Chairman of the US Ex-Im Bank Fred Hochberg has lauded Vietnam for its macroeconomic stability, consistent high growth rate, and proactive international integration.

Fred Hochberg made the remark during a recent meeting with Vietnamese Ambassador to the US Pham QuangVinh at the bank’s headquarters in Washington D.C.

He said Vietnam and the US have made significant advancements in economics, trade and investment, highlighting the 36 billion USD in two-way trade between the two countries in 2014.

He affirmed that the bank will continue encouraging and supporting American businesses to invest in Vietnam.

For his part, Pham QuangVinh spoke highly of the bank’s cooperation on the infrastructure development in Vietnam.

He expressed his hope that the bank will continue financing projects in transportation, renewable energy, water treatment, and medical services.-VNA