Largest-ever US business delegation visits Vietnam amid growing bilateral ties
Largest-ever US business delegation visits Vietnam amid growing bilateral ties
A record-breaking delegation of 64 U.S. companies is visiting Vietnam this week to explore investment and partnership opportunities, reflecting growing economic ties between the two nations.
USABC president and former U.S. Ambassador to Vietnam Ted Osius (L, 3rd) attends a press conference in Hanoi, March 18, 2025. Photo: Tien Dat |
The U.S.-ASEAN Business Council (USABC) held a press conference in Hanoi on Tuesday, announcing the arrival of two major business delegations as part of its 2025 Vietnam Business Mission.
The first group of 58 leading U.S. firms is visiting from Tuesday to Thursday, followed by a separate delegation focused on healthcare and life sciences from Thursday to Friday.
Led by USABC president and former U.S. Ambassador to Vietnam Ted Osius, the mission includes representatives from high-profile companies such as Boeing, Apple, Intel, Coca-Cola, Nike, Amazon, and Bell Textron, among others.
During their stay, the delegation will meet Vietnamese government leaders and participate in various events commemorating three decades of U.S.-Vietnam diplomatic normalization.
Each year, U.S. companies visit Vietnam to explore market opportunities, but this year’s record-high participation signals a growing U.S. commitment to Vietnam amid global economic uncertainties.
Osius emphasized that despite potential trade risks, American businesses remain confident in Vietnam's future and see long-term investment prospects in key sectors, including technology, finance, manufacturing, energy, and aerospace.
"As Vietnam enters a new phase with a streamlined political system, the U.S. business community anticipates positive impacts and seeks to capitalize on emerging opportunities," Osius said.
He also affirmed U.S. support for Vietnam’s goal of becoming a global financial hub and expressed commitment to fostering a stable and mutually beneficial trade relationship.
The USABC leader further revealed his personal intention to relocate to Ho Chi Minh City in July, describing it as a dynamic city full of opportunities.
Representatives from Pacifico Energy, a U.S.-based renewable energy corporation, shared their investment plans in Vietnam's offshore wind power sector, while Meta, Facebook's parent company, announced its long-term investment strategy, including the creation of 1,000 high-tech jobs and the development of Vietnamese-language AI tools to enhance digital experiences.
- 19:30 19/03/2025
