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US Agrees to Landmark Semiconductor and AI Deals in Vietnam

Foreign Policy,Vietnam,World,Asia,Trade,Business,Technology,Joe Biden,John Kerry,John McCain,China,Semiconductors,AI,Airlines

From the Center

The US and Vietnam have forged partnerships worth billions of dollars in the semiconductor, tech and aviation sectors, the countries announced during President Joe Biden's historic visit to Hanoi.

The visit has brought top executives from Google, Intel, Boeing and others to the table as part of the Vietnam-U.S. Innovation & Investment Summit. Vietnamese representatives included executives from the Nasdaq-listed electric car maker VinFast, Vietnam Airlines and VNG, a digital platform that filed for a US IPO in August.

Together they discussed priority areas for expanding technology and economic cooperation, the White House said in a statement Sunday, as Biden plans to announce an “ambitious” set of new initiatives to deepen the relationship between both countries.

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