President Lương Cường Urges Stronger US Investment in Vietnam’s Growth and Sustainability
New York, The Gulf Observer: State President Lương Cường has called on the US business community to seize opportunities in Việt Nam, expand their presence, and invest more deeply in diverse sectors, opening a new era of promising and sustainable cooperation between the two countries.
The Vietnamese leader made the remarks during a roundtable with senior executives of major US corporations in New York on Tuesday, held on the sidelines of the 80th Session of the United Nations General Assembly and other bilateral engagements.
The event brought together representatives from leading companies including Amazon, Apple, Boeing, Meta, Coca-Cola, AES, Amway, Vantive, Excelerate Energy, Warburg Pincus, The Asia Group, Atlas Air, and Excel Services Corporation.
Highlighting Việt Nam’s transformation over nearly four decades of “Đổi mới” (Renewal), President Cường recalled the country’s progress from a low-income economy in 1986 to one of the world’s 32 largest economies, with trade turnover now ranking among the world’s top 20. He stressed that Việt Nam’s 30-year partnership with the US stands as a testament to reconciliation and trust, with economic and investment cooperation serving as a central pillar. Bilateral trade reached nearly USD 140 billion in 2024.
The President outlined Việt Nam’s long-term vision of becoming a high-income developed nation by 2045. He pointed to ongoing institutional reforms, improvements in human resources, upgraded infrastructure, and digital transformation as key drivers of growth. He also underlined major legal reforms and initiatives to promote innovation, renewable energy, and the green economy.
Reaffirming the government’s commitment, President Cường assured US investors of Việt Nam’s determination to create a transparent, open, and investor-friendly environment, encouraging them to choose the country as a long-term partner.
US business leaders welcomed Việt Nam’s progress, praised its forward-looking development agenda, and expressed confidence in its future as a top investment destination. They pledged to expand cooperation across multiple sectors, particularly in digital transformation, exports, innovation, and sustainable development.
