Vietnamese businesses 'land' in the United States: Seeking investment cooperation opportunities from SelectUSA 2025
(Chinhphu.vn) - For the first time, more than 100 Vietnamese enterprises accompanied the Ministry of Finance to participate in the SelectUSA 2025 Investment Summit in the United States. The event opened up new expectations for bilateral investment, demonstrating that Vietnamese enterprises are not only interested in attracting foreign capital but are also ready to reach out to the global market.
Báo Chính Phủ•13/05/2025
Governors and representatives of several states discuss investment opportunities in the United States
Opportunities for Vietnamese businesses in the UnitedStates
From May 11 to 14, 2025, the SelectUSA Investment Summit in the United States recorded impressive participation from Vietnam. With more than 130 delegates representing more than 100 businesses spanning many fields, the Vietnamese delegation became one of the three international business delegations with the largest number of participants.
SelectUSA 2025 Investment Summit in the United States attracts a large number of businesses and representatives of large organizations to participate.
This event is not only an opportunity for Vietnamese businesses to access the US market, but also a place for them to express their aspirations to integrate and expand their influence in the global value chain. It can be said that Vietnam's mark has never been so strong at an international investment conference like SelectUSA.
At the conference, businesses from Vietnam actively participated in discussion sessions and investment connections, especially two plenary sessions with the themes "Innovation and Industry" and "Investing in US Strengths". Through this, they not only grasped new investment trends but also expanded strategic relationships with economic development agencies of US states.
Deputy Minister of Finance Cao Anh Tuan exchanges information on the sidelines of the SelectUSA Investment Summit
Sharing information on the sidelines of the Conference, Deputy Minister of Finance Cao Anh Tuan affirmed: The Ministry of Finance's working trip to attend the 2025 US Investment Summit and a series of bilateral meetings with partners in the United States in the coming days demonstrate Vietnam's strong commitment to promoting bilateral investment and trade cooperation with the United States - a comprehensive strategic partner and the world's leading economy. Through the Conference, Vietnamese businesses also had the opportunity to cooperate in investment, especially in the fields of science and technology, digital transformation, energy industry, port infrastructure development, aviation and processing industries - industries in which the United States has many advantages in cooperation with Vietnam.
In particular, the "Meet & Greet" event organized by the SelectUSA Organizing Committee between the two plenary sessions created favorable conditions for Vietnamese businesses to be welcomed and directly exchanged with representatives of the US government. Mr. Ashok Pinto - Executive Director of SelectUSA 2025, on behalf of President Donald Trump and the US Secretary of Commerce, expressed his thanks and appreciation for the determination of the Vietnamese business community.
Not only that, he also emphasized that the United States is always ready to support Vietnamese businesses in understanding the market, establishing relationships and long-term investment. "We not only welcome you but also want to cooperate to create a success story in the future," said Mr. Ashok Pinto.
Cooperation for a sustainable future
In addition to the activities within the official framework of the Summit, the Vietnamese Ministry of Finance, together with the US Department of Commerce and the Embassies of the two countries, jointly organized a side event called "Connecting with Vietnam: Cooperation - Sharing - Development" in Washington DC, bringing together a large number of investors, government representatives and businesses of the two countries.
Vietnamese Ambassador to the United States Nguyen Quoc Dung
Vietnamese Ambassador to the United States Nguyen Quoc Dung said that the largest scale ever of the Vietnamese Business Delegation shows that Vietnamese businesses are not only interested in attracting investment but also looking for investment cooperation opportunities right in the country with the most developed economy in the world, the United States.
"This is a clear demonstration of the development of the comprehensive strategic partnership between the two countries and the dynamism and adaptability of businesses of the two countries. Through the event, Vietnamese businesses have a lot of useful information to serve the research, search for opportunities and implement investment and business activities in the United States, thereby contributing to promoting Vietnam - US relations in a more balanced and sustainable direction," said Ambassador Nguyen Quoc Dung.
Ms. Diane Farrell – Deputy Secretary in charge of International Trade
On the US side, Ms. Diane Farrell - Deputy Under Secretary for International Trade affirmed: The US is always an ideal destination for foreign investors.
"We choose industries with the greatest potential, which are the advantages of each country, to create jobs. Relevant US agencies are ready to support Vietnamese businesses to come and seek investment opportunities in the United States," said Ms. Diane Farrell.
Deputy Minister of Finance Cao Anh Tuan speaks at the conference
In his speech, Deputy Minister Cao Anh Tuan said: In recent times, Vietnam and the United States have had an effective economic cooperation relationship, which is a model for cooperation in the spirit of mutual benefit.
Deputy Minister Cao Anh Tuan said: The Vietnamese delegation includes members from Vietnamese state-owned and private enterprises in many industries and fields of operation such as information technology, energy, industrial production, agriculture, furniture, tourism services, and training.
"We hope that the Government, Federal agencies, states/counties/counties, associations and US businesses will create favorable conditions to promote and support Vietnamese businesses to invest and do business effectively and successfully in the United States. The coming time will be a golden time for Vietnamese businesses to research opportunities, make new investments and expand investments in the United States, thereby opening up access to the large and promising capital and consumer markets of the United States as well as globally. In this new context, I expect US businesses with many strengths in terms of capital, reputation, management capacity, experts and high-quality human resources, etc. will cooperate with Vietnamese businesses in trending areas of the times such as high technology, startups, innovation, electric vehicles, energy, banking and finance, education and training, tourism, high-efficiency agriculture, etc. At the same time, making Vietnam a central and important link in the regional and global value chain. of you", Deputy Minister Cao Anh Tuan expected.
US Ambassador Marc Knapper speaks at the Conference
The trip also opened up important meetings between the Vietnamese Ministry of Finance and many large organizations such as the United States International Development Finance Corporation (DFC), the SelectUSA 2025 Conference, which not only stopped at discussions but also opened up many specific cooperation opportunities. The Vietnamese delegation had bilateral meetings with "giants" such as Intel, Meta, and major US financial institutions. One of the important contents was to accelerate the signing of the Double Taxation Avoidance Agreement, creating a solid legal corridor for businesses of the two countries.
According to data from the Foreign Investment Agency, as of April 2025, Vietnam had 252 projects in the US with a total investment of 1.36 billion USD, investment fields ranging from science and technology, real estate, to processing industry. Typical names include: PVEP, FPT, Vietcombank, T&T Group, An Phat...
On the morning of May 13, in Hanoi, Prime Minister Pham Minh Chinh met with representatives of the US business community investing and doing business in Vietnam. The meeting aimed to listen to, resolve difficulties and propose solutions to promote investment and business cooperation between the two countries. The Prime Minister emphasized the importance of building a fair, sustainable and mutually beneficial bilateral trade agreement. The Government leader asked US businesses to support and actively participate in the negotiation process to reach this agreement. The Prime Minister pledged that the Vietnamese Government will continue to improve the investment environment, remove difficulties and create favorable conditions for US businesses to operate effectively in Vietnam. Representatives of US businesses highly appreciated the goodwill and efforts of the Vietnamese Government in promoting bilateral economic relations. US businesses expressed their desire to continue expanding investment and long-term cooperation in Vietnam. The meeting demonstrated the Vietnamese Government's respect for the US business community and affirmed its commitment to promoting the comprehensive strategic partnership between the two countries.
Comment (0)