HANOI – Vietnamese and American businesses are entering a new stage of collaboration, focusing on expanding investment, developing markets, and strengthening bilateral economic ties. The Vietnam Chamber of Commerce and Industry (VCCI) and SelectUSA – the U.S. government’s premier investment promotion initiative – are working together to create new opportunities for enterprises from both nations.(Source: diendandoanhnghiep.vn)During a recent meeting between Mr. Nguyen Quang Vinh, Vice Chairman of VCCI, and Mr. Stephen L. Green, U.S. Commercial Counselor in Vietnam, both sides discussed strategies to support businesses, promote investment in key U.S. states, and encourage more American companies to expand into Vietnam.
Mr. Green emphasized that Vietnam is a “key partner” in the United States’ economic cooperation strategy within the Asia–Pacific region. He noted that events such as the SelectUSA Investment Summit and U.S. Investment Roadshowsoffer valuable platforms for businesses from both countries to meet, exchange ideas, and build partnerships.VCCI is also preparing detailed reports on trade and growth trends to help Vietnamese enterprises navigate and expand into the U.S. market. According to Mr. Vinh, “This is the moment for Vietnamese businesses to be braver and more proactive in going global—especially in the U.S. market.”One remarkable highlight: in 2024, the Vietnamese delegation was among the largest in ASEAN to attend the SelectUSA Investment Summit. In 2025, Vietnam continued to lead the region with 134 delegates participating.
What This Means for Businesses
A milestone for expansion: Vietnamese companies now have stronger opportunities to join global value chains through U.S. partnerships and investment.A challenge for transformation: Entering the U.S. market requires meeting international standards—from governance and finance to networking and business development.A strategic signal: Support from both governments reflects a shift from traditional trade toward strategic, sustainable investment cooperation.
Next Steps Ahead
The next stage of expansion will be accelerated through major events such as the ASEAN Investment Roadshow 2025 in Vietnam and Indonesia.Vietnamese businesses are encouraged to proactively seek long-term partnerships and focus on high-potential sectors such as real estate, commerce, and renewable energy, which are highly valued by U.S. investors.