US-Vietnam Business Summit opens in Hanoi

by | Nov 12, 2025 | Asia

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The event gathered leading businesses and government officials from both countries for open discussions on challenges and opportunities in bilateral trade and investment cooperation.

The 2025 US–Vietnam Business Summit opened in Hanoi on
November 12 under the theme “A new era of development for mutually beneficial
commercial relations.”

The event gathered leading businesses and government
officials from both countries for open discussions on challenges and
opportunities in bilateral trade and investment cooperation.

Addressing the summit, Deputy Prime Minister Bui Thanh Son said that the US is Vietnam’s second-largest trading partner, with bilateral trade
exceeding $100 billion. The US also remains Vietnam’s largest export market,
while Vietnam has become one of the top ten trading partners of the US.

As of the end of October, the US had 1,501 active FDI
projects in Vietnam with a total registered capital of over $12.28 billion.

The
Deputy PM emphasized that the economic relationship is poised for continued
robust growth, with Vietnam strengthening its role as an important link in the
US’s global supply chain.

He urged US businesses to expand investment and cooperation
with Vietnam in strategic areas such as semiconductors, green energy,
logistics, innovation, and high-quality workforce training.

Mr. Michael Vu Nguyen, Chairman of the American
Chamber of Commerce (AmCham), affirmed that Vietnam is among the world’s fastest-growing
economies, and that US businesses highly value the government’s ongoing
institutional and economic reforms.

He added that the US business community welcomes and trusts
these reform efforts, viewing them as a clear reflection of Vietnam’s vision
for sustainable development and a strong commitment to fostering an open,
transparent, and favorable investment environment.

VnEconomy-Phương Nhi

Written By

Written by Albert Pham, News Curator and Blogger

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