Vietnam Today

The meetings took place on September 21 (local time) during the top Vietnamese leader’s trip to the US to attend the High-Level General Debate of the 81st Session of the United Nations General Assembly and conduct bilateral activities.

During the meeting, General Secretary of the Communist Party of Vietnam Central Committee and President To Lam stressed that economic, trade and investment cooperation is one of the most important pillars of bilateral relations, directly benefiting businesses and people and contributing to the development of both countries.

Deputy Minister of Science and Technoloy Hoang Minh said the proposed amendments would abolish 18 administrative procedures and reduce five business conditions, making it easier for individuals and businesses to register, establish and exercise intellectual property rights.

These projects having combined investment capital of more than VND2.5 quadrillion ($95 billion).

Vietnam aims to strengthen international integration, including integration into global technology supply chains, leveraging external resources to serve development goals, and creating favorable conditions for foreign enterprises to invest and operate effectively in Vietnam.

According to data from the Vietnam Customs, total bilateral trade reached approximately $137.42 billion as of the end of August 2026, up 23.4% from the same period in 2025.