US-ASEAN Business Council (USABC) announced on December 15 that VinFast US, member of Vietnam’s largest private corporation Vingroup, has become the newest member of the council.
The first batch of VinFast electronic vehicles (EVs) is exported to the US. (Photo: VNA)
Hanoi (VNA) - US-ASEAN Business Council (USABC) announced onDecember 15 that VinFast US, member of Vietnam’s largest privatecorporation Vingroup, has become the newest member of the council.
USABC is thepremier advocacy group and the only US-based organisation recognised in theAssociation of Southeast Asian Nations (ASEAN) Charter.
Being a member of the USABC will help VinFast US enhance knowledgeof the US and ASEAN regulatory and policy framework, as well as policy advocacyto drive forward its business. VinFast US will contribute to promoting theadoption of electric vehicles in both regions and support the council's ongoingefforts to elevate US-ASEAN economic relationship.
The US-ASEANBusiness Council has been an important voice in the development of trade andinvestment in SoutheastAsia since its founding in 1984, said Le Thi Thu Thuy, Vice Chairwoman of Vingroup and Chairwomanof VinFast.
The addition of VinFast US to theCouncil's membership of leading companies is a testament to how this long-termcommitment has been critical to the development of industry in Southeast Asia,she added.
TedOsius, President & CEO of the USABC and a former US ambassador to Vietnam, said VinFast US's participation in thecouncil will benefit the entire organisation because it has significant investments in the US and partners with many of othermember companies.
Vietnam is🃏 the US's 7th largest tradepartner in the world and also its largest trade partner in the ASEANregion in the 1st half of 2022.
VinFast's plan to build an electric vehicle factory in North Carolina announced in March 2022 is a testament to the growth of bilateral trade between ASEAN and the US. Slated to open in 2024, this facility is expected to create jobs for thousands ofAmericans./.
Vietnamese automaker VinFast and Electrify America, the largest open ultra-fast charging network in the US, on April 13 (New York time) announced an agreement to provide owners of VinFast electric vehicles with charging services, plus two complimentary charging sessions.
Vietnamese carmaker VinFast said on November 18 it has received an order from American electric vehicle subscription firm Autonomy for more than 2,500 VF 8 and VF 9 vehicles.
Prime Minister Pham Minh Chinh on November 25 attended a ceremony in the northern port city of Hai Phong to export the first batch of VinFast electronic vehicles (EVs) to the US.
VinFast, Vietnam’s first electric vehicle (EV) manufacturer, on December 14 (US time) announced the opening of four more stores in Los Angeles and Orange County of the US’s California state.
Sun PhuQuoc Airways was born as a perfect piece in Sun Group’s strategic vision to build a premium ecosystem of tourism, entertainment, real estate, and aviation. With a pioneering ambition, Sun PhuQuoc Airways is not just an airline, but a symbol of connection – bringing the world to Phu Quoc and taking Phu Quoc to the world.
A key change in the draft decree is a provision requiring bank transfers for gold transactions valued at 20 million VND (765 USD) and above, to enhance transparency and verify customer identities.
In the first four months of 2025, trade turnover between Vietnam and Cambodia surpassed 3 billion USD, marking a 7% increase compared to the same period in 2024.
On June 19 alone, a total of 2,005 trucks completed customs clearance at Lang Son’s border gates — the highest single-day figure ever recorded in the province. Of these, 634 carried exports and 1,371 imports.
The OECD Economic Surveys: Vietnam 2025 report focuses on analysing the country’s macroeconomic fundamentals, the impact of international integration on attracting foreign investment and trade, and the country’s prospects for developing a low-carbon economy.
Antoine Colin, Senior Vice President for Global Supply Chain Digital Transformation & Resilience at HP Inc., affirmed HP’s strategic commitment to building a supply chain and ecosystem in Vietnam and the region.
Deputy Director General of the Ministry of Industry and Trade (MoIT)’s Trade Promotion Agency Bui Quang Hung emphasised that logistics has evolved from a technical function into a core capability for Vietnamese exporters to maintain their competitive advantage in the US market.
A trade official has suggested companies work closely with shipping lines, airlines, and freight forwarders to monitor routes, transit times, and potential surcharges while exploring broader cargo insurance to cover risks like war and terrorism.
In addition to institutional reform, the agency is also rolling out key solution groups to combat counterfeit goods, imitations, and intellectual property infringements in the digital environment.
The event, co-organised by the Vietnam Trade Office in the UK and TT Meridian, a local importer of Vietnamese fresh produce, aims to build a national lychee brand and encourage broader recognition of Vietnamese fruits in a competitive, high-end market.
The industry's performance has been powered by bold investments in modern production lines, enabling Vietnamese firms to produce complicated products which were exclusive to advanced economies.
Outcomes of ABAC III will shape ABAC’s final policy recommendations to be submitted to the ABAC-APEC leaders’ dialogue, scheduled to take place in the Republic of Korea this November.
This is the second year the magazine has released the ranking, which is based on total revenue and key financial indicators of enterprises from seven countries in the region: Vietnam, Indonesia, Thailand, Malaysia, Singapore, the Philippines, and Cambodia.
At the summit, publishing, tech, and media sectors will discuss emerging trends, business models, and sustainable solutions for digital publishing development in Vietnam.
This year’s “Vietnam Goods Week” marks a significant milestone as it is being held simultaneously for the first time in four locations across Asia: Japan, Hong Kong (China), Cambodia, and Malaysia, from June 19 - 22.
According to NordCham Vietnam Chairman Thue Quist Thomasen, the Vietnamese Government’s commitment to achieving net-zero emissions by 2050 is both a challenge and an opportunity for businesses to contribute to green and sustainable growth.
The first batch of VinFast electronic vehicles (EVs) is exported to the US. (Photo: VNA) 
