Vietnam and U.S. Prepare Wave of Commercial Deals During To Lam Visit

Vietnam’s leader To Lam arrives in New York next week to preside over a business conference expected to yield nearly 29 commercial agreements. These partnerships across energy, aviation, and technology aim to deepen economic integration while signaling a strategic push to mitigate trade tensions and potential U.S. tariffs.

Editorial·September 16, 2026·reads: 388

Vietnam and U.S. Prepare Wave of Commercial Deals During To Lam Visit

The upcoming announcements feature high-stakes collaborations between major American firms and Vietnamese state-backed entities. Murphy Oil and Chevron are positioned to advance projects with Petrovietnam, while ExxonMobil is set to finalize ties with the country's primary refinery operator. These energy deals anchor a broader effort to lock in long-term infrastructure cooperation.

Beyond energy, the aviation and technology sectors see significant momentum. Vietjet plans to unveil major aircraft leasing contracts alongside a satellite internet partnership with SpaceX. Further agreements involving Qualcomm and Meta are expected to bolster Vietnam’s digital infrastructure. While the commercial pipeline remains robust, the diplomatic backdrop stays complex, particularly regarding the potential for meetings with President Trump.