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Host and guest shared the view that the formation of the Comprehensive Strategic Partnership for peace, cooperation and sustainable development on the occasion of the recent state visit to Vietnam by President Joe Biden will open up a new stage for the intensive and extensive cooperation between the two countries, particularly in economy, trade and investment. Pham Minh Chinh thanked the Trade Representative for her contributions to the development of the bilateral ties, and suggested the two sides actively coordinate to quickly materialize agreements reached by their high-ranking leaders, including the U.S.’s priority of accelerating the recognition of Vietnam’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 … [Read more...] about Prime Minister suggests Vietnam, U.S. create cooperation breakthroughs

Prime Minister Pham Minh Chinh (right) and US Trade Representative Katherine Tai. (Photo: VNA) Washington D.C. (VNA) – Prime Minister Pham Minh Chinh suggested Vietnam 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 D.C. on September 19. Host and guest shared the view that the formation of the Comprehensive Strategic Partnership for peace, cooperation and sustainable development on the occasion of the recent state visit to Vietnam by President Joe Biden will open up a new stage for the intensive and extensive cooperation between the two countries, particularly in economy, trade and investment. Chinh 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 … [Read more...] about PM suggests Vietnam, US create cooperation breakthroughs

In the long term, US businesses and corporations may explore the feasibility of setting up semiconductor chip manufacturing facilities in Vietnam. The semiconductor industry offers great opportunities for cooperation between Vietnam and the US, carrying substantial implications for the bilateral relations in the new development phase . Overview of the meeting. Photos: Nhat Bac/VGP This view was shared at a meeting between Prime Minister Pham Minh Chinh and CEO of the Semiconductor Industry Association (SIA) John Neuffer, along with executives from US leading firms in the semiconductor industry on September 19 in Washington . Nguyen Chi Dung, Minister of Planning and Investment, said the meeting marks the next phase in the implementation of collaborative initiatives between US semiconductor organizations and businesses, joining forces with Vietnamese partners to create opportunities for market expansion and enhance Vietnam's capabilities in the … [Read more...] about Vietnam-US semiconductor cooperation significant to bilateral relations

The two sides shared delight at the positive progress in the relations between the two parties and countries over the years, while discussing and agreeing on measures to strengthen the friendship and cooperation between Vietnam and China in all fields, including collaboration between the Vietnam Fatherland Front (VFF) and the CPPCC. Prime Minister Pham Minh Chinh conveyed regards from Vietnamese high-ranking leaders and VFF Central Committee President Do Van Chien to Wang, underlining that Vietnam and China have enjoyed a close neighborliness, and the two parties, countries and peoples have given each other priceless support during the past struggle for national independence and current socialism building cause. Vietnam always attaches great importance to maintaining and developing the comprehensive strategic cooperative partnership with China, taking it as a consistent, strategic and long-term policy as well as the leading priority in the country’s external policy. Prime … [Read more...] about Prime Minister meets leader of Chinese People’s Political Consultative Conference

The event, part of his trip to attend the high-level week of the 78th United Nations General Assembly and bilateral activities in the U.S., was also attended by U.S. Ambassador to Vietnam Marc Knapper and President and CEO of the U.S.’s Semiconductor Industry Association (SIA) John Neuffer. The U.S. businesspeople spoke highly of the potential of the semiconductor industry in Vietnam, which boasts high-quality human resources and increasingly improved capacity of local enterprises and training establishments. They held that the two countries’ cooperation potential in this industry is substantial and highly meaningful for bilateral relations in the new period. Participants discussed investment opportunities in Vietnam and proposed cooperation measures for developing a semiconductor ecosystem in the country, with the U.S. being a strategic partner of leading importance. In the long term, they said, U.S. firms can consider the possibility of building chip factories in Vietnam. PM … [Read more...] about Prime Minister calls on U.S. semiconductor firms to invest more in Vietnam