Effectively utilizing preferential Certificates of Origin (C/O) has enabled Vietnamese machinery and equipment to expand markets, reduce tariff costs, and integrate more deeply into regional and global supply chains.
Vietnam was the fastest-growing digital economy in ASEAN in 2023, with potential to become the second-largest by 2030, according to a report from HSBC.
On May 11, in Washington D.C., the Vietnam Posts and Telecommunications Group (VNPT) and the Casa Systems Company (Casa) signed an MoU, witnessed by Prime Minister Pham Minh Chinh, who is paying a working visit to the country, and US Secretary of Commerce Gina Raimondo, on cooperation in applying techniques and technologies in the field of 5G in Vietnam. Casa will also train and transfer technology to VNPT.