Deputy PM Hue: VN attaches importance to relations with US

Deputy Prime Minister Vuong Dinh Hue. Photo: VGP

In the talks, Deputy PM Hue highlighted the bilateral cooperation in economy and trade, with bilateral trade value reaching US$60 billion last year. Of this figure, exports from the US rose to over US$12 billion , an increase of more than 36% over that of 2017.

Hue further affirmed that the Vietnamese Government advocates continuing to improve the investment environment and facilitate US firms to invest and do business in the country, and that instructions will be given to Viet Nam's relevant ministries and sectors to actively address concrete concerns of the US side like the import of automobiles, cyber security, e-payment, and financial and monetary issues.

For his part, Secretary Mnuchin spoke highly of the prospects in the bilateral relations in economy, trade and investment, as well as the Vietnamese Government’s attention to and facilitation of the settlement of the issues of the US concern.

He welcomed the recent signing of a number of economic cooperation totaling US$21 billion during President Donald Trump’s trip to Viet Nam on the sidelines of the US-Democratic People’s Republic of Korea summit.

The US official expressed his hope that the two sides continue to push up the cooperation in the time to come and highly valued Viet Nam’s provision of information for the US side on Viet Nam’s advocates in the financial and monetary fields, and asked Viet Nam to continue exchanging ideas with the US side on this matter.

Both sides agreed to continue further fostering their cooperation in financial – monetary, economic – trade spheres and investment, thus making important contribution to the maintenance and acceleration of the bilateral relations towards the celebration of the 25th anniversary of the establishment of the Viet Nam – US diplomatic relations next year./.