Ho Chi Minh City pledges to facilitate U.S. investment

As of December 11, the American Chamber of Commerce in Vietnam (AmCham) hosted an event in Ho Chi Minh City celebrating 30 years of Vietnam–U.S. diplomatic relations (1995–2025) under the theme “Honouring Cooperation, Progress and Business Leadership.”

Attendees included Vice Chairman of the Ho Chi Minh City People’s Committee Nguyen Cong Vinh, U.S. Ambassador to Vietnam Marc Knapper, U.S. Consul General in Ho Chi Minh City Melissa Brown, AmCham leaders and numerous business representatives and partners from both countries.

In his remarks at the event, AmCham Vietnam Chairman Mark Gillin highlighted the growth of bilateral trade, projected to reach US$150 billion this year, and Vietnam’s seventh global ranking in free trade agreements, offering strong advantages for foreign investors.

On behalf of the city’s leaders, Ho Chi Minh City People’s Committee Vice Chairman Nguyen Cong Vinh emphasized that Vietnam–U.S. relations have deepened significantly, especially since being upgraded to a Comprehensive Strategic Partnership in 2023. Bilateral trade has grown approximately 300 times since 1995.

The United States is now one of Vietnam’s top trade and investment partners, and in Ho Chi Minh City, it ranks among the top ten largest investors, particularly in technology, education, innovation and energy transition.

The city pledged to remove barriers and improve the investment environment, particularly in strategic sectors such as digital, green, circular and knowledge economies, Mr. Nguyen Cong Vinh added.

U.S. Consul General Melissa Brown praised American companies’ long-term contributions to Vietnam, including fostering startups, sustainable supply chains, and high labour standards, creating broad economic and social benefits.