US businesses exploring investment, business opportunities in Viet Nam
US businesses exploring investment, business opportunities in Viet Nam
Representatives of more than 50 US companies will visit Viet Nam from March 21-22 to discuss investment and business opportunities under an annual programme hosted by the US-ASEAN Business Council.
Vu Tu Thanh, the council’s representative in Viet Nam, said the body has organised these events for three decades, adding that this is the biggest ever mission in the country.
Streaming giant Netflix, planning to open an office in Viet Nam, and many other companies that already have business or production facilities in Viet Nam such as Apple, Coca-Cola and PepsiCo as well as those intending to expand their operations in the Southeast Asian nation are among the participants.
According to Thanh, some companies are interested in Viet Nam as a manufacturing hub and provider of services, with its economic growth topping 8 per cent last year.
Among them is SpaceX which is looking to sell its satellite internet services to Viet Nam and other countries in the region.
The mission will also include semiconductors companies, pharmaceutical giants Pfizer and Johnson & Johnson, medical device maker Abbott, financial firms Visa and Citibank, internet and cloud companies Meta and Amazon Web Services, he said.
