US, Vietnamese firms to sign agreements as To Lam travels to New York
Commercial agreements have for months been part of Hanoi’s strategy to reassure Washington amid the threat of new tariffs hitting its export-reliant economy.
Vietnam's leader, To Lam, is set to sign multiple agreements with US corporations in New York next week, according to officials and reviewed documents. These deals encompass energy, technology, aviation, and financial sectors, with some remaining non-binding. Notable partnerships include Murphy Oil and Chevron with state-owned Petrovietnam, ExxonMobil with Vietnam Refinery and Petrochemical Corporation, and Vietjet with aviation firms, SpaceX, and Qualcomm.
The agreements are expected to address trade concerns amid the Trump administration's tariff threats. Vietnam's To Lam is also scheduled to address the UN General Assembly on September 22 and meet with US businesses before traveling to Canada for a state visit.
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