A delegation of about 50 major US companies is visiting Vietnam. The event shows that American businesses continue to be interested in our country’s economy. This is the largest delegation of US businesses to visit Vietnam since the two countries upgraded their comprehensive strategic partnership in September 2023.
Many large US companies are coming to Vietnam to expand their business cooperation.
Some prominent members of the delegation visiting Vietnam include technology company Meta, aircraft manufacturer Boeing, and renewable energy company GE Vernova. In addition, Koch Industries, UL Solutions, Chubb Insurance Group, Roblox, ATMO weather forecasting company, and AES energy company are also participating in the visit.
It is worth noting that many US companies are currently operating in Vietnam. One example is Meta with its Facebook application, which has 60 million users and has become one of the largest markets globally. Meanwhile, aircraft manufacturer Boeing has reached a preliminary agreement with Vietnam Airlines in 2023 to transfer 50 aircraft.
During their stay in Vietnam from March 18-21, the US business delegation will hold discussions with Vietnamese ministries, departments, localities to promote investment opportunities or expand business.
On March 18th, US security companies plan to discuss potential business opportunities with representatives from the Ministry of National Defense and the Ministry of Public Security. At the same time, the Vietnam Development Bank (VDB) and US Eximbank have signed an MOU worth $500 million to jointly study and explore opportunities for cooperation in medium and long-term credit/guarantees, promoting economic, trade, and investment cooperation between the two countries.
