Vietnam, US seek to beef up business, trade cooperation

Minister of Public Security Gen. To Lam held an online meeting with a high-ranking delegation of the US-ASEAN Business Council (USABC).
Vietnam, US seek to beef up business, trade cooperation ảnh 1Minister of Public Security Gen. To Lam at the event. (Photo: VNA)

Hanoi (VNA) – Minister of Public Security Gen. To Lam held an online meeting with a high-ranking delegation of the US-ASEAN Business Council (USABC).

Lam said amid the COVID-19 pandemic, the online meeting showed the US private economic sector’s good will and commitment to maintain and further promote Vietnam-US bilateral ties in the mutually-beneficial spirit and realising Vietnam’s priority goals, including digital transformation and sustainable development.

He hailed the US as one of the leading trade partners and importers of Vietnam thanks to the two governments’ strategic visions as well as active and effective participation of their private enterprises and organisations, including the USABC.

The Vietnamese minister added that difficulties faced by US businesses and foreign production partners in Vietnam due to the pandemic are only short-term and temporary.

He hoped that the US business community would accompany Vietnam in the spirit of “harmony of interests”, promptly seize opportunities and seek proper ways to maintain and develop business and production in the new situation.

Ambassador Michael Michalak, Senior Vice President and Regional Managing Director of the USABC, spoke highly of development strides in the US-Vietnam cooperative relations in the recent past.

He expressed his wish that the Vietnamese Government and the Ministry of Public Security in particular would continue offering favourable conditions for US enterprises to do stable, long-term business in the country.

At the event, both sides discussed issues of shared concern such as the Law on Cyber Security, the decree on personal data protection and intellectual property in a constructive and open manner./.

VNA

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