Vietnam–US trade forum to run in September

The Ministry of Industry and Trade will hold the Vietnam–US trade forum in Ho Chi Minh City on September 6.

Illustrative image (Photo: vneconomictimes.com)

Illustrative image (Photo: vneconomictimes.com)

Themed “Shifting of global supply chain – opportunity to boost bilateral trade and investment”, the event will provide updates on relevant policies and analyse challenges and opportunities for enterprises amid trade conflicts among world economic powerhouses.

The forum is also a place for Vietnamese and US firms to connect and strike partnerships. 

Two-way trade turnover between Vietnam and the US has increased nearly 120 times, exceeding US$60 billion in 2018 from US$450 million  in 1994, since the normalisation of bilateral relations 25 years ago.

Vietnam is ranked 16th among the leading trade partners of the US and annual bilateral trade growth reaches 20 percent.

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