Many foreign businesses have expressed their readiness to invest in Ho Chi Minh City, providing that administrative procedures are simplified and handled more efficiently.

In response to US President Donald Trump’s decision to impose a minimum 10% import tariff on all goods and a 46% countervailing duty on Vietnamese imports, the American Chamber of Commerce in Vietnam (AmCham Vietnam) has put forward proposals aimed at balancing the interests of both nations.

The Vietnam Chamber of Commerce and Industry (VCCI) and the American Chamber of Commerce in Hanoi (AmCham) have jointly proposed US President Donald Trump to temporarily suspend the imposition of reciprocal tariffs on Vietnamese exports.

The American Chamber of Commerce in Vietnam (AmCham) on April 4 issued a statement outlining the wide-ranging impact of the US’s new tariff policy on Vietnamese exports.

The American Chamber of Commerce (AmCham) honoured 35 outstanding member companies with its Corporate Social Responsibility (CSR) Recognition Awards at a ceremony in Hanoi on December 4.

Vietnam consistently supports a multilateral trade system, with the World Trade Organisation (WTO) at its core, Minister-Counsellor, Deputy Permanent Representative of Vietnam to the WTO Le Dinh Ba has said.

VOV.VN - The Ministry of Industry and Trade (MoIT) has expressed its regret that the United States has yet to recognized Vietnam’s market economy status though it acknowledged positive changes in the economy in recent times.

Vietnam is on the verge of seeing a massive influx of investments from the US, and stands ready to welcome the wave.

Representatives of foreign business associations have proposed several solutions to improve the investment and business environment in Ho Chi Minh City at a meeting with municipal officials hosted by the Investment & Trade Promotion Centre of the city on March 14.

The Ho Chi Minh City Investment and Trade Promotion Centre (ITPC) and the American Chamber of Commerce (AmCham) in Vietnam held a workshop on April 25 to acquire businesses’ feedback on socio-economic cooperation.