Vietnamese Acting Minister of Industry and Trade Le Manh Hung held a discussion with a group of US enterprises in the energy, industrial, and aviation sectors under the US – ASEAN Business Council (USABC) in Washington D.C. on February 2, the Ministry of Industry and Trade reported on February 4.
The event took place on the sidelines of the sixth round of negotiations on the Vietnam – US Agreement on Reciprocal, Fair, and Balanced Trade, reflecting Vietnam’s determination to strengthen and elevate bilateral economic and trade ties in a stable, substantive, and sustainable manner.
Vietnam stays ready to further expand imports from the US, particularly through procurement contracts for machinery, equipment, and modern technologies, Mr. Hung said.
On the energy-related issues of interest to US firms, with the presence of major corporations in oil and gas, liquefied natural gas (LNG), and renewable energy, Mr. Hung stressed that ensuring energy security is one of Vietnam’s key development priorities.
Vietnam values and wishes to foster long-term cooperation in modern industry, logistics, and aviation connectivity, he said, adding that Vietnam favours selective investments in foundational and high value-added industries tied to supply chains, support industries, technology transfer, and workforce training.
In high-tech and digital areas, Mr. Hung told leading US technology corporations that semiconductors, advanced technology and digital economy are among Vietnam’s strategic priority areas.
Later, Mr. Hung held separate meetings with executives of Apple, Excelerate Energy, and ExxonMobil, delving into high-tech and energy collaboration. At the event, he listened to their proposals while clarifying Vietnam’s policy focuses and commitment to a stable, transparent, and favourable investment environment for long-term projects.
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