WASHINGTON: America welcomed Vietnam’s planning and funding minister on Tuesday (Jun 25) for talks on enhancing financial cooperation, and mentioned ties had been stronger than ever, days after Hanoi upset Washington by internet hosting Russian President Vladimir Putin.
The US State Division mentioned this week’s dialogue would cowl financial safety, semiconductors, the funding local weather, digital financial system, our on-line world, vitality, and significant minerals.
Final 12 months, Washington upgraded US-Vietnam ties to a “complete strategic partnership”.
Russian President Vladimir Putin’s go to to Vietnam final week drew sharp US criticism. Washington subsequently mentioned it might keep centered on deepening ties with Hanoi because the US works to counter rivalry with China.
The US is to resolve by July 26 on whether or not to raise Vietnam to market-economy standing, which would cut back punitive anti-dumping duties set on Vietnamese imports given its present standing as a non-market financial system marked by heavy state affect.
“The connection between Vietnam and the U.S. is as sturdy, we imagine, because it has ever been,” mentioned US Beneath Secretary for Financial Development, Power, and the Surroundings Jose Fernandez.
He instructed the opening session that US-Vietnam commerce was now price US$124 billion, making Vietnam the US’s ninth largest companion in commerce in items.
Addressing Vietnam’s Minister of Planning and Funding Nguyen Chi Dung, Fernandez mentioned US enterprise had been “very excited,” about Vietnam however added:
“We’ve to remember whereas traders are bullish on Vietnam, we wish to ensure that they’ve the regulatory and decision-making atmosphere … they require so as to proceed their enlargement in your nation.”
