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Bình Sơn Refining and Petrochemical Joint Stock Company (BSR) on Tuesday signed memoranda of understanding with major US energy companies to expand bilateral cooperation in the energy sector as the two countries are seeking to deepen economic ties.

Bilateral relations should be shaped by a long-term vision, not merely based on trade volume or investment flows, but on the increasing complementarity of the two economies, Việt Nam’s growing role in global supply chains, and strategic interest connectivity between the two countries.

The order includes 24 A321neo and 20 A321XLR aircraft, bringing Vietjet’s total commitments for GTF-powered aircraft to 137. Deliveries are scheduled to begin in July 2026.

The sharp decline was particularly pronounced in the real estate and technology sectors. 

Higher productivity has helped reduce reliance on labour at a time when competition for workers is intensifying in Việt Nam, prompting companies to accelerate transformation to meet market demands, said an industry insider.

The process mirrors practices applied in several international markets and is expected to further facilitate foreign participation in Việt Nam’s stock market.

Located in HCM City, the AAFH will offer policy incentives for aviation finance, including competitive tax policies, liberalised capital flows, multi-currency payments and an international-standard legal framework to protect asset rights.

The GE leader highly valued Việt Nam’s socio-economic development achievements, viewing them as a solid foundation for further expanding cooperation towards the goal of ensuring a stable and efficient energy supply, while making practical contributions to long-term growth and the country’s energy security.

The Vietnamese Ministry of Finance will step up consultations and experience sharing to shape priority themes for APEC 2027 that fully reflect national strategic orientations, align with key resolutions of the Party and the State; and remain consistent with the Incheon Plan for the five-year APEC financial cooperation roadmap.

The programme is seen as an important measure to strengthen corporate accountability, improve product traceability and reinforce consumer confidence during the peak shopping season.