Key facts
- U.S. and Vietnamese firms are expected to announce multiple agreements next week in New York.
- Agreements are planned in the energy, tech, aviation, and financial sectors.
- Vietnamese leader To Lam is traveling to New York and will attend a business conference on September 23.
- U.S. energy firms Murphy Oil, Chevron, and ExxonMobil are expected to announce deals with Vietnamese state-owned energy companies.
- Vietjet plans to announce the leasing of up to 22 planes and a satellite internet service agreement with SpaceX.
- Meta and Qualcomm are also slated to sign agreements with Vietnamese entities.
Multiple U.S. and Vietnamese corporations are poised to announce a series of commercial agreements next week in New York, according to officials and documents reviewed by Reuters. The planned announcements, which span the energy, technology, aviation, and financial sectors, are part of Vietnam's ongoing strategy to strengthen ties with Washington amid potential U.S. tariffs.
Vietnamese leader To Lam is scheduled to travel to New York, where he is expected to attend a business conference on September 23. On this day, an internal planning note lists 29 potential agreements. In the energy sector, U.S. firms Murphy Oil and Chevron are anticipated to announce deals with state-owned Petrovietnam, while ExxonMobil is slated to sign an accord with Vietnam Refinery and Petrochemical Corporation.
In aviation, Vietnam's largest private airline, Vietjet, is expected to announce the leasing of up to 22 planes from four leasing companies, including Boeing 737 jets and Airbus A321neos. Vietjet also plans a contract with SpaceX for satellite internet services for 120 aircraft and memoranda of understanding with U.S. jet engine maintenance firms.
Technology and financial agreements are also on the agenda. Meta is expected to sign an unspecified agreement with Vietnam's ministry of culture, and chip giant Qualcomm is slated to sign a deal with Vietnamese telecom firm VNPT. Visa, Mastercard, and Citibank are also expected to announce agreements with financial and hospitality partners in Vietnam.
To Lam's visit also includes a planned speech at the UN General Assembly on September 22 and potential meetings with U.S. corporations. Discussions may also focus on trade talks between the two nations, though a meeting with U.S. President Donald Trump is not confirmed.