US businesses hail Vietnam as bright spot among emerging markets
VOV.VN - US business leaders praised Vietnam as a bright spot among emerging markets during a roundtable with Deputy Prime Minister Nguyen Van Thang in Washington on August 28.
The event gathered representatives from nearly 60 major US corporations, financial institutions, and investment funds across finance, digital technology, cybersecurity, energy, healthcare, and logistics, featuring names such as Visa, Citigroup, Morgan Stanley, Qualcomm, Caterpillar, and Atlas Air. Earlier on August 27, the Vietnamese delegation also visited the headquarters of Amazon Web Services (AWS).
Speaking at the working sessions, Deputy Prime Minister Nguyen Van Thang affirmed that Vietnam attaches great importance to its Comprehensive Strategic Partnership with the US and considers the foreign direct investment sector an important component of its economy.
The Government of Vietnam continues to prioritize macroeconomic stability, institutional improvement, and the construction of a transparent, equal, and safe legal framework for foreign investors to operate and conduct long-term business, Thang added.
He proposed that US enterprises expand investment in high-tech projects, boost knowledge transfer, support the innovation ecosystem, and train high-quality human resources, while creating conditions for Vietnamese enterprises to participate more deeply in global value chains.
Thang stressed that Vietnam is committed to maintaining dialogue, listening to investor recommendations, and coordinating to resolve difficulties in a spirit of harmonizing benefits and sharing risks.
He also suggested that the US business community continue to promote its bridging role, bolstering bilateral economic and trade cooperation toward a balanced, sustainable, and substantive direction, thereby helping facilitate negotiations on a reciprocal, balanced, and counterbalanced trade agreement between the two countries.
Representatives of US businesses highly appreciated Vietnam's socio-economic development achievements, institutional reform efforts, administrative procedure simplification, and strategic orientation toward science, technology, and innovation.
They recognized Vietnam as a bright spot among emerging markets, featuring positive growth prospects, an expanding middle class, quality human resources, and an open business environment for foreign investors.
Many expressed the view that Vietnam's economy continues to hold strong prospects and ample room for expanding cooperation in high-tech fields, digital finance, renewable energy, infrastructure, and services.
Several businesses noted that they are considering or advancing specific investment plans in Vietnam, expressing a desire to expand research and development, high-tech manufacturing, digital payments, cybersecurity, and workforce training.
In addition, US businesses suggested that Vietnam continue to ensure policy stability, transparency, and predictability; increase consultation with investors during the regulatory drafting process; establish appropriate transition roadmaps; and ensure consistent implementation between central and local authorities. Opinions also emphasized the role of contract enforcement, fair dispute resolution mechanisms, favorable licensing procedures, and technical standards in line with international practice.
The businesses and investors also raised specific recommendations with a focus on facilitating international capital flows, developing the bond market and risk-hedging instruments, expanding digital payments and financial inclusion, improving procurement and registration processes in the healthcare sector, perfecting visa policies, and streamlining procedures for technology, energy, infrastructure, and logistics projects.
The engagement activities created a direct exchange channel between Vietnamese policymaking agencies and investors, helping identify bottlenecks, connect demand with implementation capacity, and suggest new cooperative projects. On this basis, relevant agencies will continue to study proposals and maintain coordination with US associations and businesses following the working visit to speed up the implementation of projects in Vietnam and attract high-quality investment flows.
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