Business

Vietnam, US state step up cooperation

The Vietnamese trade office in the US had a working session with Secretary of the Department of Commerce of Maryland state Kevin Anderson on March 18, seeking cooperation opportunities between Vietnam and the US state.
Vietnam, US state step up cooperation ảnh 1The Vietnamese trade office in the US has a working session with the Department of Commerce of Maryland state on March 18. (Photo: VNA)
Washington (VNA) – The Vietnamese trade office in the US had a working sessionwith Secretary of the Department of Commerce of Maryland state Kevin Andersonon March 18, seeking cooperation opportunities between Vietnam and the USstate.

At the event, Anderson said Maryland is interested in cooperation in the areasof trade, agriculture, education, logistics, tourism, and investment in smartphone production.

Maryland, spanning over 32,000 square kilometres in the northeastern part ofthe US, boasts strength in tourism, retail sales, communications and finance,education, agriculture, energy, and science technology. The state is workingtowards expanding and signing cooperative agreements with internationalpartners, including those in Southeast Asia.

Currently, it has three free trade zones to attract investment and production.

The Vietnamese trade office proposed a technical study to consider a Memorandumof Understanding (MoU) between the Ministry of Industry and Trade and theMaryland administration based on several MoUs that Vietnam has clinched with WestVirginia state and Oregon state and one to be signed with Washington state.

Speaking highly of the recommendation, Anderson said Maryland will have aninternal discussion and discuss the issue soon.

The Vietnamese side took the occasion to invite Anderson to the VietnamInternational Sourcing Expo that will take place in Ho Chi Minh City in June.The latter said he and Maryland Governor Wes Moore have been interested inenhancing the economic and trade ties with Vietnam, and will arrange time tojoin the event.

Besides, the office asked for Anderson’s support in pushing for Vietnam’s recognition as a market economy by the US./.
VNA
#Vietnamese trade office #Marland state #Department of Commerce #cooperation #market economy status #US #Vietnam News Agency #Vietnamplus United States
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