Seminar connects Vietnamese, US agricultural businesses
Vietnamese Minister of Agriculture and Rural Development Le Minh Hoan and Marc Mealy, Senior Vice President for Policy at the US-ASEAN Business Council (USABC), co-chaired a seminar connecting agricultural enterprises of Vietnam and the US on May 13 in Washington D.C.
Washington D.C (VNA) – Vietnamese Minister of Agriculture and Rural DevelopmentLe Minh Hoan and Marc Mealy, Senior Vice President for Policy at the US-ASEANBusiness Council (USABC), co-chaired a seminar connecting agricultural enterprisesof Vietnam and the US on May 13 in Washington D.C.
The event took place on the sidelines of Prime Minister PhamMinh Chinh’s trip to the US to attend the ASEAN-US Special Summit. Itwas attended by representatives from agencies, businesses and associations inthe agricultural sector of the two countries and several banks and investmentfunds, and representatives from some major US industry associations such as theSoybean Export Council, the Grains Council, the National Pork Producers Counciland multinational agricultural corporations.
At the seminar, a representative of the Ministry ofAgriculture and Rural Development informed participants about the priority strategyfor the development of Vietnam's agricultural sector in the coming time as wellas opportunities and challenges in promoting bilateral investment and trade.
With the desire that the two sides will become a reliableand sustainable partner of each other, representatives from businesses andindustry associations straightforwardly exchanged ideas, especially aboutdifficulties and obstacles in production, business and investment in Vietnam.
Minister Le Minh Hoan pledged to accompany US businesses andinvestors in handling difficulties and barriers so as to create a favourableproduction, business and investment environment for the international businesscommunity in general and US firms in particular.
At the event, four cooperation agreements were signed,namely a Memorandum of Understanding (MoU) between the Partnership forSustainable Agriculture in Vietnam (PSAV) with Pepsico and Care Internationalon enhancing food production cooperation in Vietnam; an MoU between Bac Giangprovince and ERG group on promoting trading of local agricultural products; an MoUbetween Moc Thinh Phat furniture production joint stock company and GrasslandsFarms company on promoting trade in agricultural products; and an MoU betweenNevist Vietnam International Import-Export Company and AGP on trade andinvestment promotion in the sector.
Enterprises of the two countries also discussed the possibilityof cooperation to promote trade, seek investment opportunities, transfertechnology, and explore the possibility of cooperation between large US andmultinational groups to bring Vietnamese agricultural products to the globalvalue chain./.
The Government of Vietnam views the economic, trade, investment and financial relations with the US as a strong driver for boosting the bilateral comprehensive partnership, Prime Minister Pham Minh Chinh told US Trade Representative Katherine Tai in their Washington D.C meeting on May 12 morning (local time).
Cooperation activities between Vietnam and the US continue to develop deeply in all fields, particularly in investment and finance, with businesses of the two countries playing a very important role, said Prime Minister Pham Minh Chinh.
Vietnamese Prime Minister Pham Minh Chinh met with US President Joe Biden on May 12 (US time) as part of his trip to the US for the ASEAN-US Special Summit held in Washington D.C.
Vietnamese Prime Minister Pham Minh Chinh and leaders of member states of the Association of Southeast Asian Nations (ASEAN) had a meeting with the US business community on May 12 (US time) within the framework of the ASEAN-US Special Summit.
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 analysis from an investment perspective shows that the economy’s growth has been heavily capital‑driven, yet efficiency remains low as reflected by Vietnam’s Incremental Capital-Output Ratio (ICOR) being significantly higher than global and regional averages. This underscores the imperative to enhance capital‑use efficiency.
Deputy PM Tran Hong Ha urged countries to work together to remove supply chain bottlenecks, expand market access, strengthen cooperation in smart customs procedures, mutually recognise technical standards, and eliminate unnecessary protectionist barriers to boost trade and investment.
The event has gathered over 400 exhibitors from 16 countries and territories, with more than 980 booths showcasing a wide range of products and technologies in automotive components, electronics, repair and maintenance, bodywork, accessories, and customisation.
The latest order follows Vietjet’s commitment for 20 additional A330neo aircraft last month, bringing the airline’s total widebody aircraft on order to 40.
Minister of Finance Nguyen Van Thang acknowledged the target represents an important milestone for socio-economic development as well as a demonstration of the country’s aspiration for robust economic growth.
The price of E5 RON92 petrol is now capped at 20,631 VND (0.79 USD) per litre, up 1,169 VND from the previous adjustment, while RON95-III costs no more than 21,244 VND per litre, up 1,277 VND.
While German consumers are familiar with Vietnamese products such as coffee, seafood, tea, and spices, many other quality items remain relatively unknown in the market. The Selgros event not only helped introduce Bac Giang lychee to German consumers but also provided them with the opportunity to experience other Vietnamese agricultural products.
The article by Cuba’s Inter Press Service detailed how Vietnamese private enterprise Agri VMA leased 1,000 ha of land in Los Palacios district, Cuba’s westernmost province of Pinar del Río, for rice cultivation over a three-year period. The project’s first harvest in 2025 recorded an impressive yield of 7.2 tonnes per hectare, far exceeding the local average of 1.6 tonnes.
During the visit, office representatives held a working session with the Tipaza Chamber of Commerce and Industry and met with several prominent local businesses operating in key sectors including industry, agriculture, fisheries, food processing, chemicals, pharmaceuticals and plastics.
A Nordic delegation to Vietnam International Sourcing 2025 in September will feature leading names in retail, consumer goods, logistics, and sustainable manufacturing, including global fashion giant H&M, offering fresh prospects for partnerships in fashion, textiles, and green supply chains.
With the current trading band of +/- 5%, the ceiling rate applicable for commercial banks during the day is 26,276 VND/USD and the floor rate 23,774 VND/USD.
Illustrative image (Photo: VNA) 
