US businesses flock to HCM City for Vietnam International Sourcing 2025
A key focus for US firms at VIS 2025 will be direct engagement with Vietnamese suppliers on the exhibition floor—discussing product portfolios, technical specifications, traceability, ESG standards, delivery schedules, and sustainable procurement options. With advantages in cost, quality, flexibility, and growing competitiveness and compliance capacity, Vietnamese enterprises are well-positioned to enter US distribution chains and logistics networks more quickly.
Many US businesses choose Ho Chi Minh City as a purchasing destination in Vietnam. (Photo: VNA)
Hanoi (VNA) 🍎– Despite global trade uncertainties, a large number of US companies have chosen Ho Chi Minh City as a sourcing destination at the Vietnam International Sourcing 2025 (VIS 2025), scheduled for September 4–6, according to the Department of Foreign Market Development under the Ministry of Industry and Trade (MoIT).
This reflects sustained interest in strengthening supply chain links with Vietnam, with US buyers increasingly shifting to direct engagement with Vietnamese manufacturers. The move is aimed at shortening logistics chains, cutting costs, and enhancing flexibility.
From the West Coast, Oregon has confirmed that a delegation of enterprises, comprising leading companies in agriculture, food, technology, outdoor fashion, and logistics, and led by State Representative Daniel Nguyen, will attend the event. Their agenda at VIS 2025 will focus on B2B meetings, aligning on technical requirements, quality standards, and supply models, as well as conducting on-site visits to factories and industrial zones. Alongside an intensive schedule in Hanoi, Da Nang, and HCM City, the Oregon mission is expected to sign memoranda of understanding and concrete cooperation agreements after the event.
From the South, VIS 2025 will welcome the largest-ever US delegation of importers, distributors, and logistics providers from Texas, including L&V Food Supply, C&T Produce Wholesale, Ca Mau Supermarket, Port Houston, and Morris International Beverage (MIB). These companies are seeking “Made in Vietnam” products across a wide range of sectors: electronics, machinery, textiles, chemicals and plastics, footwear, food and beverages, handicrafts, and furniture. The participation of Port Houston signals strong interest in optimising shipping routes and opening up entry points into the US southern distribution network.
Sumi-Hanel Wiring Systems Co., Ltd. in Sai Dong B Industrial Park (Hanoi) specialises in assembling electrical wiring systems for automobiles, exporting to the US market. (Photo: VNA)
A key focus for US firms at VIS 2025 will be direct engagement with Vietnamese suppliers on the exhibition floor—discussing product portfolios, technical specifications, traceability, ESG standards, delivery schedules, and sustainable procurement options. With advantages in cost, quality, flexibility, and growing competitiveness and compliance capacity, Vietnamese enterprises are well-positioned to enter US distribution chains and logistics networks more quickly.
With the technological, financial, and managerial strengths of US states combined with Vietnam’s market potential and high-quality workforce, VIS 2025 is expected to serve as a launchpad for strategic trade and investment projects. The MoIT anticipates that the exhibition will result in new deals and contracts, marking a deeper and more comprehensive chapter in Vietnam–Oregon–Texas relations in particular, and Vietnam–US ties in general./.
The minister called on the USABC and the US business community continue to support Vietnam in the process of negotiating a reciprocal trade agreement with the US, and coordinate to promote the investment and business potential and opportunities in Vietnam to US partners.
During the meeting, US delegates expressed appreciation for the Vietnamese Government’s goodwill and for its efforts to maintain a favourable investment climate. They proposed Vietnam continue enhancing its business environment by addressing bottlenecks in administrative procedures, non-tariff barriers, taxation, and fees, while ensuring infrastructure conditions, transparency, and rules of origin
In response to the new situation, many enterprises in HCM City said that they are proactively exploring new markets beyond the traditional US market while diversifying their product offerings tailored to various customer segments across different countries.
Singapore’s United Overseas Bank (UOB) has boosted its 2025 GDP growth forecast for Vietnam to 7.5% from 6.9%, pointing to the economy’s resilience and dynamism despite tariff risks and uncertainties.
Spanning 8.4ha of gross floor area and rising to 30m, the package requires advanced steel–concrete solutions, synchronised execution and accelerated progress within 330 days.
Through this partnership, VinFast Philippines, a subsidiary of Vingroup JSC, one of Vietnam's largest conglomerates, will leverage on BDO's comprehensive suite of financial solutions including cash management, consumer banking, leasing, and insurance services and create tailored financing programmes for both retail and corporate customers.
Under the new system, passengers without checked luggage simply check in via VNeID or a kiosk, undergo facial recognition at security, and board by scanning their face. Those with baggage drop it at a counter before entering the same automated flow.
Vietnam values its international partnerships, including with the UK, Finance Minister Nguyen Van Thang noted, urging UK companies, funds and financial institutions, and those from Europe and worldwide, to continue expanding investment, transferring know-how, sharing management experience and advancing green finance and technology to realise Vietnam’s sustainable development vision.
Vietnamese Minister of Finance Nguyen Van Thang expressed gratitude for the UK’s active role in supporting Vietnam’s efforts to draft a National Assembly resolution on creating an international financial centre. The City of London, he noted, provided pivotal insights and recommendations to shape the groundwork and development roadmap for this hub.
Vietnam is ready to deepen economic cooperation with the Association of Southeast Asian Nations (ASEAN), China and other partners, embracing a strategy of “harmonised interests and shared risks” as it leverages its fast-growing economy and market of over 100 million people.
Tay Ninh, Nghe An and Quang Tri provinces have strategic locations and significant cooperation potential, said Nguyen Thi Thai Binh, Minister-Counsellor at the Vietnamese Embassy, expressing confidence that with creativity and determination, these provinces and their Korean partners will find ample opportunities for productive collaboration.
Jointly organised by the Vinexad National Trade Fair and Advertising JSC and Yorkers Exhibition Service Vietnam, the event features 1,200 booths of more than 650 exhibitors from 20 countries and territories, including Germany, India, Indonesia, Italy, Japan, the Republic of Korea, Singapore, Switzerland, Thailand, and the US.
Public investment should serve as a key driver of growth, acting as seed capital to catalyse and mobilise all social resources, thereby fostering economic expansion, creating jobs and livelihoods, and improving the material and spiritual well-being of the people, PM Pham Minh Chinh stated.
An official of the Foreign Trade Agency laid stress on the foundational role of rules of origin in international trade, highlighting the importance of capacity building for enforcement officers in the context of deep international integration.
Against the backdrop of the growing comprehensive strategic partnership between Vietnam and Russia, the promotion and export of Vietnam’s agricultural products not only diversify supply sources for the Russian market but also help enhance the brand values and competitiveness of Vietnamese enterprises in the market that remains untapped.
International trade is no longer merely an exchange of goods but a strategic lever enabling Vietnamese enterprises to enhance capacity, secure partnerships, and expand globally.
In the first eight months of 2025, Vietnam’s total trade value reached nearly 600 billion USD, up 16.3% year on year. Of this, exports stood at 306 billion USD, a 14.8% increase, already surpassing the full-year target.
Vietnam aims to maintain macroeconomic stability, control inflation below the target, achieve growth of 8.3-8.5%, ensure major economic balances, surpass budget revenue estimates by 25%, and control public debt, government debt, foreign debt, and budget deficit.
Reaffirming Vietnam’s commitment to foreign investors, Finance Minister Nguyen Van Thang said government policies always aim to ensure transparency, fairness and a mutually beneficial environment that promotes innovation and safeguards investor rights, making Vietnam a sustainable and long-term investment destination.
The State Bank of Vietnam must launch an official gold price information portal, study the establishment of gold exchanges, and issue guiding documents to implement the Government’s decree on the management of gold trading activities.
According to the World Bank Group, Vietnam will need approximately 368 billion USD in investment for climate adaptation and carbon reduction projects by 2040. Yet, as of the end of 2024, green credit accounted for just 4.5% of the country’s total outstanding loans.
