Vietnam’s finance minister-led delegation to attend SelectUSA Investment Summit

Minister Thang announced the upcoming mission during a meeting with U.S. Ambassador to Vietnam Marc E. Knapper at the Ministry of Finance headquarters on Thursday. The discussion focused on deepening bilateral cooperation and addressing shared economic concerns.

Thang thanked Ambassador Knapper and the U.S. Embassy for their support, describing it as a reflection of the increasingly substantive and effective progress in the Vietnam-U.S. comprehensive strategic partnership, established in September 2023.

Appointed by Prime Minister Pham Minh Chinh to lead the delegation, Thang highlighted that the size and scope of this year’s group reflect Vietnamese enterprises’ strong interest in the U.S. market and their desire to deepen economic ties.

The four-day annual SelectUSA Investment Summit is the premier U.S. event for promoting inbound business investment. 

It brings together thousands of investors, companies, economic development organizations, and industry experts from around the globe.

Advancing fair, sustainable cooperation

In addition to participating in the summit, Minister Thang and his delegation will meet with U.S. government agencies, business associations, and major firms in sectors such as semiconductors, high tech, startups, banking, green finance, and digital finance.

Through these engagements, Vietnam aims to demonstrate its commitment to promoting bilateral trade and investment on the basis of fairness, mutual benefit, and long-term sustainability—particularly as global trade policies and market conditions continue to evolve.

Ambassador Knapper welcomed Vietnam’s robust delegation, noting that its strong presence reflects a pivotal moment in Vietnam–U.S. relations. 

He emphasized that 2025 marks the 30th anniversary of diplomatic ties between the two countries—a fitting time to further strengthen economic cooperation.

Minister Thang expressed confidence that with Ambassador Knapper’s continued leadership and close collaboration across all relevant parties, the two sides would continue building a productive, enduring, and high-impact trade and investment partnership.

The meeting comes amid ongoing trade and tariff negotiations between Vietnam and the U.S..

On April 3, the U.S. announced a 46-percent reciprocal tariff on Vietnamese imports.

Although initially scheduled to take effect on April 9, implementation was postponed by 90 days to allow for bilateral talks.

In the first quarter of 2025, Vietnam exported US$31.4 billion worth of goods to the U.S., up 22 percent year on year.

Its imports from the U.S. totaled $4.1 billion, a 21-percent increase, the Vietnam Government Portal reported.