US businesses exploring investment, business opportunities in Viet Nam

Mar 21st at 09:21
21-03-2023 09:21:36+07:00

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. 

bizhub



NEWS SAME CATEGORY

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...

Quang Tri Province calls for investment in 80 projects

The central province of Quang Tri is calling for funding in 80 key projects in a wide range of fields under an investment attraction plan for the 2023-25 period...

Viet Nam vows to faciliate businesses towards green growth, says PM

The Vietnamese Government is committed to creating favourable conditions for businesses to develop, Prime Minister Pham Minh Chinh said at the Annual Viet Nam...

VASEAN aims to promote cooperation in ASEAN countries

The Viet Nam - Asean Association for Economic Co-operation Development (VASEAN) would create conditions for firms in seeking business opportunities, through...

PM asks state-run groups, corporations to contribute to building self-reliant economy

State-run groups and corporations must operate effectively to contribute to building an independent and self-reliant economy, Prime Minister Pham Minh Chinh said on...

Vietnam reports fastest e-commerce growth in SE Asia: Deputy PM

Vietnam is the second fastest-growing digital economy in the world, following India, and has the fastest e-commerce growth in Southeast Asia, Vietnamese Deputy...

500 fastest-growing companies in 2023 announced

Tin Viet Finance JSC, Dolphin Sea Air Services Corporation and VPS Securities JSC are among the top 10 in the 500 fastest-growing companies in Viet Nam (FAST500)...

Firms play an important role in fostering green growth

It is critical to promote the role of the business community in partnership with the Government of Viet Nam in fostering green growth, Deputy Minister of Planning...

FDI projects go green

As Viet Nam has made a strong commitment to carbon emission neutrality by mid-century, foreign direct investments in the country have begun to go green to join the...

Quang Ngai province to focus on development

The new mission of Quang Ngai province is to become the growth pole of the central region and significantly contribute to the development of the country.


MOST READ


Back To Top