Deputy Prime Minister Vuong Dinh Hue speaks at the AmCham Gala 2017 (Photo: toquoc.vn) Hanoi (VNA) – Vietnam and the US havewitnessed remarkable strides and historical milestones in their relations overthe past 20 years, especially in economics and education-training.
Deputy Prime Minister Vuong Dinh Hue made theremarks while addressing the AmCham Gala 2017 organised by the US Chamber ofCommerce in Hanoi on March 25.
The establishment of the comprehensivepartnership in 2013 has created a firm foundation for the two countries todevelop their all-around rapports in the region and beyond, he said.
Particularly the two sides have reaped positiveoutcomes in economic-trade-investment ties, with the bilateral trade enjoyingan annual growth of 20 percent, making Vietnam one of the biggest tradepartners of the US in Southeast Asia, he added.
The US is the seventh largest investor inVietnam with a total investment of over 11 billion USD.
Regarding education-training cooperation, morethan 28,000 Vietnamese students are pursuing learning and research courses atUS universities.
Many US students consider Vietnam a must-seedestination to enrich their life experiences, the Deputy PM said.
He also hailed the crucial role of AmCham andthe US business community in the Vietnam-US relations over the past twodecades.
The operation of the US firms in Vietnam hashelped the Southeast Asian country integrate more intensively into the globaleconomy and secure a foothold in the global supply chain, he added.
He hoped the US enterprises will continuejoining hands with Vietnam to boost the win-win cooperation in the coming time.
The strong reforms of the Vietnamese Party andstate over the past time will create a favourable business condition forforeign companies, including those from the US, he said.
He noted that Vietnam recorded a positive growthin 2016 with the establishment of over 110,000 businesses.
The country is also hosting the Asia-PacificEconomic Cooperation (APEC) forum, he said, adding that the active support andparticipation of the US leaders in the APEC Year 2017 is not only important toVietnam but also to the whole region for peace, stability and commondevelopment.
Vietnamese leaders have invited US PresidentDonald Trump to attend the APEC Economic Leader's Meeting and pay an officialvisit to Vietnam, Hue said.
“It is a high time for the two countries toexert more efforts and promote creativity to maintain and boost the momentum ofdevelopment,” he noted.
Speaking at the event, US Ambassador to VietnamTed Osius recognised the recent reforms of the Vietnamese government inadministrative procedures and business development.
He also expressed his regret that the Trans-PacificPartnership (TPP) agreement was not supported by President Donald Trump andaffirmed there is no trade protectionism in the US.
Trade, investment, and education-training willbe mutual benefits of the future cooperation of Vietnam and the US, he noted.-VNA
VNA
