Tuesday, December 3, 2024 3:54:24 AM - Markets closed
VN-INDEX 1,251.21 +0.75/+0.06%
HNX-INDEX 225.32 +0.68/+0.30%
UPCOM-INDEX 92.44 -0.30/-0.32%
Vietnam, US to augment ties in economy-trade investment, defence
vietnamplus.vn - 5/24/2019 12:58:34 PM
 (0 ratings. You must sign in to rate.)
 Deputy Prime Minister and Foreign Minister Pham Binh Minh had meetings with several US officials in Washington DC on May 23 as part of his official visit to the North American nation.
 
Talking to Treasury Secretary Steven Mnuchin, Deputy PM and Foreign Minister Minh affirmed that Vietnam has been improving its investment climate, and it encourages US companies to invest and do business in the country. He also proposed that the two sides continue handling issues of shared concern in the spirit of promoting win-win trade.
 
Secretary Mnuchin agreed to keep fostering economic, trade and investment ties, considering these as a foundation for the two countries’ relations. He also appreciated Vietnam’s active sharing of information and settlement of some priority economic-financial issues.
 
At another meeting, the Vietnamese official and Commerce Secretary Wilbur Ross reviewed the progress in bilateral economic-trade links. 
 
To support the upward trend of these partnerships, they agreed to continue optimising available cooperation mechanisms, including the Trade and Investment Framework Agreement, while negotiating new, stable and long-term economic-trade frameworks that match the characteristics and scale of the two countries’ economic ties and overall relations.
 
Meeting with Acting Defence Secretary Patrick Shanahan, Deputy PM and Foreign Minister Minh appreciated the US Department of Defence for allocating part of its budget for the dioxin remediation project at Bien Hoa airbase, which was officially launch in April this year.
 
The two sides agreed to further enhance cooperation under the 2011 memorandum of understanding on defence cooperation and the 2015 joint vision statement on defence cooperation, including in marine security, unexploded ordnance clearance, the Bien Hoa airbase dioxin remediation project, support for Agent Orange/dioxin victims, and search for Vietnamese soldiers missing in action.
 
The Vietnamese official also met with Eliot Engel, Chairman of the US House of Representatives’ Committee on Foreign Affairs. Engel emphasised his support for the two countries’ comprehensive partnership, affirming that the US congress will continue supporting budget allocation for cooperation with Vietnam in war consequence settlement, especially the Bien Hoa airbase dioxin remediation project and supporting persons with disabilities.
 
He noted that the US congress pays attention to the East Sea situation and supports the maintenance of freedom, safety and security of navigation and aviation, as well as the peaceful handling of disputes on the basis of international law, including the 1982 UN Convention on the Law of the Sea.
 
Receiving Executive Vice President of the AES Corp. Gustavo Pimenta, Deputy PM and Foreign Minister Minh reiterated that the Vietnamese Government always creates the best possible conditions for US businesses to operate, especially in the field of energy. He expressed his belief that the AES’s investment projects in Vietnam will be successful and help attract more projects of US firms to the Southeast Asian nation.-VNA
 
Read original article here
 
Newer News
02/12 VN wood product exporters could leverage trade deal with UK: experts
02/12 Sustainability boosts resilience in green and digital revolution
02/12 Carbon market – a key for Vietnam on the path to net zero
29/11 Nghe An approves US$590 million fabric factory investment from Singapore
29/11 Electrifying Hanoi: greening the capital with electric vehicles
29/11 Peru’s mega-port to open opportunities for Vietnam's import-export, logistics
29/11 M&A in Vietnam expected to be bustling in 2025
29/11 Vietnam’s auto industry solidifies its place in the global market
28/11 Rice export hits a fresh record of $5 billion
28/11 Wood exports poised to exceed target despite market challenges
Older News
24/05 Vietnam’s exports to Thailand shoot up
23/05 Petrolimex plans convenience stores at gas stations
22/05 Deputy PM wants to increase value of Vietnamese brands
21/05 Vietnam-Russia economic, trade relations continue to thrive
19/05 Fund for development of SMEs to established
17/05 Vietnamese firms move to foster apparel exports to Canada
16/05 Industry 4.0 could boost Việt Nam’s GDP by up to 16 per cent
16/05 Vietnam enjoys advantages for raising grass-fed cattle
15/05 Japan among top 10 importers of Vietnam’s tra fish for first time
14/05 US-funded firms hoped to take lead in connecting with Vietnamese peers
 
Newsletter Signup
Top Stories
VCCI recommends mineral mining rights be granted through auction and bidding
Central bank works to raise interbank rates and ease forex market
Inflation a concern following salary increases
National Council for Sustainable Development established
Việt Nam, Cambodia look forward to $20 billion trade
Market Update
Last updated at 3:05:01 PM
VN-INDEX 1,251.21 +0.75/+0.06%
Real-time chart
Top 5 Actives
Top 5 Gainers
Top 5 Losers
My Favorite Quotes
Company Research
Type in the symbol above for thorough background information, key statistics and financial information.
Stock Sectors
We continuously improve our services, here are the latest updates...
Portfolio
Allow you to monitor a customised group of securities. You can set up multiple Portfolios to help you better manage your investments.
Trigger Alerts
Get up-to-date alerts delivered directly to your email address.
Stock Screener
Allow you to filter the market and find exactly what sort of company you are looking for.
Live Terminal
Get instant access to FREE REAL-TIME streaming quotes for hundreds of stocks from HOSE, HNX and UPCOM exchanges.