Permanent Deputy Prime Minister Pham Binh Minh on September 22 met representatives from the US Chamber of Commerce, the Business Council for International Understanding (BCIU), the US-ASEAN Business Council (USABC) and US firms operating in many different areas in New York.
At Permanent Deputy Prime Minister Pham Binh Minh's working session with the US community (Photo: VNA)
New York (VNA) – Permanent Deputy PrimeMinister Pham Binh Minh on September 22 met representatives from the US Chamber of Commerce, the Business Council forInternational Understanding (BCIU), the US-ASEAN Business Council (USABC) andUS firms operating in many different areas in New York.
Highlighting the sound economic, trade and investmentpartnership between the two countries, Minh noted that two-way trade reachednearly 87 billion USD in the first eight months of this year, up about 20% yearon year.
The US has been the largest export market of Vietnam, whileVietnam is also the biggest trade partner of the US among the ASEAN countries, hestressed.
The official affirmed that the Vietnamese Government will continue to createoptimal conditions for foreign businesses, including those from the US, toexpand their business and invest in Vietnam in the areas of high technology,digital transformation, green transition, innovation, finance and banking,smart agriculture, renewable energy, infrastructure development and R&D, thus contributingto the country’s efforts in completing commitments announced at the 26th UNClimate Change Conference to achieve net-zero carbon emissions by 2050.
Minh highly valued ideas from US associations andbusinesses, expressing his hope that they will continue contributinh tothe promotion of the harmonious and sustainable economic, trade and investmentpartnership between the two countries.
US representatives hailedefforts by the Vietnamese Government in COVID-19 control and economic recoveryas well as maintaining the macro-economic stability, creating confidence forforeign investors to expand their operation in Vietnam.
US businesses said they are impressed at Vietnamese economicgrowth amid the complicated pandemic developments, commenting that Vietnam is adynamic and potential market as well as one of the attractive Southeast Asiandestinations for companies that wish to stabilise and re-establish supplychains.
They welcomed Vietnam’s efforts in digital transformation,energy transition and climate change response, holding that the country’sdevelopment targets are suitable to the common development trend of the world.Many US firms showed their interest in connecting with Vietnamese partners to seeknew cooperation opportunities in the fields of digital transformation, energytransition, as well as their willingness to support Vietnam in achievingemission reduction and sustainable development goals./.
Prime Minister Pham Minh Chinh received Director General of the World Bank (WB) Axel Van Trotsenburg and leaders of some US corporations on May 11 (local time) during his working visit to the US.
Cooperation activities between Vietnam and the US continue to develop deeply in all fields, particularly in investment and finance, with businesses of the two countries playing a very important role, said Prime Minister Pham Minh Chinh.
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Antoine Colin, Senior Vice President for Global Supply Chain Digital Transformation & Resilience at HP Inc., affirmed HP’s strategic commitment to building a supply chain and ecosystem in Vietnam and the region.
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At Permanent Deputy Prime Minister Pham Binh Minh's working session with the US community (Photo: VNA) 
