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.”
By 2030, Vietnam aims to rank among the world’s top 40 in the GII; raise total social investment in R&D to at least 2% of GDP, with non-State funding accounting for over 60%; increase international scientific publications by an average of 10% annually; and raise the number of patent applications and granted patents by an average of 16-18% annually.
The State Bank of Vietnam set the daily reference exchange rate at 25,624 VND/USD on October1, down 3 VND from the previous day.
Quang Ninh's GRDP grew 15.04% in the third quarter, also leading the country.
Vietnam needs flexible incentives and specialised green financial instruments, stronger inter-sectoral coordination, improved local governance capacity and a more complete MRV data system, said Ramla Khalidi, Resident Representative of the United Nations Development Programme (UNDP) in Vietnam.
As the country enters a new development phase with greater demands for stronger marine-economy growth, institutional bottlenecks have emerged and need to be addressed.
Experts from the Institute of Vietnam and World Economy under the Vietnam Academy of Social Sciences noted the quality of recent growth as the high growth rate has been recorded against an increasingly higher comparative base.
Vietnam's Halal exports remain modest at around 900 million USD a year, accounting for less than 1% of the global market. Most exports are still raw agricultural and seafood products. Only around 1,000–1,300 Vietnamese businesses obtained or maintained Halal certification during 2024–2026.
Vietnam needs a comprehensive policy framework to remove legal and procedural bottlenecks and create conditions for offshore wind power projects to access long-term investment capital, helping to unlock the country’s substantial offshore wind potential, said insiders.
Under a decision of the municipal People’s Committee on establishing an inter-agency working group, departments and agencies are responsible for identifying facilities subject to greenhouse gas inventories, developing emissions-reduction plans and studying projects capable of generating carbon credits.
According to data from the Vietnam Customs cited by the Vietnam Association of Seafood Exporters and Producers (VASEP), shrimp exports reached 478.5 million USD in August, up 4.2% from the same month last year. The eight-month total stood at 3.3 billion USD, representing a year-on-year increase of 12%.
Vietnam is seen as a potential market, with considerable room for growth in real estate, particularly commercial property, compared with some regional markets. Strong Vietnam-Russia ties and opportunities to establish foreign-invested enterprises are also considered favourable for Russian investors.
For 2021-2030, the Civil Aviation Authority of Vietnam proposed bringing forward the investment in a parallel taxiway system and a connecting taxiway north of Runway No. 2 at Phu Quoc International Airport, in order to connect with the aircraft maintenance and repair facility (hangar) planned for the northern area of the airport.
For LNG-fired power to fulfill its role in Vietnam’s energy transition, bottlenecks in institutions, infrastructure, electricity pricing, PPAs, power dispatch and financing must be addressed together.
From policy and infrastructure to industrial real estate, Vietnam’s FDI advantages are broadening towards a more integrated production ecosystem, offering investors a stronger combination of conditions for high-value, technology-intensive and long-term projects.
As trade expands, systemic bottlenecks across transport networks, warehousing, ports, border gates, and industrial zones are becoming more apparent. Experts emphasise the need to shift from a fragmented, project-by-project approach toward strategic management structured around trade corridors and integrated supply chains.
The company will buy non-performing loans from credit institutions and foreign bank branches, recover and dispose of debts and collateral, restructure loans and support lenders in resolving bad debts.
Do Ngoc Hung, Trade Counsellor and head of the Vietnam Trade Office in the US, said what stands out is not only the growth in trade volume but also the increasingly deep economic ties between the two countries.
According to the Ministry of Finance, State budget revenue in the first eight months of 2026 was estimated at 2.02 quadrillion VND (77.7 billion USD), equivalent to 80% of the annual estimate and up 16% year-on-year. Domestic revenue reached 1.75 quadrillion VND, accounting for 86.6% of total revenue and rising 16.6%.
Hanoi aims to achieve average annual export growth of at least 12% during 2026-30, with the city seeking to diversify export markets, boost high-tech and value-added products and reduce reliance on traditional markets.
Great reliance on the state budget and conventional bank lending could put considerable pressure on the financial system, making it necessary to develop new and sustainable sources of funding from both domestic and international capital markets.