US finance corporation sees Vietnam as priority partner
The US International Development Finance Corporation (DFC) always attaches a great importance to and considers Vietnam a preferred partner in US cooperative projects, CEO of the DFC Adam Boehler told Vietnamese Ambassador to the US Ha Kim Ngoc.
Vietnamese Ambassador to the US Ha Kim Ngoc (Photo: VNA)
Hanoi (VNA) - The USInternational Development Finance Corporation (DFC) always attaches a great importance to andconsiders Vietnam a preferred partner in US cooperative projects, CEO of the DFCAdam Boehler told Vietnamese Ambassador to the US Ha Kim Ngoc.
During a meeting on June 2 in Washington DC, Boehlerannounced that as a development finance agency of the US Government, the DFC isimplementing a series of plans to support investment projects in developingcountries, especially those in the spheres of energy, infrastructure and digitaleconomy.
At the regional level, the DFC is interested in supporting development projectsin the Greater Mekong Sub-region, as well as those specialising in producing strategicproducts in the US’s supply chain, he stated.
Boehler also hoped that reached agreements will be implemented effectively duringworking meetings between the DFC and Vietnamese agencies, including the Ministryof Planning and Investment.
The DFC official emphasised the effective coordination between Vietnam and theUS in producing and supplying medical supplies and protective equipment tocombat the COVID-19 pandemic.
For his part, Ambassador Ngoc shared Vietnam’s experience in controlling thedisease, as well as its priorities in economic recovery and promoting regionaland global cooperation as the ASEAN Chair 2020.
He highly valued the DFC’s role and expressed his hope that thetwo sides would soon deploy specific cooperation projects in the region.
Emphasising that 2020 marks 25years of normalisation of Vietnam-US relations, the diplomat called on the DFCto continue to participate in and contribute to relevant activities in thecoming time, including joining ASEAN-US and Vietnam-US conferences oninvestment cooperation in the region.
On the occasion, Ngoc handed over made-in-Vietnam face masks as gifts to DFC staff./.
Vietnamese Ambassador to the US Ha Kim Ngoc held phone talks with US Under Secretary of Agriculture Ted McKinney in Washington DC on May 6 with a view to promoting agricultural cooperation between the two countries.
It is now an important time for Vietnam and the West Virginia state of the US to cooperate in a joint effort on economic resumption and fighting the COVID-19 pandemic, Minister of Industry and Trade Tran Tuan Anh has said.
President of the Vietnam Union of Friendship Organisations, Ambassador Nguyen Phuong Nga, had a working session with US Ambassador to Vietnam Daniel J. Kritenbrink in Hanoi on May 8.
An interactive video conference on “Promoting Vietnam - US Trade in Footwear Post COVID-19” took place in Washington DC on May 27 (US time) to connect Vietnamese producers and American distributors and retailers.
Vice Foreign Ministry Spokesman Doan Khac Viet has said the Vietnam – US comprehensive partnership has been growing in diverse areas over the past years, including in national defence-security.
On June 19 alone, a total of 2,005 trucks completed customs clearance at Lang Son’s border gates — the highest single-day figure ever recorded in the province. Of these, 634 carried exports and 1,371 imports.
The OECD Economic Surveys: Vietnam 2025 report focuses on analysing the country’s macroeconomic fundamentals, the impact of international integration on attracting foreign investment and trade, and the country’s prospects for developing a low-carbon economy.
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.
Deputy Director General of the Ministry of Industry and Trade (MoIT)’s Trade Promotion Agency Bui Quang Hung emphasised that logistics has evolved from a technical function into a core capability for Vietnamese exporters to maintain their competitive advantage in the US market.
A trade official has suggested companies work closely with shipping lines, airlines, and freight forwarders to monitor routes, transit times, and potential surcharges while exploring broader cargo insurance to cover risks like war and terrorism.
In addition to institutional reform, the agency is also rolling out key solution groups to combat counterfeit goods, imitations, and intellectual property infringements in the digital environment.
The event, co-organised by the Vietnam Trade Office in the UK and TT Meridian, a local importer of Vietnamese fresh produce, aims to build a national lychee brand and encourage broader recognition of Vietnamese fruits in a competitive, high-end market.
The industry's performance has been powered by bold investments in modern production lines, enabling Vietnamese firms to produce complicated products which were exclusive to advanced economies.
Outcomes of ABAC III will shape ABAC’s final policy recommendations to be submitted to the ABAC-APEC leaders’ dialogue, scheduled to take place in the Republic of Korea this November.
This is the second year the magazine has released the ranking, which is based on total revenue and key financial indicators of enterprises from seven countries in the region: Vietnam, Indonesia, Thailand, Malaysia, Singapore, the Philippines, and Cambodia.
At the summit, publishing, tech, and media sectors will discuss emerging trends, business models, and sustainable solutions for digital publishing development in Vietnam.
This year’s “Vietnam Goods Week” marks a significant milestone as it is being held simultaneously for the first time in four locations across Asia: Japan, Hong Kong (China), Cambodia, and Malaysia, from June 19 - 22.
According to NordCham Vietnam Chairman Thue Quist Thomasen, the Vietnamese Government’s commitment to achieving net-zero emissions by 2050 is both a challenge and an opportunity for businesses to contribute to green and sustainable growth.
The analysis from an investment perspective shows that the economy’s growth has been heavily capital‑driven, yet efficiency remains low as reflected by Vietnam’s Incremental Capital-Output Ratio (ICOR) being significantly higher than global and regional averages. This underscores the imperative to enhance capital‑use efficiency.
Deputy PM Tran Hong Ha urged countries to work together to remove supply chain bottlenecks, expand market access, strengthen cooperation in smart customs procedures, mutually recognise technical standards, and eliminate unnecessary protectionist barriers to boost trade and investment.
The event has gathered over 400 exhibitors from 16 countries and territories, with more than 980 booths showcasing a wide range of products and technologies in automotive components, electronics, repair and maintenance, bodywork, accessories, and customisation.