US Mission invites Vietnam firms to join 2024 SelectUSA Investment Summit

U.S. Ambassador to Vietnam Marc Knapper on Tuesday announced recruitment for the 10th SelectUSA Investment Summit, the largest event promoting foreign direct investment in the U.S., to be held in Washington, DC, on June 23-26.

The investment summit is an opportunity to build on the forward momentum of the Vietnam-U.S. Comprehensive Strategic Partnership that was established during President Biden’s visit to Hanoi last September and another welcome initiative to increase trade and commerce between the two countries, the ambassador said.

At the upcoming event, Vietnamese companies and institutions will have opportunities to hear from U.S. cabinet members and governors about doing business in the U.S. and to meet with key representatives from governors’ and mayors’ economic development teams across the country.

The summit will see more than 2,300 international participants from 83 markets looking for investment and cooperation opportunities in key industries such as business and professional services, information and communication technology, energy, automotive, healthcare, and financial services, Knapper added.

“The U.S. is the largest consumer market in the world and a great choice for any Vietnamese company looking to go global,” said Stephen Green, counselor for commercial affairs at the U.S. embassy in Hanoi.

“In four days at the SelectUSA Investment Summit, companies can efficiently make the connections and gather the information they need to start the process of growing in the U.S., everything you need to know, all in one single location. Last year, Mission Vietnam led 30 delegates seeking business opportunities in the U.S. to the investment summit,” Green informed.

Part of the U.S. Department of Commerce, SelectUSA promotes and facilitates business investment into the U.S. by coordinating related federal government agencies to serve as a single point of contact for investors.

SelectUSA assists U.S. economic development organizations to compete globally for investment by providing information, a platform for international marketing, and high-level advocacy. SelectUSA also helps investors find the information they need to make decisions; connect to the right people at the local level; navigate the federal regulatory system; and find solutions to issues related to the federal government.

Since inception, the annual investment summit has attracted thousands of international companies and generated more than $98 billion in new investment projects through a one-stop shop platform designed to connect qualified foreign companies and investors with U.S. economic development organizations representing state and local governments from across the 50 states and its territories.