Robert Besser
20 Mar 2023, 05:06 GMT+10
HANOI, Vietnam: SpaceX, Netflix and Boeing will join what is described as the "biggest-ever" U.S. business mission to meet in Vietnam next week.
The 50 US companies will send representatives to discuss investment and sales opportunities in Vietnam, the organizer said.
The Americans will represent a wide range of industries, including defense, pharmaceutical and tech firms. The meetings are being sponsored by the US-ASEAN Business Council, an industry body.
As the US and other countries seek business alternatives to China, Vietnam is being seen with increasing interest as a global manufacturing hub.
Vietnam, with a population of 100 million people, is noted for its expanding middle class and accompanying consumer market.
"This is the biggest-ever mission in Vietnam," said Vu Tu Thanh, the US-ASEAN Business Council's representative in the country, according to Reuters.
Reuters reported in February that Netflix will soon open an office in Vietnam.
Meetings have also been scheduled between Boeing, Lockheed Martin, Bell and Vietnamese defense procurement companies. Thanh said this was the first time in some ten years that US security firms have joined the annual business and trade mission to Vietnam.
"Helicopters are one of the things the companies hope to sell to the Vietnamese," Thanh said, as quoted by Reuters.
Boeing issued a statement saying that discussions in Vietnam would revolve around strengthening the country's aviation and defense capabilities.
Also, a large number of US companies joining the business mission have business or manufacturing facilities in Vietnam, including Apple, Coca-Cola and PepsiCo, Thanh said.
Besides the planned business meetings, US business representatives will have meetings with Vietnam's top political and regulatory leadership, including Prime Minister Pham Minh Chinh.
Get a daily dose of Pakistan Telegraph news through our daily email, its complimentary and keeps you fully up to date with world and business news as well.
Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to Pakistan Telegraph.
More InformationWASHINGTON D.C.: The White House announced this week that President Joe Biden has chosen US Air Force chief General Charles ...
GUAM: After Typhoon Mawar brought strong winds and torrential rains, large areas of the US Western Pacific territory of Guam ...
NEW YORK CITY, New York: In one of the largest known Chinese cyber-espionage campaigns against American critical infrastructure, a state-sponsored ...
SAN FRANCISCO, California: Sam Altman, CEO of ChatGPT-maker OpenAI, has said the company could consider leaving Europe if it could ...
WASHINGTON D.C.: Reuters has reported that US President Joe Biden's nominee for a federal judge position in Kansas, Jabari Wamble, ...
WASHINGTON D.C.: Jennifer Homendy, head of the US National Transportation Safety Board, has said the US will investigate recent near ...
NEW YORK CITY, New York: The Verge has reported that Verizon Communications met with more than 6,000 customer service employees ...
WASHINGTON D.C.: In response to a safety warning issued by the US National Highway Traffic Safety Administration, Vietnamese electric vehicle ...
NEW YORK CITY, New York: Electric truck manufacturer Nikola Corp said that Nasdaq has delivered a delisting notice for not ...
MINNEAPOLIS, Minnesota: Reuters reported that after facing a backlash from customers, Target is pulling some products from its Pride Collection ...
LONDON, England: The BBC has reported that Jaguar Land Rover owner Tata Motors is planning to build a multi-billion pound ...
MENLO Park, California: As part of the last stage of a three-series round of staff layoffs, part of a plan ...