The capital flow from the US is expected to open up a new chapter in investment cooperation with Vietnam, according to Dau tu (Investment) newspaper.
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A nice surprise is that ahead of the visit of Prime Minister Nguyen Xuan Phuc to the US from May 29-31, Jabil Circuit, Inc., a major American technology corporation, had commenced the construction of a new manufacturing workshop at the Saigon Hi-tech Park (SHTP).
Jabil started operation at the SHTP from September 2007, specialising in the production of electronics and equipment for information technology and telecommunication with the initial capital of only US$30 million. However, in 2011, the corporation decided to increase investment to US$100 million.
In 2015, Jabil once again announced to expand investment in Vietnam, focusing on the field of high technology.
“Since we began operations in Vietnam ten years ago, we have been on a consistent growth trajectory. We are currently operating at maximum capacity and this expansion is central to our growth strategy. Besides positioning us well for future growth, this expansion also reflects our continued commitment to develop and invest in Vietnam,” said Vijay Chinnasami, senior vice president of electronic manufacturing services (EMS) operations at Jabil.
Jabil is among US investors to pledge for long-term operation in Vietnam. Other US big investment projects include the Ho Tram Strip with a total registered capital of US$4.2 billion being carried out in southern Ba Ria – Vung Tau province.
Minister of Planning and Investment Nguyen Chi Dung repeated such big names as Intel, GE, Boeing, Coca-Cola, Nike, Microsoft, Citi Group, P&G, and Mobil while highlighting the significant contributions of US investors to the renovation, integration, and economic development of Vietnam.
As of May 20 this year, the US counted 838 investment projects worth over US$10.2 billion in Vietnam. The US is ranking ninth among countries and territories investing in Vietnam.
A series of US businesses like Nike, Adidas, Intel and Microchip plan to shift production to Vietnam, while ExxonMobil – a major US oil and gas group – moves to prepare for the implementation of the Blue Whale project to bring gas onshore, with a committed capital of nearly US$10 billion.
At recent workshops on Vietnam-US prospects in 2017 and the following years in Hanoi and Ho Chi Minh City, a large number of US companies affirmed to increase investment in Vietnam.
“We are working to find concrete ways to strengthen the bilateral trading relationship, including the possibility of a bilateral free trade agreement, in order to support economic growth in both countries,” said Tami Overby, senior vice president for Asia of the US Chamber of Commerce (Amcham).
Meanwhile, AmCham Executive Director Adam Sitkoff expressed his confidence in the upward growth trend of trade and investment relations between Vietnam and the US.
“AmCham supports a path towards a US-Vietnam free trade agreement which would help increase bilateral trade and investment, and which would create wealth and job opportunities for people in both countries,” he said.
Regarding the ongoing visit to the US by Prime Minister Nguyen Xuan Phuc, Minister Nguyen Chi Dung said this event holds a significant meaning to elevate the bilateral comprehensive partnership to a new height.
This is an excellent opportunity for Vietnam to boost trade and investment relations with the US, he said, adding that 80-90 Vietnamese businesses are accompanying the PM to seek new cooperation agreements.
The two countries’ leaders are scheduled to hold talks to discuss measures to promote the bilateral comprehensive partnership in the coming time, especially in the fields of politics, external affairs, economics, and trade.
Vice President of AmCham Michael Kelly told Dau tu reporters that the US business community is much awaiting the PM’s visit.
“My experiences suggest that the Vietnamese government is committed to implementing reforms and supporting American and Vietnamese business operations. I have received reassurances that there would be a level playing field for US investments in Vietnam as part of a mutually beneficial trade relationship.”
More than a year after the Politburo's Resolution No. 68-NQ/TW on private sector development came into effect, expectations now extend beyond increasing the number of enterprises. The goal is to build a stronger business community with greater resilience, larger ambitions and the capacity to compete in global supply chains.
Vietnam is expected to remain one of ASEAN’s fastest-growing economies in 2026, supported by resilient exports, strong investment inflows and an ambitious reform agenda, despite mounting global uncertainties, according to the World Bank’s latest Vietnam Economic Update released on May 15.
Under a new circular, the exchange of greenhouse gas emission quotas and carbon credits is conducted on the domestic carbon credit exchange through the carbon trading system, which is interconnected with the national registration system.
As many agricultural businesses continue to face challenges in finding stable outlets, modern retail systems are increasingly becoming key distribution channels helping Vietnamese products access the market more professionally.
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A recent PM directive set a May 10 deadline for ministries, agencies and localities to complete detailed allocations of the 2026 public investment capital plan.
A Party official has urged the Vietnamese business community to improve corporate governance, technological capacity, production standards, workforce quality and international connectivity to strengthen ties with the FDI sector.
The White Book provides a comprehensive overview of Vietnam’s current tax system in line with international practices, including direct taxes, indirect taxes and sector-specific levies.
The 12th Africa Forum for Investment & Commerce (AFIC 12) opened in Algiers, the capital of Algeria, on May 9, drawing around 2,000 participants, including officials, economists, businesses, financial and development organizagtions from 43 African countries and international partners, including Vietnam.
According to Dr. Bui Thanh Minh, Deputy Director of the Office of the Private Economic Development Research Board under the Prime Minister’s Advisory Council for Administrative Procedure Reform, Resolution 68 has helped foster a stronger entrepreneurial spirit through a series of concrete policy measures.
Consolidated first-quarter 2025 statements from Vietcombank, VietinBank and BIDV showed that the Treasury’s total deposit balance at the three lenders rose by nearly 39% compared with the end of 2025.
Vietnam targets 1 million one-person businesses, 5 million business entities, 10,000 tech startups, 45 startup support networks, a position among the world’s top 40 innovation ecosystems, and 1.5 billion USD in venture capital by 2030.
The exhibition, which runs until May 9 at the Hanoi International Centre for Exhibition, showcases advanced products and technologies across a range of fields, including pharmaceuticals, drug manufacturing machinery and equipment, medical devices, hospital and clinic services and dental equipment.
The province is tightening maritime governance, with a focus on May–June 2026 to finalise a more robust legal framework and close loopholes for illegal fishing.
Leading the charge in this massive building spree is the new central city square in the core of the Thu Thiem new urban area. Spanning more than 20 ha, it’s the crown jewel of the Central Square and new administrative center complex.
The country’s stable political and economic environment provides a critical foundation for long-term sourcing strategies. At the same time, Vietnam has demonstrated a strong ability to scale up manufacturing, supported by a continuously expanding industrial base capable of meeting both high-volume demand and increasingly complex technical and quality requirements.
The update by Australia’s Department of Agriculture, Fisheries and Forestry to its Biosecurity Import Conditions system (BICON) on April 10, officially setting out import conditions for Vietnamese pomelos, is regarded as a major milestone in market access efforts.
Structured in two steps and three phases, the roadmap envisions a gradual shift from partial to full relocation of international flights, aligned with infrastructure readiness and the long-term ambition of building a regional aviation hub.
The circular economy is no longer just a policy choice. It has become an inevitable trend for delivering sustainable and green growth, sharpening competitiveness at home and abroad, and meeting Vietnam’s net-zero emissions target by 2050. It is now a prerequisite to sustain long-term economic expansion, particularly in industrial production and supporting industries.
Vietnamese fresh produce and processed foods are increasingly recognised for their quality, with items such as cashew nuts, coffee and spices gaining popularity among Middle East consumers. In 2025, Vietnam’s farm produce exports to the UAE exceeded 445 million USD, up nearly 24% year-on-year.