Over 50 leading US companies has set foot in the capital city to explore business opportunities in activities organised by the US-ASEAN Business Council (US-ABC).

Small- and medium-sized enterprises (SMEs) must enhance their competitiveness to participate in Industry 4.0 and inclusive global value chains in the context of rapid integration and technology advancements, experts have said.

Việt Nam’s business environment has improved significantly, especially its competitiveness, said representatives of US businesses in the US-ASEAN Business Council (USABC).

In strong speeches laying out widely differing visions on the future of international trade, the presidents of China and the US yesterday stressed the importance of regional peace and security to stable, sustainable growth.

There are three main challenges that small and medium-sized enterprises in Việt Nam face with the advent of the fourth industrial revolution, a senior member of the US-ASEAN Business Council has said.

The Government of Việt Nam attaches great importance to friendly and co-operative relations with the US in a pragmatic manner, on the basis of respect for each other’s political institutions, Prime Minister Nguyễn Xuân Phúc told a US business delegation in Hà Nội on Thursday.

Minister of Agriculture and Rural Development Nguyễn Xuân Cường explained several new regulations regarding agriculture during a working session in Hà Nội on Wednesday with Senior Vice President of the US-ASEAN Business Council Michael Michalak.