Update: Market Chatter: US, Vietnam Firms Set to Announce Deals During To Lam Visit

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(Updates with Citi's comment in the seventh paragraph.)

US and Vietnamese companies are expected to announce a series of agreements in energy, technology, aviation and finance next week as Vietnamese leader To Lam visits New York, Reuters reported Wednesday, citing officials and two documents.

The report said the planned agreements are part of Vietnam's efforts to ease trade tensions with the US as the Trump administration threatens new tariffs on the country's exports.

An internal planning document lists 29 potential agreements for a Sept. 23 business conference attended by To Lam, Reuters said.

Murphy Oil (MUR) and Chevron (CVX) are expected to announce agreements with state-owned Petrovietnam, while ExxonMobil (XOM) is expected to reach an agreement with Vietnam Refinery and Petrochemical, according to the report.

Vietjet is expected to announce plans to lease up to 22 aircraft, including 17 Boeing (BA) 737s and five Airbus A321neos, Reuters said, adding it is also expected to sign an agreement with SpaceX (SPCX) to provide Starlink satellite internet service on 120 aircraft.

The list also includes potential agreements involving Meta (META), Qualcomm (QCOM), Visa (V), Mastercard (MA) and Citibank (C), the report added.

Citi said it is currently unable to provide any specific comments or insights, while all other companies listed in the article did not immediately respond to MT Newswires' requests for comment.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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