US BUSINESS MISSION TO VIETNAM, DEC. 01 TO DEC. 08, 2024 - OBJECTIVES

In the afternoon of September 26, Mr. Vo Van Hoan, Vice Chairman of the Ho Chi Minh City People's Committee, received Mr. Mark Chandler, Deputy Mayor, Director of Foreign Trade of the Mayor's Office of San Francisco City (USA) on the occasion of attending the Ho Chi Minh City Friendship Dialogue and Ho Chi Minh City Economic Forum 2024.

 At the meeting, the two sides discussed the challenges of industrial transformation and the application of artificial intelligence (AI) in economic and social life.

Mr.  Vo Van Hoan affirmed that AI is no longer a trend but has been present in daily life and is developing very quickly. At the inauguration ceremony of the Industrial Revolution 4.0 Center within the framework of the Ho Chi Minh City Economic Forum, Prime Minister Pham Minh Chinh affirmed that the task of Ho Chi Minh City is to design policies for the Government to promulgate and deploy in the city first. 

For the Center to operate effectively and apply AI in management and operation, Ho Chi Minh City plans to send a delegation to San Francisco to learn from experience and share knowledge about regulations, processes, standards, and ways to manage and operate using AI, especially in the fields of health, education, and urban transportation.

 According to Mr. Mark Chandler, the San Francisco city government has always strongly supported industries through establishing artificial intelligence platforms and favorable conditions for businesses to operate. Mr. Mark Chandler affirmed that the city of San Francisco is ready to welcome the delegation, learn, exchange, and find the best solutions to respond to the rapid changes of AI to serve the operation, management of the government and the lives of the people.

Note: Mr. Mark Chandler is a member of the Advisory Board of the US-Vietnam Business Council 

Source:  SGGPO September 26, 2024 

https://www.sggp.org.vn/tphcm-va-tp-san-francisco-hoa-ky-hop-tac-phat-trien-tri-tue-nhan-tao-post760893.html#lg=1&slide=0 

WASHINGTON, Aug. 28, 2024 – Under Secretary for Trade and Foreign Agricultural Affairs Alexis M. Taylor will lead a U.S. Department of Agriculture trade mission to Ho Chi Minh City and Hanoi, Vietnam, Sept. 9-13, joined by representatives from 58 agribusinesses and organizations and nine state governments that represent the diversity of U.S. agriculture. 

“Vietnam’s continued economic growth, ongoing reform and young population have combined to create a dynamic and quickly evolving environment for high-quality and diverse American agricultural products,” said Taylor. “Our collaboration has secured market access for a variety of American products, including most recently stone fruit and grapefruit.” 

Vietnam and the rest of Southeast Asia holds immense opportunity for U.S. exporters, with rising consumer incomes, growing middle class populations and favorable perceptions of U.S. food and agriculture. In 2023, the United States exported $3.1 billion of agricultural products to Vietnam. 

As the third-largest supplier of food and farm products to Vietnam, the United States holds sizable market share across several categories, including bulk commodities such as cotton, soybeans and distillers grains, as well as consumer-oriented products such as tree nuts, dairy, poultry and fresh fruit.   

On the trade mission, Under Secretary Taylor will be joined by officials representing the California, Indiana, Minnesota, Missouri, Montana, Nebraska, North Carolina, Tennessee and Wisconsin departments of agriculture, as well as representatives from the following business and organizations.

For more information about this and other USDA trade missions, visit: https://fas.usda.gov/topics/trade-missions. 

Friday, August 2, 2024

Today, the U.S. Department of Commerce (DoC) announced its  determination that Vietnam will continue to be classified as a  non-market economy (NME) country for purposes of calculating U.S.  antidumping duties (ADs) on imports from Vietnam. This finding means  that the methodology used in calculating U.S. antidumping duties on  imports from Vietnam remains the same.

Public comment is a hallmark of DoC’s trade remedy process. As  part of this proceeding, DoC received over 36,000 pages of comments  from U.S. domestic industries as well as the Government of Vietnam.  DoC  appreciates and commends U.S. domestic industries as well as  Government of Vietnam’s extensive participation in DoC ’s  transparent, quasi-judicial process. This determination was based on a  thorough evaluation of all the comments submitted.

DoC’s NME methodology is an important tool used to ensure that  DoC’s dumping calculations reflect economic realities in the market  and that U.S. industries get the relief from unfair imports that they  are entitled to under the law. 

Despite Vietnam’s substantive reforms  made over the past 20 years, the extensive government involvement in  Vietnam’s economy distorts Vietnamese prices and costs and ultimately  render them unusable for the purpose of calculating U.S. antidumping  duties. 

DoC will continue to use market-based prices and costs from  a country at a comparable level of economic development to Vietnam that  produces comparable merchandise to calculate ADs.

This public decision can be found by referring to case number  A-552-833 in DoC’s Antidumping and Countervailing Duty Centralized  Electronic Service System (ACCESS) at access.trade.gov.advantages and bring economic benefits to them, helping to realise the  bilateral comprehensive strategic partnership.
 

Source: 

https://vn.usembassy.gov/department-of-commerce-final-decision-in-review-of-the-non-market-economy-status-of-vietnam/

 Hanoi (VNA) - Prime Minister Pham Minh Chinh hosted a  reception in Hanoi on December 7 for President of the US Semiconductor  Industry Association (SIA) John Neuffer and leaders of major US  semiconductor companies such as Intel, Qualcom, Ampere and ARM, who are  on a working visit to Vietnam.
 

PM Chinh told them that in the  recently-established comprehensive strategic partnership, Vietnam and  the US have agreed to make science-technology and innovation a new  important pillar in their relationship. Therefore, it is necessary to  mobilise resources and brainpower and prioritise certain focal areas for  Vietnam, particularly the semiconductor industry in which Vietnam has  considerable potential and advantages.
 

He believed that  cooperation in the semiconductor industry will open up numerous  opportunities for businesses of both nations to tap their respective  advantages and bring economic benefits to them, helping to realise the  bilateral comprehensive strategic partnership.
 

Vietnam is  building a human resources development strategy and project along with  suitable incentives to attract leading foreign semiconductor  manufacturers, designers and developers to the country, the government  leader stressed.
 

Currently, Vietnam has around 6,000 engineers  working in the semiconductor industry for both domestic and foreign  enterprises, he said, adding the country aims to train 50,000  highly-skilled engineers between now and 2030, with a particular focus  on those specialising in semiconductor chip design.
 

Vietnam  sends nearly 30,000 students to the US each year, leading Southeast  Asian countries and ranking in the top 5 countries with the highest  number of international students in the US. About 2.2 million overseas  Vietnamese are also living in the US, he said.
 

He proposed SIA  push forward the US's early recognition of Vietnam's market economy  status and eliminate unnecessary controls in technology transfer. He  urged for enhanced cooperation in technology transfer, research,  production, workforce training, building of laboratories, and support  for Vietnamese firms to join the US’s global semiconductor supply chain.  
 

The PM also called for collaboration in building and  fine-tuning mechanisms and policies to sustainably develop the  semiconductor industry.
 

The Ministry of Planning and Investment  was assigned to work with relevant ministries to continue with specific  joint tasks with SIA.
 

Neuffer, for his part, spoke highly of  Vietnam's significant and impressive progress in the semiconductor  industry, making it a crucial destination and a key player in the  semiconductor supply chain.
 

Vietnam is the most attractive  destination for US investors in the semiconductor industry and could  play the role as a strategic partner in the supply of workforce, he  said.
 

Informing the host about the results of his working  sessions with relevant Vietnamese agencies, he said US enterprises are  eagerly waiting for Vietnam's national semiconductor strategy. He  believed that Vietnam will play an even more crucial role in the global  supply chain, quickly seizing emerging opportunities in this field,  especially in chip design, which does not require as much investment as  manufacturing.

The US businesses are ready to strengthen  relations, boost investment and cooperate with Vietnam in the  semiconductor industry, especially in training talents and high-quality  workforce, contributing to promoting mutually beneficial relations  between the two countries, he added.

Founded in 1977, SIA gathers  a network of member companies accounting for up to 99% of the  semiconductor industry's revenue in the US, with two-thirds from foreign  enterprises. It has played a proactive role in prompting the US to  foster cooperative efforts in developing Vietnam's semiconductor  ecosystem./.

Source: www.vietnamplus.vn

Hanoi, 28/10/2023 -  "Hội đồng Kinh  doanh Mỹ - Việt (UVBC) sẽ hỗ trợ các doanh nghiệp nhỏ và vừa tại Mỹ cũng  như tại Việt Nam trong việc tìm kiếm và triển khai các cơ hội hợp tác  kinh doanh giữa Mỹ và Việt Nam". Ông Trịnh Trung - Giám đốc điều hành  Hội đồng Kinh doanh Mỹ - Việt đã phát biểu như vậy tại buổi chia sẻ  thông tin với Câu lạc bộ doanh nghiệp Việt - Mỹ (Hội Việt - Mỹ) vào ngày  28/10.    

Sự  kiện thu hút nhiều doanh nghiệp là thành viên Câu lạc bộ doanh nghiệp  Việt - Mỹ và đối tác của Hội đồng Kinh doanh Mỹ - Việt tại Việt Nam tham  dự.

Phát biểu đề dẫn, ông Nguyễn  Hải Giang - Phó Chủ tịch Hội Việt - Mỹ, Chủ nhiệm Câu lạc bộ Doanh  nghiệp Việt - Mỹ cho biết, buổi chia sẻ thông tin này là cơ hội để các  doanh nghiệp Việt Nam tìm hiểu, nắm bắt thông tin về Hội đồng Kinh doanh  Mỹ - Việt, qua đó có cơ hội kết nối, tìm kiếm cơ hội làm ăn với các  doanh nghiệp nhỏ và vừa ở Mỹ.

"Chúng  tôi muốn giúp các doanh nghiệp nhỏ và vừa tại Mỹ và Việt Nam hiểu về  văn hóa của nhau, nắm bắt kinh nghiệm kinh doanh, đầu tư vào thị trường  Mỹ và ngược lại", ông Trịnh Trung nói. Hiện có hai lĩnh vực Hội đồng  Kinh doanh Mỹ - Việt đang đặt trọng tâm là nông nghiệp công nghệ cao và  công nghệ công tin.

 Cũng trong ngày 28/10, lãnh đạo Hội Việt - Mỹ đã có buổi tiếp đại diện Hội đồng Kinh doanh Mỹ - Việt đang ở thăm Việt Nam.

Tại  buổi tiếp, Đại sứ Phạm Quang Vinh - Chủ tịch Hội Việt - Mỹ đã giới  thiệu về vai trò, hoạt động Hội và cho biết, bên cạnh các hoạt động đối  ngoại nhân dân, Hội mong muốn thúc đẩy hợp tác giữa doanh nghiệp hai  nước và sẵn sàng hỗ trợ Hội đồng Kinh doanh Mỹ - Việt kết nối với các  doanh nghiệp, các địa phương của Việt Nam, qua đó góp phần tăng cường  quan hệ giữa Việt Nam và Mỹ.

Hanoi Dec.30, 2023 -US Ambassador to Vietnam Marc Knapper reaffirmed that Washington and Hanoi share a common vision for the region and said the two countries' economies are more connected than ever when reviewing achievements in US relations. -Vietnam in the past year. 

In a video released by the US Embassy in Vietnam on December 29, Mr. Knapper called 2023 a "great" year for relations. between the United States and Vietnam, from former enemies to comprehensive strategic partners. 

Mr. Knapper mentioned what he called President Joe Biden's "historic" visit to Hanoi in September as the most important event in relations between the two countries in the past year.

​

During this visit, President Biden and General Secretary Nguyen Phu Trong raised US-Vietnam relations to the highest level of partnership. Vietnam's two-level upgrade, making the US an equal partner with China in its diplomatic relations system, is unprecedented. 

Economic - trade - investment cooperation is a high priority area in bilateral relations. The US remains Vietnam's largest export market and Vietnam has become the US's 7th largest trading partner. 

Trade growth between the two countries increases from 450 million USD in 1995 to more than 123 billion USD in 2022.Accumulated to 2023, the US ranks 11th among investors in Vietnam with about 1,200 projects, total capital of nearly 11.4 billion USD. 

Vietnam currently has 230 investment projects in the US, with a total registered capital of 1.26 billion USD.

Source: VOA . Dec. 30, 2023  

 San Jose, October 26 , 2023 – The First International Forum/Mission on AgTech and Food Industry  in Vietnam was successfully concluded on Oct. 21, 2023. 

The Forum was organized on Oct. 16, 2023 by the Center of Vietnam Science & Technology Promotion of the Ministry of Science and Technology in Ha Noi, Vietnam in cooperation with the US-Vietnam Business Council (UVBC) in San Jose, California and the Australia Vietnam Business Council (AVBC).

In addition to the forum, International AgTech executives were also introduced to government officials of the Ministry of Agriculture and Rural Development, the Ministry of Planning and Investment.  The  topics discussed  included  opportunities to assist Agri-related SMEs in Vietnam to apply AgTech in their operations in order to increase their production and also their competitiveness in the Global Food markets.

To identify and develop business opportunities, international participants were also involved in a number of one-to-one meetings with private companies which included : the TTC Agris Group, Vinashrimp Company, Mai Chau Hydroelectric Company, Mimosa Tek, NextFarm, and Rynan Technologies. 

In brief, the Int’l Forum and Mission on AgTech and Agri Development in Vietnam has created a solid platform in which the Int’l executives and Vietnamese companies/organizations can rely on to further their cooperation to implement mutually beneficial projects in the near future.

San Jose, Feb. 20, 2023 – Mr. Trung Trinh, President of the US-Vietnam Business Council (UVBC) will lead the first UVBC sourcing mission to Vietnam  from March 10 to April 5, 2023. 

The mission participants include UVBC business members who are sourcing artcraft/handicraft and metal products made in Vietnam to be distributed in the US market. 

They are Bryson Distributing located in Eugene, OR, Digital Marketing Service, Grand Rapids, MI and Consolidated Bearings Company headquartered in Cedar Knolls, NJ. 

In addition to meeting with various manufacturers in and around Ha Noi and Ho Chi Minh City, the mission will also meet with various international cooperation organizations in Vietnam to identify and develop specific projects in Vietnam and in the United States .

Washington DC, July 15, 2022 – Mr. Trung Trinh, President of the US-Vietnam Business Council (UVBC)  led a group of  UVBC members to meet with the Hon. Nguyen Quoc Dzung, Ambassador of Vietnam to the US on July 15, 2022.

The meeting objective is to introduce the Council and its services to the Ambassador. It is also to ask for the support from the Ambassador and the Embassy staff on the council future activities .

In addition to the Ambassador, participants from the Embassy staff included Mr. Bui Huy Son, Mr. Do Hung, Counselors of the Vietnam Trade Office, and Mr. To Tuan, Counselor of the Chief Economic Officer. 

Besides Mr. Trinh, the Council President, members of the Council participated in the meeting included: Mr. Kevin Morgan, CEO of Academic Language Solutions, Guilford, CT, Mr. Sean Lam, VP of International Programs of IM Systems Group, Rockville, MD, Mr. Ken Cooper, Chairman of the Access American Education, Philadelphia, PA and Dr. Uyen Nguyen, CEO of Agriculture & Automation Services based in Quang Trung Software Park, HCM City, Vietnam.

The meeting was concluded with the Ambassador's remarks that the Embassy of Vietnam in the US will be willing to support  UVBC in carrying out any project that promote and strengthen  the Vietnam-US relationship in business cooperation as well as in cultural, educational exchange programs.