Vietnam, US look to bolster investment, trade ties
Deputy Prime Minister Vuong Dinh Hue had a working session in Hanoi on March 8 with Charles Freeman, Senior Vice President for Asia at the US Chamber of Commerce (USCC).
Deputy Prime Minister Vuong Dinh Hue (R) receives Charles Freeman, Senior Vice President for Asia at the US Chamber of Commerce, in Hanoi on March 8 (Photo: VNA)
Hanoi (VNA) – Deputy Prime Minister Vuong Dinh Huehad a working session in Hanoi on March 8 with Charles Freeman, Senior VicePresident for Asia at the US Chamber of Commerce (USCC).
The two sides agreed that meetings between Vietnameseleaders and US President Donald Trump in late February in Hanoi contribute to promotingthe bilateral partnership between the two countries, especially in investmentand trade.
Freeman said that he is looking forwards to welcoming PartyGeneral Secretary and President Nguyen Phu Trong at the USCC in the future whenthe Vietnamese leader visits the US at the invitation of President Trump.
The American Chamber of Commerce in Vietnam (AmCham Vietnam)has coordinated closely with Vietnamese ministries, sectors and the VietnamChamber of Commerce and Industry to introduce the White Book on Vietnam-UStrade partnership, and organise the US-Vietnam Business Summit in May thisyear, he said.
Freeman said that the USCC supports the US’s opening of itsdoor for Vietnamese firms, as well as Vietnam’s similar act for US businesses.
Deputy PM Hue thanked the AmCham Vietnam for assisting theVietnamese Government in assessing the attraction and the use of foreign investmentin the country.
Noting that the Vietnam-US relationship is now developingvery well, Hue suggested that the USCC and Vietnamese enterprises continue towork out initiatives to foster bilateral investment and trade ties, to bemanifested in the White Book that will be introduced soon.
The Vietnamese Government pays great attention to proposalsof US enterprises to promote trade and investment collaboration between the two business communities, he stated.-VNA
Party General Secretary and President Nguyen Phu Trong and President Donald Trump witnessed the signing of four cooperation agreements between Vietnam and the US with a total value of about 21 billion USD, in Hanoi on February 27.
Party General Secretary and President Nguyen Phu Trong and US President Donald Trump on Feb. 27 witnessed the signing of cooperation agreements between the two countries.
Party General Secretary and President of Vietnam Nguyen Phu Trong had talks in Hanoi on February 27 with US President Donald Trump, who said his country will continue cooperating with Vietnam to promote the substantive development of the countries’ comprehensive partnership.
Vietnamese cariers signed aviation deals with US firms worth 21 bln USD during US President Donald Trump’s visit to attend the second DPRK - USA Summit.
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The event aimed to update businesses on new regulations and compliance requirements regarding US tax, trade, and customs policies, while offering practical solutions to facilitate exports amid shifting trade dynamics.
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Minister of Industry and Trade Nguyen Hong Dien acknowledged that despite concerted efforts by ministries and local authorities in combating fake and substandard goods, the situation remains highly complicated, attributing the persistent challenges to high profits luring numerous participants, increasingly sophisticated violations, limited resources within enforcement agencies.
The group also placed among the Top 5 energy companies in Southeast Asia and secured the top spot among the largest Vietnamese enterprises featured on the list.
Deputy Prime Minister Vuong Dinh Hue (R) receives Charles Freeman, Senior Vice President for Asia at the US Chamber of Commerce, in Hanoi on March 8 (Photo: VNA) 
