Vietnam is strengthening its ties with the US to drive growth in the high-tech sector, with a focus on semiconductors, AI, and cloud computing. The country is committed to providing a favourable business environment, with macroeconomic stability, peaceful environment, and commitment to sovereignty and national security. Vietnam is also making strategic breakthroughs in institutional reform, infrastructure development, and human resources.
The US-Vietnam partnership is expected to boost Vietnam’s competitiveness and drive innovation in the global high-tech market. The US is encouraged to deepen its relations with Vietnam, formally recognise it as a market economy, and lift restrictions on high-tech exports. This would provide a significant boost to Vietnam’s technological capabilities and position it as a key player in the global tech landscape.