Vietnam’s new government is sending a clear signal to the markets: growth is back in the driver’s seat. The US-ASEAN Business Council recently led more than 50 leading American companies through Hanoi, and what we encountered was a government in a hurry—and one that knows exactly what it wants from U.S. business.
Even as other senior leaders traveled to Beijing, Prime Minister Lê Minh Hưng stayed in Hanoi to meet our delegation. We had a direct and pragmatic discussion focused on next steps. He struck us as a technocrat in the best sense of the word: An official who was practical, impatient with bureaucracy, and acutely aware that economic ambition means little without execution.
