More than 60 U.S. companies come to Vietnam to seek investment cooperation opportunities

From March 18 to 20, 2025, the US-ASEAN Business Council (USABC) spearheaded a delegation comprising of representatives from 64 U.S. companies, including senior executives of 58 leading groups, to Hanoi for its 2025 Vietnam Business Mission, followed by the Health & Life Sciences Industry Mission from March 20 to 21.

This marked the largest U.S. business delegation to Vietnam to date.

According to the Council’s President and CEO Ted Osius, who is former U.S. Ambassador to Vietnam, the record number of US businesses visiting Vietnam this time reflects the strong confidence of US businesses in Vietnam's future; the commitment of businesses to expand trade and investment in Vietnam. The US is currently the second largest trading partner of Vietnam, and Vietnam is the 8th largest partner of the US. Therefore, the opportunities ahead of businesses from the two countries are still very large.

"Amidst the uncertainty of global trade, including the risk of tariffs on Vietnam, the U.S. business community remains steadfast and committed to promoting a stable, mutually beneficial trade relationship," Mr. Osius affirmed. "We recognize the challenges ahead, but also recognize the enormous potential for deeper cooperation between our two countries."

At a press conference held in Hanoi on this occasion, Ms. Mary Tarnowka, Strategic Advisor of Pacifico Energy Group, shared the group's investment plans  in Vietnam in the coming time. 

Pacifico Group expressed its excitement at the opportunity to expand its energy investments in Vietnam to support Vietnam’s ambitious growth and sustainable development goals, while promoting turbine exports from the United States. Pacifico wishes to become a reliable partner and companion of Vietnam, especially in the field of offshore wind power. "Pacifico hopes to be able to pioneer cooperation to exploit this huge natural resource, while enhancing energy security and paving the way for future investors," Ms. Tarnowka said.

Ms. Nguyen Thu Thao, Director of Public Policy, in charge of Vietnam, Laos, and Cambodia of Meta in Singapore also shared Meta's upcoming plans and affirmed its commitment to long-term investment in Vietnam.

Especially, in 2025, Meta plans to promote cooperation with partners to create the largest database ever to ensure training, fine-tuning, and evaluation of AI models and big data so that in the future, AI tools deployed in the Vietnamese market will be in Vietnamese and serve Vietnamese consumers.

The businesses that join the delegation include Apple, Intel, Nike and Coca-Cola, along with businesses looking to expand investment such as Boeing, Amazon and Bell Textron.

Also present were Excelerate Energy, a supplier of floating liquefied natural gas stations, and GE Vernova, both of which have just signed preliminary agreements with Vietnamese partners to supply gas equipment. Boeing, the world’s leading commercial aircraft manufacturer with a deal for up to 250 aircraft for two Vietnamese airlines, and major U.S. financial groups such as JPMorgan, Visa, Mastercard and Warburg Pincus also joined the delegation.

This year’s mission held particular significance as the US and Vietnam celebrate celebrate 30 years since the normalization of relations. Over the past three decades, the partnership has grown from a developing trade relationship to a thriving, multi-dimensional collaboration spanning diplomacy, security, education, and—most notably—business and
investment.

The mission brings together a diverse group of industry leaders eager to support Vietnam’s transition to a new phase of economic growth, including companies from sectors where the U.S. plays a global leadership role, such as information technology, financial services, logistics, manufacturing, energy, aerospace and defense, healthcare, consumer products, and food and agriculture.

Throughout the three-day mission, the USABC delegation will hold key meetings with senior leaders from both the Communist Party of Vietnam (CPV) and the Government.

“As Vietnam embarks on a new chapter with a fundamentally reformed and streamlined political system, the U.S. business community looks forward to the positive impact of these changes and to exploring the opportunities ahead,” said Mr. Osius. “I am honored to lead the largest-ever delegation of American executives on this mission. Their contributions have been instrumental in strengthening and expanding the US-Vietnam economic relationship. The mission provided an opportunity for industry to demonstrate long-term commitment, emphasize the breadth of U.S. business interests in Vietnam, and reinforce the importance of close cooperation between the Vietnamese government and U.S. businesses.”