July 12, 2025 | 06:30 GMT+7

PM and USABC discuss ways to boost economic, investment ties

Vân Nguyễn -

Prime Minister Pham Minh Chinh holds working session with US-ASEAN Business Council, including executives from major US and global corporations.

PM Pham Minh Chinh (fifth from right, front row) and the USABC delegation. (Photo: VGP)
PM Pham Minh Chinh (fifth from right, front row) and the USABC delegation. (Photo: VGP)

Prime Minister Pham Minh Chinh had a working session in Hanoi on July 11 with a delegation from the US-ASEAN Business Council (USABC), which comprises executives from major US and global corporations now on a business trip to Vietnam, according to a report from  the Vietnam News Agency.

The guests came from leading firms such as Abbott, Amazon, Apple, Boeing, Brunswick, Citibank, Exxon Mobil, Ford, Google, IBM, Intel, Manulife, Meta, UPS, Warburg Pincus, Odgers Berndtson, and Zuellig Pharma.

They expressed their appreciation for PM Chinh’s regular engagement with them, noting that such a dialogue consistently leads to tangible progress in easing their concerns.

US businesses appreciated the increasingly favorable investment and business environment in Vietnam, as well as the country’s strong commitments, vision, and concrete actions, particularly the administrative streamlining efforts.

They reaffirmed their commitment to long-term investment, production, and business cooperation with Vietnam in the coming period. At the same time, they put forward several recommendations and proposals, aiming to build a stronger and more effective relationship.

After hearing feedback from US companies, PM Chinh directed relevant ministries and agencies to promptly review and act on the companies’ recommendations with clear timelines and accountability, stressing the principle of ensuring clear roles, tasks, deadlines, outcomes, responsibilities, and authority.

He also urged deeper cooperation with US firms, especially in emerging sectors like sci-tech, innovation, digital transformation, and artificial intelligence.

 

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