SelectUSA Investment Summit 2025: Expanding Investment Opportunities in the United States

SelectUSA Investment Summit 2025 opens up opportunities for Vietnamese businesses to expand their business and investment activities in the US market. Photo: Vietnam+

At the conference, the Vietnamese delegation had the third largest number of registered businesses, thereby affirming its position as an important economic partner of the United States. Vietnamese businesses participating in SelectUSA 2025 come from many different fields, including information technology, telecommunications, energy, industrial production, agriculture, environment, interior design and tourism services. Notably, the Vietnamese delegation had the participation of many domestic "giants", such as the National Energy-Industry Group (PVN), Vietnam National Shipping Lines (VIMC), Vietnam National Coal-Mineral Industries Group (TKV), Vietnam Rubber Group (VRG), Vietnam Gas Corporation (PVGas), FPT Group and An Phat Xanh Joint Stock Company.

Effective investment bridge

The SelectUSA Investment Summit is an annual event organized by the U.S. Department of Commerce, aiming to connect foreign investors with economic development agencies of U.S. states and territories. Here, Vietnamese enterprises directly learned about the business environment, investment incentives and potential cooperation opportunities in the United States.

Within the framework of the conference, Deputy Minister Cao Anh Tuan and the delegation attended two plenary sessions. The first session focused on the topic "Innovation and Industry: The US Advantage in Attracting Investment". Enterprises discussed directly with representatives of economic development agencies about the key factors that make the US a leading destination for business activities.

The second plenary session focused on the investment potential in the United States' areas of strength and competitiveness, especially emerging technology and artificial intelligence (AI). In the current context, the speakers emphasized that the United States is a potential market and the best place to invest.

Speaking on the sidelines of the conference, Deputy Minister Cao Anh Tuan said that this working trip demonstrates 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 have 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, which are areas in which the United States has many advantages.

The friendly "handshake"

Another important highlight at SelectUSA Investment Summit 2025 is the "Meet & Greet" event with Vietnamese businesses, hosted by Mr. Ashok Pinto, Executive Director of SelectUSA Investment Summit 2025.

At the meeting, Mr. Ashok Pinto, on behalf of President Donald Trump and Secretary of Commerce Howard Lutnick, expressed deep gratitude to the Vietnamese business community for choosing/considering the United States as an investment destination.

"The United States always welcomes and welcomes businesses to invest and contribute to continuing the success story of the United States," Mr. Pinto affirmed.

He also encouraged Vietnamese businesses to contact the US Trade Office in Vietnam for support and to learn about the US market. According to him, the US Government wants a more sustainable and fair trade relationship between the two countries, and affirmed that besides trade, investment also plays a very important role in strengthening the close relationship between the two countries.

Within the framework of SelectUSA Investment Summit 2025, the Ministry of Finance of Vietnam, the US Department of Commerce, the Embassy of Vietnam in the United States and the US Embassy in Vietnam jointly organized the event "Connecting with Vietnam: Cooperation - Sharing - Development" at the International Trade Center in Washington DC. The event attracted the participation of many representatives of the Government, businesses and relevant organizations from both countries.

Ms. Diane Farrell, Deputy Under Secretary for International Trade of the US Department of Commerce, US Ambassador to Vietnam Marc Knapper and many other senior US officials attended the event. On the Vietnamese side, there were Deputy Minister of Finance Cao Anh Tuan, Vietnamese Ambassador to the US Nguyen Quoc Dung and many Vietnamese businesses.

At the forum, delegates focused on discussing investment procedures, financial resources and investment support services, aiming to create the most favorable conditions for Vietnamese investors to seek opportunities and expand business activities in the United States.

Ambassador Nguyen Quoc Dung emphasized the interest of both sides in enhancing investment cooperation and affirmed Vietnam's goodwill and readiness to expand investment cooperation with the United States, in line with President Donald Trump's investment attraction policy.

"The largest scale ever of the Vietnamese business delegation shows that 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 in the comprehensive strategic partnership between the two countries and the dynamism and adaptability of businesses from both countries," Ambassador Nguyen Quoc Dung affirmed.

In addition, the representative of the US Department of Commerce, Ms. Diane Farrell said: “The United States is an attractive destination for foreign investors. We are here to welcome you to invest. We choose industries with the greatest potential, which are the advantages of each country, to be able to create jobs." She also pledged that relevant US agencies are ready to support Vietnamese businesses in seeking investment opportunities in the United States.

Here, Deputy Minister of Finance Cao Anh Tuan emphasized that Vietnam and the United States have an effective economic cooperation relationship, which is a model for cooperation in the spirit of mutual benefit. He also expressed his hope that the Government, federal agencies, states, counties, associations and businesses of the United States will create favorable conditions to promote and support Vietnamese enterprises to invest, do business effectively and successfully in the United States.

"In this new context, I expect that US businesses with many strengths in capital, reputation, management capacity, experts and high-quality human resources will cooperate with Vietnamese businesses in trending fields of the era such as high technology, startups, innovation, electric vehicles, energy, banking and finance, education and training, tourism, and high-efficiency agriculture, while making Vietnam a central and important link in your regional and global value chains," Deputy Minister Cao Anh Tuan emphasized.

Concretize strategic partnership

Participation in the SelectUSA Investment Summit 2025 clearly demonstrates Vietnam’s goodwill and strong commitment to enhancing bilateral investment cooperation with the United States. Through the activities implemented at the conference, the connection between the two economies will be further strengthened, the supply chain will be strengthened, and cooperation in many fields between the business communities of both sides will be promoted. This will positively contribute to the common development and prosperity of both countries.

On the sidelines of the SelectUSA Investment Summit 2025, the delegation of the Vietnamese Ministry of Finance said that it will continue to have many bilateral meetings and work with a number of US organizations, banks and businesses, including the US International Development Finance Corporation (DFC), the US Export-Import Bank (US Ex-Im Bank), Intel Corporation and Meta Corporation.

In particular, the delegation will have a working session with the US Treasury Department on the Agreement and Protocol on Avoidance of Double Taxation between Vietnam and the US, to promote the completion of procedures for signing and ratifying the Agreement, creating a solid legal framework for Vietnamese enterprises when investing and doing business in the US.

According to data from the Foreign Investment Agency, as of April 30, Vietnam had 252 investment projects in the United States with a total investment capital of 1.36 billion USD. The projects focus on professional activities, science and technology, real estate business activities, and processing and manufacturing industries.

Some typical investment projects in the United States belong to enterprises such as PetroVietnam (PVEP), T&T Group, Tam Anh Hospital, An Phat, FPT and Vietcombank.

The SelectUSA Investment Summit 2025 event is expected to create new momentum for two-way investment flows between Vietnam and the United States, contributing to deepening the comprehensive strategic partnership between the two countries.

Source: https://baophuyen.vn/kinh-te/202505/hoi-nghi-selectusa-investment-summit-2025-mo-rong-co-hoi-dau-tu-tai-hoa-ky-4bf69f4/