Vietnam will continue to improve its legal and policy framework to support long-term, sustainable investment, particularly in areas aligned with the country’s development priorities such as infrastructure, innovation, digital transformation, science and technology, and energy security, Vice Chairwoman of the National Assembly Nguyen Thi Hong said at the meeting.

She stressed that the National Assembly and Government are closely engaged with the business community to promptly address difficulties and remove institutional bottlenecks, while ensuring consistency and stability in the regulatory system.

Vietnam also shows its readiness to accompany foreign investors throughout their operations in the country, she said, highlighting the importance of strengthening cooperation with US enterprises to further advance the Comprehensive Strategic Partnership between the two countries.

The meeting was held at the National Assembly House with the participation of representatives from key parliamentary committees and senior executives from USABC member companies.

USABC President and CEO Brian McFeeters welcomed the opportunity for dialogue, saying the discussion focused on investment potential as well as regulatory and institutional issues affecting foreign investors in Vietnam.

He assured his host that US businesses remain optimistic about Vietnam’s market but called for greater transparency, consistency and predictability in policies, alongside continued administrative reform to improve the business environment.

Vietnamese lawmakers also addressed concerns raised by US companies, reaffirming efforts to ensure a more transparent and stable legal framework for investment and business activities.

Hong emphasised that Vietnam highly values the role of US investors and USABC in contributing to economic cooperation between the two countries.

She encouraged USABC to continue serving as a bridge between the business community and policymakers, including through regular feedback on regulatory issues and participation in improving Vietnam’s competitiveness.

She also called on US companies to expand investment in Vietnam, particularly in strategic sectors, and to enhance technology transfer to support deeper integration into global supply chains.

Vietnam and the United States are continuing constructive discussions on ongoing trade-related issues, the Vietnamese official said, expressing confidence that both sides would maintain stable conditions for investment and economic cooperation.

Vietnam also urged USABC to support efforts to promote mutual understanding of economic realities and to contribute to a balanced and objective perspective on Vietnam’s investment environment.

USABC commits to supporting Vietnam’s pursuit of double-digit growth

As Vietnam targets over 10% GDP growth and enters a new development phase following the 14th National Congress of the Communist Party of Vietnam (CPV), the US–ASEAN Business Council (USABC), pledges long-term support for investment, trade, and innovation, helping the country build a stronger, more prosperous future.