Vietnam – US investment and trade activities to be strengthened

At the reception (Photo: CPV)

So said Politburo member Nguyen Van Binh, head of the Party Central Committee’s Economic Commission in Hanoi during a reception for Adam Boehler, CEO of the US International Development Finance Corporation (DFC), on October 26.

During the reception, he said the current visit by a high-ranking delegation from US government agencies demonstrates the sense of initiative, proactiveness, and strong commitment of the US in promoting the countries’ comprehensive partnership, affirming that bilateral relations are thriving in a practical manner.

According to Vietnam News Agency (VNA), he underlined Vietnam’s consistent policy that the country has been exerting efforts to carry out solutions towards balancing trade with the US in a sustainable way.

Vietnam is committed to bolstering relations with the US, and in the trade sector in particular, in a fair and “win-win” manner, as a trusted partner, he noted.

Binh urged the DFC and the Export-Import Bank of the US (EXIM) to further engage in boosting two-way trade and investment, adding that strengthening trust is among the key factors in fostering the countries’ comprehensive partnership for the sake of their peoples, thereby contributing to peace, stability, cooperation, and development in the region, VNA reported.

For his part, Boehler affirmed that Vietnam is an important partner of the US in the region.

He emphasised that private investment from the US and the DFC in significant infrastructure projects in Vietnam will be further bolstered in the time to come, particularly in energy.

He expressed his hope that Vietnam will continue working with the US on addressing the latter’s bilateral trade deficit./.


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