Vietnam
From March 18 to 21, the Council spearheaded a delegation of 50 leading US companies to Hanoi for its 2024 Vietnam Business Mission. It was the largest US business delegation to Vietnam after the historic elevation of Vietnam – United States relations to a Comprehensive Strategic Partnership. During the mission, the delegation had fruitful discussions with key government officials in Vietnam, including meetings with Prime Minister Pham Minh Chinh, Chairman of the National Assembly Vuong Dinh Hue, and several ministers, such as ministers of the Ministry of Planning and Investment, the Ministry of Industry and Trade, the Ministry of Information and Communications, among others.
(Hanoi, Vietnam) From December 12 to 14, 2023, the US-ASEAN Business Council (US-ABC) organized its inaugural Digital Economy Mission to Vietnam, bringing a delegation of American technology industry representatives to Ha Long and Hanoi. The delegation was co-led by Amb. Brian McFeeters, Senior Vice President and Regional Managing Director of US-ABC, and the Council’s ICT Committee Chair - Mr. Seow Hiong Goh, Executive Director of Global Policy & Government Affairs in the Asia Pacific region for Cisco Systems, Inc.The Mission came at an important time in the U.S.-Vietnam relationship, following the upgrade of U.S.-Vietnam relations to a Comprehensive Strategic Partnership in September, with Science, Technology, Innovation, and Digital Cooperation identified as one of the “new breakthroughs” of the partnership.
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Frequently Asked Questions
The US-ASEAN Business Council is a trade organization that serves as the premier advocacy group for U.S. businesses operating within the Association of Southeast Asian Nations (ASEAN) region. Its primary mission is to foster economic growth, trade, and investment between the United States and ASEAN member countries, including Vietnam. The Council plays a crucial role in facilitating dialogue between the private sector and governments to address business-related issues and enhance collaboration.
The Council provides a platform for American companies to engage with Vietnamese government officials and key stakeholders. Through various initiatives, such as trade missions, conferences, and business roundtables, the Council facilitates networking opportunities and promotes a conducive business environment. It also advocates for policies that benefit U.S. businesses operating in Vietnam, aiming to create a favorable and transparent regulatory framework.
The Council's engagement spans various sectors, including finance, technology, energy, healthcare, and more. It tailors its efforts to address the specific needs and interests of its member companies. The goal is to promote a diverse range of economic activities and partnerships between American businesses and their Vietnamese counterparts, contributing to the overall growth and development of both economies.
The Council actively collaborates with Vietnamese government officials and relevant stakeholders to identify and address challenges faced by U.S. businesses operating in Vietnam. By advocating for policy reforms, regulatory transparency, and fair trade practices, the Council aims to create a more conducive and attractive business environment. This collaborative approach helps foster economic development and strengthen the bilateral economic relationship between the U.S. and Vietnam.
Yes, Vietnamese businesses can benefit significantly from engaging with the Council. The organization provides a platform for collaboration, knowledge sharing, and networking between American and Vietnamese enterprises. By participating in Council-led initiatives, Vietnamese businesses can explore potential partnerships, gain insights into best practices, and navigate the complexities of international trade. The Council's activities contribute to fostering a robust and mutually beneficial economic relationship between the U.S. and Vietnam.
