Deputy Prime Minister and Foreign Minister Pham Binh Minh meets with US Secretary of the Treasury Steven Mnuchin in Washington, D.C., May 23, 2019 At meeting with the Secretary of the Treasury, Deputy PM, FM Minh affirmed Viet Nam encourages American enterprises to do business in the Southeast Asian country where business climate is improving. Minh suggested the two countries work together to address emerging issues with a view to fostering bilateral trade ties for mutual benefits. Secretary Mnuchin agreed to further strengthen trade and investment cooperation with Viet Nam, considering it as the foundation of the Viet Nam-US relationship. Deputy Prime Minister and Foreign Minister Pham Binh Minh and US Secretary of Commerce Wilbur Ross in Washington, D.C., May 23, 2019 Meanwhile, Deputy PM, FM Minh and the Secretary of Commerce agreed both countries will continue the existing mechanisms like the trade and investment framework … [Read more...] about US supports stronger trade and investment ties with VN
Trade and investment framework agreement
Business discussions to advance US Vietnam trade and investment
The American Chamber of Commerce in Hanoi (AmCham) and the US Chamber of Commerce, in co-operation with the Vietnam Chamber of Commerce and Industry (VCCI), hosted a major conference on the future of US-Vietnam commercial relations on May 10 in Hanoi. Deputy Prime Minister Trinh Dinh Dung speaking at the 2019 US-Vietnam Business Summit The 2019 US-Vietnam Business Summit celebrated 25 years of trade and investment and welcomed Deputy Prime Minister Trinh Dinh Dung and over 250 government and industry leaders from both countries to build on the current positive momentum in bilateral economic relations and to address the many areas where inconsistencies, inefficiencies, and unfair practices persist. Welcoming guests in his keynote speech, AmCham chairwoman Natasha Ansell stated: “American companies have invested billions of dollars here, integrating Vietnam into the global supply chain, creating quality jobs for Vietnamese workers, and opening a new market for US goods … [Read more...] about Business discussions to advance US Vietnam trade and investment
Việt Nam and Nepal have great potential in trade and investment
HÀ NỘI – Việt Nam and Nepal have great potential in strengthening trade and investment activities in the future, Minister of Industry and Trade Trần Tuấn Anh said at the Việt Nam-Nepal Business Forum in Hà Nội yesterday. The bilateral trade value reached $26.7 million in 2018, of which Việt Nam’s export value to Nepal stood at $26.4 million and its import value from Nepal at $300,000, according to the minister. This is a small number compared with the great potential in trade activities between the two countries, according to the minister. Besides that, the structure of imports and exports has been complementary, not directly competitive. "Việt Nam now has advantages in expanding export markets, including joining global value chains, and has created favourable conditions for the Vietnamese and Nepalese business community in developing trade and investment activities between the … [Read more...] about Việt Nam and Nepal have great potential in trade and investment
Vietnam says to make trade and investment environment more liberal
Vietnam says to make trade and investment environment more liberalThe Saigon Times Daily Two men are seen working at a factory in Vietnam. Vietnam will create an open trade and investment environment to welcome all European firms and investors – PHOTO: QUOC HUNG HCMC – Vietnam will decisively create an open trade and investment environment to welcome European firms and investors despite the potential risks associated with international trade, Deputy Minister of Industry and Trade Tran Quoc Khanh said at a summit conference held in Brussels on September 18, reported VietnamPlus news website. Speaking at the conference on the EU-Vietnam Free Trade Agreement (EVFTA), representatives introduced the contents of the agreement and the benefits for European firms operating in the sectors of trade in goods and services, commerce, intellectual property protection and ecommerce. Peter Berz, Head of Unit for the Directorate General for Trade of the European Commission (EC), … [Read more...] about Vietnam says to make trade and investment environment more liberal
Deputy PM urges promoting Vietnam-Brazil trade and investment relations
The statement was made by Vietnamese Deputy Prime Minister, Vuong Dinh Hue, at the Vietnam-Brazil Investment and Trade Forum, which was held in the Brazilian state’s capital city of Sao Paulo on July 3. Hue is on an official visit to the Latin American country in order to boost bilateral relations. As a continuation of his activities in Brazil, the visiting senior Vietnamese official attended the forum yesterday and met with several of Brazil's leading businesses. The forum was jointly held by the Sao Paulo Chamber of Commerce and the Embassy of Vietnam in Brazil, attracting more than 100 leading businesses from both countries. Speaking at the opening, Alencar Burti, President of the Sao Paulo Chamber of Commerce, said that this is an opportunity for Vietnam to emerge as a centre for attracting investment from businesses in Sao Paulo. He also urged local enterprises to further strengthen their trade and investment relations with their Vietnamese counterparts. Deputy PM Hue said … [Read more...] about Deputy PM urges promoting Vietnam-Brazil trade and investment relations