Trade cooperation a focus of Vietnam-US ties: Deputy PM

The relationship between Vietnam and the US continues to develop effectively in many areas, of which economic and trade cooperation is one of the focuses, said Deputy Prime Minister Vuong Dinh Hue.
Trade cooperation a focus of Vietnam-US ties: Deputy PM ảnh 1At the meeting (Source:VNA)

Hanoi (VNA)
- The relationship between Vietnam and the US continues to developeffectively in many areas, of which economic and trade cooperation is one of thefocuses, said Deputy Prime Minister Vuong Dinh Hue.

TheVietnamese Government official made the remark at a meeting with US Deputy Trade Representative Jeffrey Gerrish in Hanoi on May 21,during which he affirmed that the Vietnamese Government is making great effortsto improve business environment and fine-tune national competitiveness.

Vietnam attaches importance to perfecting institutions and policiesto create favourable conditions for domestic and foreign investors, including thosefrom the US, to operate effectively in the country, Hue stressed.

Sharing Hue’s opinion, Gerrish said theUS would further develop its cooperation with Vietnam.

The US wants to reach agreement with Vietnam in settling problems related to carimport, electronic payment, and regulations in Vietnam’s draft law on cybersecurity that requires servers managing data of Vietnamese users be installed in Vietnam, he noted.

In his reply, Deputy PM Hue said he would ask relevant ministries to propose waysto address the issues mentioned by Gerrish before a delegation of the VietnameseGovernment make a working visit to the US next month.

Regarding the Vietnam-US trade and economic ties, the Vietnamese Government is concernedabout the US’s imposition of anti-dumping tax on shrimp and leather shoes, and hightaxes on steel and aluminium of Vietnam, Hue said.

Gerrish said he believes difficulties between the two sides would soon beresolved, thus pushing the economic relations between the two countries in thecoming time.-VNA


VNA

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