight at the positive progress in the Vietnam - US relations, highlighting 2025 as a significant milestone marking 30 years since the normalisation of their ties.
General Secretary of the Communist Party of Vietnam Central Committee To Lam and his spouse Ngo Phuong Ly departed from Hanoi on August 10 morning for a four-day state visit to the Republic of Korea (RoK), which is made at an invitation of RoK President Lee Jae Myung.
As part of the ASEAN Day celebrations, the Vietnamese embassy will also host the ASEAN Family Day 2025 in Ottawa to foster solidarity and community spirit among ASEAN members in Canada.
State President Luong Cuong’s trip once again reaffirmed the Party and State’s foreign policy of independence, self-reliance, diversification and multilateralisation of relations. It also reflected the strong trend of enhanced cooperation among countries of the Global South in shaping a new, more multipolar, fair and equitable world order.
The outcomes of Party General Secretary To Lam's visit will serve as a driving force and source of inspiration for the two countries to inherit, promote, and elevate their Comprehensive Strategic Partnership, contributing to the national construction and development cause in each country, and to peace, cooperation, and development in the region and the world.
Prime Minister Pham Minh Chinh on August 9 inspected the construction site of the new Phong Chau bridge, and surveyed a planned route for the Lao Cai – Hanoi – Hai Phong railway section running through the northern province of Phu Tho.
Across print, broadcast, and online platforms, Angolan media portrayed State President Luong Cuong's visit as a warm and historic occasion, strengthening bilateral ties and boosting Vietnam’s presence in Africa through the AU.
The 500kV Lao Cai – Vinh Yen power transmission line has a total investment of over 7.41 trillion VND (282.5 million USD), and a total length of 229.5 km, passing through 31 communes in the two provinces, and comprising 468 transmission tower foundations.
The visits reflected the elevated position of Vietnam’s foreign policy in the new era—aimed at not only advancing ties with key regional partners like Egypt and Angola but also delivering a strategic message about Vietnam’s commitment to deepening relations with African nations as a whole.
At their talks and meetings, President Cuong and Angola’s top leaders affirmed that the close brotherhood and traditional friendship are a valuable shared asset and a solid foundation for the two nations to advance into a new phase of development.
The ruling People’s Movement for the Liberation of Angola (MPLA) attaches great importance to the friendship, solidarity, and comradeship with the Communist Party of Vietnam, and voiced her Party’s wish to further deepen and expand relations between the two sides for the benefit of the Vietnamese and Angolan people.
Vietnam pledges to do its utmost to build an ASEAN of solidarity, consensus, and unity in diversity, and to foster a fast and sustainable development path for ASEAN, grounded in science, technology, and innovation, said Prime Minister Pham Minh Chinh.
Party General Secretary To Lam called on the criminal police force to accelerate the application of science, technology, artificial intelligence, and digital transformation in criminal investigation tasks such as crime prevention, detection, tracking and verification, ensuring that no area remains out of their reach.
Many Koreans living, studying, and working in Hanoi see the upcoming state visit to the Republic of Korea (RoK) by Party General Secretary To Lam as an opportunity to generate strong synergy in economic cooperation, people-to-people exchanges, and cultural understanding.
The achievements of the five decades of Vietnam–Angola cooperation provide a strong and enduring foundation, as well as momentum for the two sides to consolidate, expand, and bring their partnership into a new phase of development.
Prime Minister Pham Minh Chinh stressed that the emulation and commendation work is a vital driver, fostering patriotism, dedication, and collective momentum in the run-up to the 11th National Patriotic Emulation Congress, Party congresses at all levels, and the 14th National Party Congress.
Emphasising the need for sustainable, long-term collaboration, National Assembly Chairman Tran Thanh Man called on Japanese investors not only to bring in capital but also to share expertise and modern technology, especially in areas such as green transformation, the circular economy, and advanced corporate governance.
President Luong Cuong's activities during his state visit to Angola, the celebration of the financial sector's 80th traditional day, and the Foreign Ministry's flag-hoisting ceremony marking the 58th founding anniversary of ASEAN are among news highlights on August 8.
Vietnamese Ambassador to Thailand Pham Viet Hung praised the Thai Ministry of Foreign Affairs’ meaningful initiative, noting that the ASEAN Family Run was not only a sporting activity but also an opportunity for diplomats and their families to show unity, connection, and solidarity within the ASEAN family.
Politburo member, Prime Minister Pham Minh Chinh on August 8 attended the first congress of the Party Organisation of Tay Ho ward of Hanoi for the 2025–2030 term, during which he called for fresh momentum to turn the ward into a model that takes the lead in all fields.
The size of the economy increased from over 5 billion USD in 1986 to over 476 billion USD by 2024, making Vietnam the fourth-largest economy in Southeast Asia and the 34th largest in the world.
