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Tech companies Apple ( AAPL ), Amazon ( AMZN ) among participants, list says
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More than 60 large companies to join the mission,
organisers say
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Energy firms Excelerate Energy ( EE ), GE Vernova ( GEV ) to attend
By Francesco Guarascio
HANOI, March 14 (Reuters) - Top U.S. tech, defence and
energy companies including Boeing ( BA ) and Apple ( AAPL ) will join a large
business mission to Vietnam next week, a list of participants
seen by Reuters shows, in a possible sign of confidence as the
Southeast Asian country seeks to avoid U.S. trade tariffs.
The annual mission organised by the US-ASEAN Business
Council, an advocacy group, takes place this year as Vietnam is
reviewing its duties on U.S. goods, including on liquefied
natural gas, agriculture and high-tech products, while U.S.
President Donald Trump threatens to impose more tariffs on
trading partners.
Executives from more than 60 U.S. large companies will
travel to Vietnam next week, according to the organisers.
Among them are companies already with large operations in
the country, including Apple ( AAPL ), Intel ( INTC ), Coca-Cola
and Nike ( NKE ), and also corporations that may seek to
expand into Vietnam's booming economy, including Boeing ( BA ),
Amazon ( AMZN ) and Bell Textron, according to the list seen by
Reuters.
Other participants will be Excelerate Energy ( EE ), a
provider of floating terminals for liquefied natural gas, and GE
Vernova ( GEV ), which have both signed provisional deals with
Vietnamese companies for the supply of gas equipment, according
to a statement on Friday by PetroVietnam Power, a
state-controlled energy firm.
Vietnamese officials have repeatedly said they want to boost
imports of LNG products and services from the United States as a
way of reducing the country's trade surplus with Washington,
which totalled more than $123 billion in 2024.
The U.S. companies will meet top Vietnamese officials,
including Prime Minister Pham Minh Chinh and the General
Secretary of the ruling Communist Party To Lam, according to an
internal agenda seen by Reuters.
U.S. companies in Vietnam have voiced concerns about their
operations in Vietnam, a key manufacturing base for
multinational companies, if Trump imposes tariffs on the
country.
Exxon Mobil ( XOM ), which controls Vietnam's largest
although so far untapped gas field, is also joining the mission,
the list shows.
Boeing ( BA ), which has agreements with two Vietnam airlines for
the sale of up to 250 planes, is also attending, as it did in
past years, according to the list.
Boeing ( BA ) and Bell Textron are among companies that have been
in talks for years with Vietnam for the possible sale of
helicopters and other military equipment.
Big U.S. financial firms are also on the list, including
JPMorgan ( JPM ), Visa, Mastercard ( MA ) and Warburg
Pincus.