Vietnam to Enhance Cooperation with US in Semiconductors and EVs

US companies are committed to strengthening dialogue and cooperation with Vietnam's Ministry of Public Security, supporting the country's development objectives while contributing to the deepening of the Vietnam–US Comprehensive Strategic Partnership for the mutual benefit of both governments, businesses and peoples. Regarding the semiconductor sector, Dung said Vietnam is promoting the development of a comprehensive ecosystem, gradually expanding its role in chip design, packaging, testing, materials production and equipment manufacturing, while focusing on high-quality human resources and attracting strategic investors. Vietnam considers the US one of its most important partners, the top leader said, expressing his wish that the bilateral relationship will continue to grow in line with the Comprehensive Strategic Partnership, with economic, trade and investment ties as the main engine and sci-tech cooperation as a new breakthrough. This marks SPA’s debut in the Skytrax international airline awards and rankings. In the World’s Top 100 Airlines ranking, the carrier climbed 57 places from 156th in 2025 to enter the top 100 for the first time. With joint funding mechanisms, clear coordination channels and market-driven projects, technology cooperation between Vietnam and Canada could move beyond the exchange of ideas, turning the two countries' complementary strengths into a shared innovation ecosystem and creating fresh momentum for bilateral economic ties. With growth approaching 30% year on year, Vietnam’s trade flows remain robust, driven by strong demand for consumer goods and production materials. Processing and manufacturing, particularly electronics, machinery and equipment, continued to drive export growth. In addition to coffee, he said Vietnamese packaged food, beverages and fruit are competitive, with reasonable prices providing an advantage. Building sufficiently large-scale import chains between businesses of the two countries could help expand sales and lay the foundation for long-term commercial cooperation, he added. Forbes Vietnam has officially honoured Vietjet in its Top 50 Listed Companies in Vietnam for 2026, recognising enterprises that excel in business performance, capital efficiency, management capabilities, and long-term growth prospects. For the first commercial flight, core facilities, including the terminal, runway, apron, connecting transport, power and water systems, information technology, baggage handling and safety systems, must be completed and thoroughly tested. Mega-city cannot be created simply by combining three localities but must connect their resources into an integrated whole that generates value greater than the sum of its parts, said Prof. Dr. Nguyen Duc Thuan, Chairman of the Vietnam Association of Corporate Directors. Held for the first time in Tuyen Quang, the festival runs from September 18 to 24 along Chien Thang Song Lo street in Minh Xuan ward, featuring 120 booths operated by businesses and cooperatives from 17 provinces and cities nationwide. It also includes six shared booths showcasing Tuyen Quang’s traditional crafts and 30 food stalls linked with the beer festival. In the seventh year of implementing the EVFTA, the EU has completed its tariff liberalisation schedule, bringing import duties on approximately 99% of tariff lines for Vietnamese goods to zero. The development is expected to strengthen the competitiveness of Vietnamese businesses in the European market, but also requires them to improve their ability to meet increasingly strict market standards. As ring roads, metro lines and airport connectivity infrastructure are gradually completed in the coming years, demand for housing, industrial property, retail space and hotels is expected to expand beyond traditional urban centres. As trade expands, systemic bottlenecks across transport networks, warehousing, ports, border gates, and industrial zones are becoming more apparent. Experts emphasise the need to shift from a fragmented, project-by-project approach toward strategic management structured around trade corridors and integrated supply chains. With the current trading band of +/- 5%, the ceiling rate applicable for commercial banks during the day is 26,919 VND/USD, and the floor rate 24,355 VND/USD. The rapid adoption put Vietnam ahead of Thailand and Indonesia and above the global average of about 25%, highlighting the speed at which EVs have gained ground in a market close to zero in 2020. The company will buy non-performing loans from credit institutions and foreign bank branches, recover and dispose of debts and collateral, restructure loans and support lenders in resolving bad debts. At a meeting with local authorities, Korean businesses expressed interest in cooperation in aviation technology applications, high-tech human resources training, technology transfer, innovation, and ICT. Red Bull expressed confidence in the development prospects of the Vietnamese market and said it hopes to continue seeking and expanding connections with Vietnamese partners to explore specific cooperation opportunities. As a favourite destination for Korean tourists, the city can also use tourism as a bridge to deepen cultural and business links between the two countries, said Vietnamese Ambassador to the RoK Vu Ho. Do Ngoc Hung, Trade Counsellor and head of the Vietnam Trade Office in the US, said what stands out is not only the growth in trade volume but also the increasingly deep economic ties between the two countries. Experts say e-commerce has given young people a major advantage, allowing them to start small while reaching large markets. However, for this advantage to become a lasting springboard, they need to be equipped simultaneously with technology, business skills and legal knowledge. Deputy State Auditor General Ha Thi My Dung affirmed that the SAV remains ready to make active contributions to ASOSAI initiatives and activities, fulfil its responsibilities as a member of the Audit Committee for the 2024-2027 term and work towards joining the ASOSAI Governing Board. Copyright, VietnamPlus, Vietnam News Agency (VNA) Editor-in-chief, Mr. Tran Tien Duan.