Ford Vietnam contributes to promoting the comprehensive US-Vietnam partnership
DNHN - In 2023, the US-Vietnam Comprehensive Partnership will have reached significant economic and trade growth milestones during its first decade. Ford Vietnam has become a symbol of U.S. investment relations in Vietnam after nearly 30 years cooperation
On May 25, 2023, Ford Vietnam Company welcomed Mr. Marc Knapper, the US Ambassador to Vietnam, to witness the assembly of Ford automobile product lines at the Ford Hai Duong Factory. This is a significant event within the context of activities commemorating the tenth anniversary of the US-Vietnam Comprehensive Partnership (2013-2023) and affirming Ford Vietnam's contributions to advancing the Vietnamese economy. Vietnam's economy experienced remarkable growth.
A significant development in US-Vietnam relations
Since the establishment of the US-Vietnam Comprehensive Partnership in 2013, bilateral trade has quadrupled and the US has become Vietnam's largest export market. Moreover, trade cooperation between the United States and Vietnam has become more diversified as global supply chains continue to bind the two nations together.
The year 2023 marks the 10th anniversary of the US-Vietnam Comprehensive Partnership, which is based on mutual understanding, mutual respect, and mutual development. A decade has passed, proving that this relationship is a driving force to elevate the bilateral relationship and a solid bridge for investors from both nations. Additionally, Vietnam's participation in the discussion of the Indo-Pacific Economic Framework (IPEF) initiative creates new economic, trade, and investment opportunities between the two nations.
Ford Vietnam promotes the strategic relationship between the United States and Vietnam.
Ford is one of the first American companies to invest in Vietnam following the normalization of relations between the two nations. Ford remains the largest US investor in Vietnam's automotive industry. Ford Vietnam has become a symbol of US investment relations in Vietnam after nearly 30 years of development. Ford Vietnam's total investment capital reached 208 million USD, including an investment package of 82 million USD to expand the production base in Hai Duong province in 2020, bringing the total assembly capacity to 40,000 vehicles per year with 1,200 direct jobs and thousands of indirect jobs at the nationwide agent system.
Ford Motor Company has always considered Vietnam, along with Australia, Thailand, and South Africa, to be one of its international strategic markets, having recognized the market's potential early on.
Ford offers numerous product lines in Vietnam that are suitable for a variety of applications. From passenger cars and SUVs to commercial vehicles like pickup trucks and vans. Ford is continuously introducing global products to the Vietnamese market, where they enjoy customer confidence. The evidence is that three out of five Ford product lines, including Ford Ranger, Ford Everest, and Ford Transit, are market leaders in their respective segments. Ford Ranger has maintained its leading position in the segment for several years and led the Vietnamese auto market in monthly sales on numerous occasions. The newly introduced Ford Territory product lines have quickly entered Vietnam’s top ten best-selling car lines, while Ford Explorer products are in the top two segments for large SUVs. The genuine dealer network of Ford is continuously expanding in Vietnam, and Ford's most advanced utilities and service experiences are rapidly implemented in the country to make vehicle ownership easier for customers. and have a better experience as a homeowner.
In addition to business and assembly activities, Ford Vietnam engages in a variety of charity and social responsibility activities, such as programs to teach safe driving skills, the donation of vehicles to colleges and vocational schools for research and teaching purposes, the construction of schools, playgrounds for children, and assistance to charities during the Covid pandemic. Ford Vietnam's accomplishments are a vivid and typical illustration of the comprehensive partnership between the United States and the United States. Vietnam is on the path to development and strategic significance, according to Ky.
With the assistance and support of the US Embassy, Hai Duong province, and the Government of Vietnam, Ford Vietnam intends to enhance production and business efficiency and introduce new products shortly. High-quality goods and services continue to contribute to the economic and social development of the region and the nation as a whole.
- Establish all conditions for long-term Brazilian investment in Vietnam.
- Lao Cai province and Sapa town must prioritize the development of a civilized, hospitable, and sustainable tourism environment.
- OECD: In 2024, global growth will slow to 2.7%
- KVECC Chairman, Mr. Kwon Jae Haeng The localization strategy of businesses must be carefully planned
- After eight months, Vietnam Oil and Gas Group's total revenue reached 85 percent of the plan.
- Long an: use every possibility to welcome the wave of FDI investments from Japan.
- Strong cooperation between Vietnam and the United States in the agricultural sector
- Vietnam actively contributes to ASEAN's continued prominence.
- Why do BNI members pass up lucrative business opportunities?
- China will be the largest market for Vietnamese agricultural products in 2023.
- Le Hoang Phuong was crowned Miss Grand Vietnam in 2023.
- VinFast will be listed on the U.S. stock exchange
- Hanoi: “the 10th Vietnam - Japan Supporting Industries Exhibition (SIE)” and “the 14th Vietnam Manufacturing Expo (VME)”
- Tay Ninh concentrates on attracting investments to high-tech agriculture
- Exporting agricultural products to Japan Opportunities and Challenges for Vietnamese Businesses
- VNG was named at the top of the best working environment in Vietnam in 2023
- Arton Capital Vietnam and Enterprises and Integration Magazine signed a strategic cooperation agreement
- 2023 will open up new cooperation opportunities between Vietnam and the Czech Republic
- Expecting to join CPTPP, businesses from the UK are especially interested in Vietnam
According to the Japan Tourism Promotion Agency, Vietnam is one of the international markets with the highest rate of recovery and increase in the number of visitors to Japan.
In the first eight months of the year, Vietnam exported 8,296 tonnes of chilli and earned over $15.7 million USD.
In the first eight months of the year, Vietnam exported a total of 8,296 tonnes of chilli and earned more than $15.7 million, a 136.2% increase compared to the same period in 2022.
Vinamilk consistently ranks among the Top 50 most effective companies in Vietnam and the Top 50 best-listed companies in Vietnam.
MSc. Anna Hang Nguyen, General Director of ActionCOACH CBD Firm, Regional Director of BNI HCMC6, and Ph.D. Tran Khanh Ngoc, Founder of the "Active Teaching" Programme, established a fund.
A ceremony to announce the opening of the Con Son - Kiep Bac autumn festival in 2023 will be held in Hai Duong.
On the morning of September 24 (August 10 of the lunar calendar), the Organising Committee of the 2023 Con Son - Kiep Bac Autumn Festival held an opening announcement ceremony at Kiep Bac Temple (Chi Linh City, Hai Duong province).
Autumn is often a wonderful time to visit beautiful natural landscapes and observe the changing colours of the leaves. The Travel, a Canadian travel website, has featured ten appealing destinations, including two in Vietnam.
KVECC Chairman, Mr. Kwon Jae Haeng The localization strategy of businesses must be carefully planned
This was one of the statements made by Mr. Kwon Jae Haeng, Chairman of the Vietnam - Korea Economic Support Committee (KVECC), at a recent event evaluating the relationship between Vietnamese and Korean businesses over the past decade.
BIDV coordinated with thirteen Japanese partner banks to organize the 2023 Japanese Customer Conference on September 14, 2023, in Hanoi. The conference is one of many events commemorating the 50th anniversary of the establishment of diplomatic
Recently held in the Mekong Delta, the 2023 Annual Economic Forum with the theme "The role of solutions to link, produce, process, and consume agricultural products in the Mekong Delta" included this as one of its topics. On September 15, 2023.
The Korea Creative Content Agency (KOCCA) and World Trade Centre Binh Duong New City (WTC BDNC) jointly organised the opening of Vietnam International Character & Culture Week on the morning of September 14. The WTC International Exhibition Centre