Politics

Party chief hails US firms as key to stronger ties

Party General Secretary To Lam affirmed that Vietnam considers the US a strategically important partner, with economic, trade, investment, and sci-tech collaboration serving as the bedrock and driver of the relationship.

At the reception (Photo: VNA)
At the reception (Photo: VNA)

Hanoi (VNA) – Party General Secretary To Lam on March 18 praised the US business community, particularly the US-ASEAN Business Council (USABC), for its practical contributions to Vietnam-US cooperation in trade and investment.

During a reception in Hanoi for a USABC delegation led by its President and CEO Ted Osius, former US Ambassador to Vietnam, Lam welcomed their working trip, noting that it coincides with the 30th anniversary of Vietnam-US diplomatic ties and the second year of their Comprehensive Strategic Partnership.

Lam affirmed that Vietnam considers the US a strategically important partner, with economic, trade, investment, and sci-tech collaboration serving as the bedrock and driver of the relationship.

He voiced Vietnam’s desire to further strengthen the Comprehensive Strategic Partnership with the US, fostering stable economic and trade ties that benefit both nations’ businesses and citizens while supporting global and regional peace, stability, and prosperity.

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Party General Secretary To Lam (R) and President and CEO of USABC Ted Osius (Photo: VNA)

As the growth of Vietnam-US relations positively impacts US-ASEAN ties, he urged the USABC to continue supporting ASEAN’s unity, cooperation, development and prosperity, touting the region as a dynamic and promising market full of opportunities for US enterprises.

To celebrate the 100th founding anniversary of the Communist Party of Vietnam in 2030 and the 100th anniversary of the country in 2045, he said Vietnam is undertaking comprehensive reforms and completing institutional improvements. These include improving institutional frameworks, upgrading infrastructure, streamlining administrative processes, and boosting apparatus efficiency to facilitate operations of foreign investors, including those from the US.

Underscoring the critical role of sci-tech in Vietnam’s development, he suggested the US enterprises ramp up their investments in key sectors like emerging technologies, digital economy, green transition, renewable energy, and logistics, aligning US strengths with Vietnam’s needs.

Osius and corporate representatives reiterated their dedication to the development of Vietnam - US relations, crediting the Vietnamese leadership’s close attention and guidance. They believed that the strategic vision of General Secretary Lam and other Vietnamese leaders would steer the country toward its development goals./.

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