Elevating bilateral relations between the two countries through the 2024 Vietnam - US Cooperation Forum

Phương Thảo |

On December 6, 2024, at Rex Hotel Saigon, Ho Chi Minh City, the 2024 Vietnam - US Cooperation Forum was held by the Ministry of Industry and Trade in coordination with the Embassy of the United States of America in Vietnam, the United States Agency for International Development (USAID) and the American Chamber of Commerce in Vietnam. The program was honored to have the participation of UPS Vietnam Joint Stock Company.

The Forum was attended by more than 350 delegates, including leaders of People's Committees, Departments of Industry and Trade, Trade and Investment Promotion Agencies of many provinces and cities, Business Associations and large manufacturing and exporting business communities across the country. Guest speakers were prestigious and experienced experts and managers from Vietnam and the United States.

Anh:
Mr. Ta Hoang Linh - Director of the European - American Market Department - Ministry of Industry and Trade. Photo: Ministry of Industry and Trade

Since 2018, the Vietnam - US Cooperation Forum has become an annual event, a reliable address to provide information and updates on the orientation of building economic, trade and investment development policies of Vietnam and the United States; provide analysis, comments and solutions for businesses; propose solutions to the Government to promote bilateral cooperation. The Forum is also an important opportunity for the business communities of the two countries to meet and seek business cooperation opportunities.

The 2024 Vietnam - US Cooperation Forum focuses on discussing the future of the economic and trade pillars in the overall Vietnam - US Comprehensive Strategic Partnership; the challenges that the Vietnamese economy is facing in the context of complicated trade and geopolitical conflicts in many regions of the world; new trade policy trends that can change the global cooperation space; new policy orientations of the United States and potential areas to promote bilateral economic and trade relations; discussing solutions to adapt to the shifting trend of supply chains, enhancing trade exchanges and attracting investment capital, etc.

This year's Vietnam - US Cooperation Forum took place in the context of profound changes in the economic and social operating models of all countries in the world. At the Forum, experts provided updated information on new US policy trends, thereby offering recommendations, solutions and directions so that businesses can gradually position and build their business strategies in a systematic and effective manner in the context of intertwined opportunities and challenges; contributing to motivating the business communities of the two countries to build strategies to approach and expand import and export markets, promoting trade and investment exchanges between the two countries in a balanced and sustainable manner.

Guest speakers also provided insightful comments on new policy trends in the United States and Vietnam; prospects for the digital economy and energy transition; shared approaches to market development; capacity building, meeting the requirements and technical regulations of the US market; and recommended solutions for deeper participation in US global supply chains.

The forum was highly appreciated by businesses for its connection, creating an additional channel for policy consultation, experience exchange, and information sharing to help businesses plan effective strategies, seize opportunities, and overcome challenges; creating opportunities for the business communities of the two countries to propose to management agencies solutions to enhance import and export activities, and promote trade and investment cooperation between Vietnam and the United States in the future.

Phương Thảo
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