Saturday, December 2, 2023 2:52:43 AM - Markets open
VN-INDEX 1,102.16 +8.03/+0.73%
HNX-INDEX 226.26 +0.11/+0.05%
UPCOM-INDEX 85.19 +0.20/+0.24%
PM suggests Việt Nam, US create cooperation breakthroughs
Vietnam News - 9/20/2023 5:46:03 PM
 (0 ratings. You must sign in to rate.)
 Prime Minister Phạm Minh Chính suggested Việt Nam and the US create breakthroughs in cooperation in science-technology, innovation, and education-training at a meeting with US Trade Representative Katherine Tai in Washington DC on September 19.
Host and guest shared the view that the formation of the Comprehensive Strategic Partnership for peace, co-operation and sustainable development on the occasion of the recent state visit to Việt Nam by President Joe Biden will open up a new stage for the intensive and extensive co-operation between the two countries, particularly in economy, trade and investment.
Chính thanked the Trade Representative for her contributions to the development of the bilateral ties, and suggested the two sides actively coordinate to quickly materialise agreements reached by their high-ranking leaders, including the US’s priority of accelerating the recognition of Việt Nam’s market economy mechanism, and further opening door for Vietnamese goods like garments-textiles, footwear and farm produce, as well as its consideration of interests of Vietnamese businesses, and not imposing trade remedies on Vietnamese goods on the basis of ensuring balance, fairness and mutual benefits.
The PM also suggested the US help Việt Nam in building a semiconductor-related supply chain.
Tai, for her part, emphasised the importance of the Comprehensive Strategic Partnership, which, she said, will open up opportunities for the two sides to boost their economic-trade ties.
Recalling her visit to Việt Nam in February, the Trade Representative said it helped her understand much more about the Southeast Asian nation.
The US always regards Việt Nam as an important partner in the region, and hopes for stronger economic and trade co-operation, she said, pledging that the Office of the Trade Representative will further play a role in enhancing the bilateral relations in the time ahead.
Tai also noted her hope that Việt Nam will continue supporting efforts to soon conclude the discussion of the Indo-Pacific Economic Framework for Prosperity (IPEF), for the sake of countries and people in the region.
The same day, Chính met with US Commerce Secretary Gina Raimondo, during which the PM affirmed that Việt Nam has taken economic-trade-investment cooperation as a foundation and a driving force of the Comprehensive Strategic Partnership.
Prime Minister Phạm Minh Chính and US Commerce Secretary Gina Raimondo. — VNA/VNS Photo
He highly valued practical contributions by the US Department of Commerce and its Secretary to fostering the trade ties between the two countries over the past time.
To effectively implement the Comprehensive Strategic Partnership, the PM suggested the US soon recognise Việt Nam’s market economy mechanism, pay more attention to enhancing the economic-trade relations, especially encouraging US high-tech firms to operate in Việt Nam, and step up delegation exchange and experience sharing.
The two countries should promote collaboration in climate change response, green growth and renewable energy, he continued.
Raimondo shared Chính’s views on the importance of President Biden’s Việt Nam visit earlier this month, and the establishment of the Comprehensive Strategic Partnership.
US firms are interested in seeking business and investment opportunities in Việt Nam, the official said, expressing her belief that after the conclusion of the IPEF discussion, more US businesses and investment funds will inject capital in the Southeast Asian nation.
Chính suggested the US further open its door for Vietnamese goods like electronics, garment-textiles, footwear, agricultural products and fresh fruits, and work together with Việt Nam to maintain the growth pace of the two-way trade.
Raimondo pledged to urge the US to soon recognise Việt Nam’s market economy mechanism, and coordinate to put in place the contents agreed in the joint statement, especially in economy, trade and investment, thus making the bilateral cooperation more intensive, extensive, substantive and effective. — VNS
Read original article here
Newer News
01/12 Capital city's GRDP forecast to expand by 6.11% in 2023
01/12 Agro-forestry-aquatic trade surplus up nearly 34% in 11 months
30/11 Foreign investment flows into Việt Nam go up 14.8 per cent in 11 months
30/11 November’s CPI grows 3.45 per cent
30/11 Vietnamese export goods face increasing trade defence measures in CPTPP markets
30/11 Local companies as buyers, a positive sign for M&A market: forum
28/11 PM asks central bank to ensure sufficient credit flow for the economy
28/11 Quảng Ninh speeds up disbursement of public investment capital
25/11 German firms consider Việt Nam potential destination: survey
22/11 Việt Nam's digital economy to reach $45 billion by 2025
Older News
20/09 Fertiliser imports reach two-year high in August
18/09 Most annual growth targets are on track: MPI
15/09 Forum promotes Việt Nam–US trade, investment relations
15/09 SOEs should take the lead in promoting innovation, enhancing competitiveness, PM urges
13/09 Việt Nam wants to join in consumer goods supply chain: Deputy PM
11/09 Market expected to perform positively on Biden's visit
06/09 PM urges efforts to ensure power, petroleum supply
31/08 VN's macro-economic indices in August released
31/08 Construction material prices forecast to increase sharply in Q3
30/08 Foreign investment remains on upward trend
Newsletter Signup
Top Stories
Gov’t to tighten oversight of banking, securities following recent scandals
Banks increase capital through paying dividends in shares
VN-Index loses nearly 11 per cent in October
Market's recovery momentum remains, but facing supply pressure
Market likely to continue fluctuating this week
Market Update
Last updated at 3:05:01 PM
VN-INDEX 1,102.16 +8.03/+0.73%
Real-time chart
Top 5 Actives
Top 5 Gainers
Top 5 Losers
My Favorite Quotes
Your most recently viewed tickers will automatically show up here if you type a ticker in the Get Quotes box on the top of the page.
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...
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.