Increased investment would help "build a new era of cooperation that is rich in potential and sustainable," the visiting leader said during a meeting in New York, the U.S., Tuesday with executives from leading U.S. corporations including Amazon, Apple, AES, Amway, Boeing, Warburg Pincus, Meta, Coca-Cola.

Vietnam State President Luong Cuong (standing) speaks at a meeting with U.S. business executives in New York on Sep. 23, 2025.

The president is in the U.S. as part of the High-Level General Debate of the 80th session of the United Nations General Assembly. His working trip, scheduled between Sept. 21 and 24, also includes bilateral activites.

Vietnam had transformed from an inefficient economy with a per capita income below $100 in 1986 to one of the world’s top 32 economies and 20 largest trading nations.

It had signed 17 free trade agreements involving over 60 major economies.

The evolution of Vietnam-U.S. relations over the last 30 years had been "a journey of reconciliation and trust-building between the two countries."

"Economic, trade, and investment cooperation have always been foundational pillars."

Bilateral trade had reached $140 billion, with many major U.S. corporations now operating successfully in Vietnam.

Vietnam targeted high-income developed country status by 2045, and to this end had implemented institutional reforms, enhanced workforce quality and built major infrastructure, all "key drivers of development."

Restructuring at the local government level had been completed on July 1 to ensure streamlined and efficient administration.

Significant legal revisions had been made to usher in a transparent and open business environment.

The government was also advancing a national digital transformation strategy, reforming administrative procedures, developing e-government services and promoting innovation, the green economy and renewable energy.

The executives praised Vietnam’s development strategy, expressing confidence the country would become an increasingly attractive destination and promising sustained investment there.

Bac Ninh accelerates public investment disbursement to drive economic growth

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Bac Ninh accelerates investment in major university projects

BAC NINH - The Bac Ninh provincial authorities on September 18 reviewed progress on several university construction projects in the southern area of the Cau River, urging institutions to speed up site clearance and begin work by early 2026.

Vietnam, Italy push trade-investment ties to new height

Highlighting the huge potential for collaboration in the areas of economy, trade, and investment, Thang called on Italian businesses to contribute expertise, capital and credibility to support Vietnam’s pursuit of green and sustainable finance, high technology and innovation-driven growth.

 

Vietnam sees rising European investment inflows

European investments are gravitating towards emerging sectors such as clean energy, high technology and logistics, with the aim of positioning Vietnam as a regional transhipment hub.

 

Bac Ninh tops Vietnam in foreign investment inflows

BAC NINH - Bac Ninh province has emerged as Vietnam’s leading destination for foreign direct investment (FDI) in the first eight months of 2025, attracting more than 4.5 billion USD in newly registered and adjusted capital, outpacing traditional industrial hubs across the country.

Ministry introduces reforms to attract foreign investment, accelerate upgrade

By aligning regulatory frameworks more closely with international practices, the Vietnamese Government expects to create a more transparent, efficient and investor-friendly market environment.