The Vietnamese Government always treasures and creates favourable conditions for enterprises from the US to land investments and operate long-term and sustainable business in the country, Deputy Prime Minister Trinh Dinh Dung has said.
Hanoi (VNA) – The Vietnamese Government always treasures andcreates favourable conditions for enterprises from the US to land investmentsand operate long-term and sustainable business in the country, Deputy PrimeMinister Trinh Dinh Dung has said.
Hosting a reception for some of the visiting US corporations on the sidelinesof the US-Vietnam Business Summit on September 10, Deputy PM Dung highlightedthe importance of the event which discussed measures to boost effectivecooperation methods between Vietnam and US investors in the context of Industry4.0.
In recent years, both nations have enjoyed substantial changes in theirrelations, he said, adding that Vietnam has always seen, and will continue to see,the US as a leading partner. The Asian nation wishes to bolster its comprehensivepartnership with the US on the basis of respecting each other’s independence,sovereignty, territorial integrity, and political institutions, contributing tomaintaining regional and global peace, stability, cooperation, and development.
He said that collaborations in economy, trade, and investment have become acrucial pillar of and a key driver for bilateral ties. After 20 years of the normalisationof relations, the US has become one of the largest trade partners of Vietnam.
Chairman of the American Chamber of Commerce Michael Kelly, who led the USbusiness delegation, said that US investors want to expand their business scaleand foster long-term investment in Vietnam. Meanwhile, there is also a queue offirms seeking investment opportunities in the country.
US Ambassador to Vietnam Daniel J. Kritenbrink said he is upbeat about the prospectsand results of the cooperation between companies of both sides.
He underlined that the US Embassy always encourages US firms to enhance theirpresence in Vietnam.
Two-way trade increased from 7.8 billion USD in 2005 to 54 billion USD in 2017.By the end of 2018’s second quarter, the figure was 27.4 billion USD, with USimports rising more than 20 percent.
As of June this year, the US had 877 valid projects with a total registeredcapital of 9.37 billion USD in Vietnam, making it the 10th largest investoramongst the 128 countries and territories investing FDI in Vietnam. –VNA
Deputy Prime Minister Vuong Dinh Hue had a meeting with US Secretary of Commerce Wilbur Ross and Trade Representative Robert Lighthizer on June 26 as part of his ongoing visit to the US.
Deputy Prime Minister Vuong Dinh Hue met with US enterprises during his visit to the US from June 25-27 to introduce Vietnam’s external and macro-economic policies, economic reform and investment attraction mechanisms.
Vietnam’s business environment has been improved significantly, especially the competitiveness, said US businesses from the US-ASEAN Business Council (USABC).
Prime Minister Nguyen Xuan Phuc suggested boosting economic, trade and investment ties between Vietnam and the US city of Los Angeles during a reception for its Mayor Eric Garcetti in Hanoi on July 28.
The 2018 US-Vietnam Business Summit was jointly held in Hanoi on September 10 by the Vietnam Chamber of Commerce and Industry (VCCI) and the American Chamber of Commerce in Vietnam (AMCHAM).
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.
At the reception (Photo: VNA) 
