The current trends in economic and trade cooperation between Vietnam and the US guarantee big growth in two-way trade and investment in next 10 years and warrant upgrading the partnership to a strategic level, said Ted Osius, President and CEO of the US - ASEAN Business Council (USABC).
The Vietnam-US supply chain needs to be consolidated to improve its resilience and to maximise profitability for “links” in the chain, said experts at the Vietnam-US Trade Forum themed “Changes – Challenges – Adaptation”.
Vietnam and the US have recorded impressive growth in their relations over the past years but they are also facing many challenges, so their state agencies and enterprises should actively exchange views and cooperate to help bilateral partnerships achieve balance and sustainability, heard a trade forum in Ho Chi Minh City on November 17.
Vietnam is seeing great opportunities in the US market, said Commercial Counsellor in the US Do Ngoc Hung who showed optimism about Vietnam-US trade prospects.
Vietnam is ready to keep frequent contact with the US to deal with emerging issues, an official from the Ministry of Foreign Affairs said on August 11 regarding an official US launch of an anti-circumvention investigation into steel pipe imported from Vietnam.
With Vietnam-US economic relations having grown steadily over time, the American business community is very optimistic and working very hard in Vietnam, according to Virginia B. Foote, President of the Board of the US International Centre.
Prime Minister Pham Minh Chinh on May 15 (US time) had meetings with American friends who have stood by Vietnam and its people as part of his working visit to the US.
Prime Minister Pham Minh Chinh’s working visit to the US and the United Nations from May 11 to 17 will be an occasion for the two countries to discuss ways for obtaining harmonious and sustainable trade relations.
Vietnamese Minister of Industry and Trade Nguyen Hong Dien has held a virtual meeting with the US Trade Representative, Ambassador Katherine Tai, and Singaporean Minister for Trade and Industry Gan Kim Yong.
National Assembly (NA) Chairman Vuong Dinh Hue on March 9 received President and CEO of the US-ASEAN Business Council (USABC) Ted Osius and executives of some US firms operating in the consumer goods, industrial energy, IT, and financial service industries.
Vietnam and the US should enhance connectivity and work to ensure continuity of supply chains and prevent adverse impacts on the production sector, which has already been affected by the COVID-19 pandemic, an official has said.
There are great opportunities and a bright future for US companies within sight in Vietnam despite the economic implications of the COVID-19 for the country, said Adam Sitkoff, executive director from the American Chamber of Commerce (AmCham) Hanoi, in a recent interview.
Bilateral trade between Vietnam and the US set a new milestone, hitting 111.5 billion USD in 2021, up nearly 21 billion USD over the previous year, according to the General Department of Customs.
Bilateral trade between Vietnam and the US set a new milestone, hitting 111.56 billion USD in 2021, up nearly 21 billion USD over the previous year, according to the General Department of Customs.
Vietnam’s honey products are different from those produced in the US so they do not cause damage to the US’s apiculture sector, Deputy Director of the Ministry of Industry and Trade’s Trade Remedies Authority of Vietnam Pham Chau Giang said at the Vietnam – US Trade Forum 2021 which was held both online and offline on December 7.
Vietnam-US economic and trade ties have reaped great achievements, contributing to practically deepening the comprehensive partnership between the two countries, heard a forum in Hanoi on December 7.
Trade has become a pillar of the growing bilateral relationship between Vietnam and the US, Hoang Quang Phong - Vice Chairman of the Vietnam Chamber of Commerce and Industry said on November 16.
Trade has become a pillar of the growing bilateral relationship between Vietnam and the US, Vice Chairman of the Vietnam Chamber of Commerce and Industry (VCCI) Hoang Quang Phong said on November 16.
The relations between Vietnam and the US would continue to grow stably in the time ahead, with economic and trade cooperation the centre and key momentum of the bilateral ties, Vietnamese and US officials said.
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