During a working session with a delegation from the U.S. - ASEAN Business Council (USABC) in Hanoi on March 23, Anh expressed his delight at the strong and substantial development of cooperation between Vietnamese and U.S. firms. He highly valued the U.S. businesses’ positive contributions to the transformation and growth of Vietnam's economy, and expressed the readiness to engage in dialogues with U.S. enterprises to address obstacles in bilateral economic, trade and investment cooperation. Hailing the U.S. firms for expanding operations, research and development and innovation, he suggested the USABC further enhance its role as a bridge promoting Vietnam - U.S. comprehensive partnership effectively and substantially that are aligned with needs and interests of both sides; step up collaboration in diversifying and ensuring supply chains, and further expand business operations. The USABC delegation vowed to continue partnering closely with Vietnam and nourish Vietnam - U.S. … [Read more...] about Vietnam, U.S. nourish economic, trade, investment ties
Trading economics calendar
Vietnamese PM to attend second Belt and Road Forum in Beijing
Vietnamese Prime Minister Nguyen Xuan Phuc will attend the second Belt and Road Forum for International Cooperation in Beijing, China from April 25 to 27. The trip will be made at the invitation of Chinese President Xi Jinping, Vietnam’s Ministry of Foreign Affairs said in a press release on Monday. The Vietnamese premier will attend the forum’s opening on April 26 before joining President Xi and his spouse in a dinner on the evening of the same day. On April 27, PM Phuc is scheduled to speak at a roundtable summit attended by leaders of 36 other nations and China. The Vietnamese head of government is also expected to hold bilateral talks with top Chinese leaders during his China trip. China has invested over US$80 billion in projects related to the Belt and Road Initiative (BRI) since it was first proposed by President Xi in 2013, according to the National Development and Reform Commission of China. By April 15, 2019, 126 nations and 29 international organizations had … [Read more...] about Vietnamese PM to attend second Belt and Road Forum in Beijing
Solid foundation for Vietnam-Italy relations
According to Professor Pietro Masina , University of Naples “L’Orientale” and Editor-in-Chief of the European Journal of East Asian Studies, the establishment of diplomatic relations between Italy and Vietnam provides a destination, not just a starting point, for the relationship. Since the two countries upgraded the relationship to a strategic partnership in 2013, cooperation has grown in all aspects. In particular, exchanges between friendship associations and sub-associations of the two countries are bricks providing a solid foundation. Two-way trade turnover reached only 1.4 billion USD in 2013 and then 6.2 billion USD in 2022. Vietnam is currently Italy’s largest trading partner in ASEAN, while Italy is Vietnam’s fourth-largest EU partner. In addition to outstanding economic and political achievements, cooperation in the fields of culture, education, science and technology, tourism, and people-to-people exchanges continue to develop, contributing to boosting … [Read more...] about Solid foundation for Vietnam-Italy relations