Party official receives head of US finance corporation

Nov 20th at 20:11
20-11-2020 20:11:55+07:00

Party official receives head of US finance corporation

Politburo member Nguyen Van Binh, head of the Party Central Committee’s Economic Commission in Hanoi, hosted a reception for Adam Boehler, CEO of the US International Development Finance Corporation (DFC), on October 26.

Party official receives head of US finance corporation
Politburo member Nguyen Van Binh (R) and CEO of the US International Development Finance Corporation Adam Boehler - Photo: VGP

Binh said the current visit by a high-ranking delegation from US government agencies demonstrates the sense of initiative, proactiveness, and strong commitment of the US in promoting the countries’ comprehensive partnership, affirming that bilateral relations are thriving in a practical manner.

He affirmed that the Party and State always treasure relations with the US and welcomes US businesses to invest in the country, especially in spheres where the US has strengths, such as energy, high-quality infrastructure, medical devices, and biotechnology.

He underlined Vietnam’s consistent policy that the country has been exerting efforts to carry out solutions towards balancing trade with the US in a sustainable way.

Vietnam is committed to bolstering relations with the US, and in the trade sector in particular, in a fair and “win-win” manner, as a trusted partner, he noted.

For his part, Boehler affirmed that Vietnam is an important partner of the US in the region.

He emphasised that private investment from the US and the DFC in significant infrastructure projects in Vietnam will be further bolstered in the time to come, particularly in energy.

He expressed his hope that Vietnam will continue working with the US on addressing the latter’s bilateral trade deficit.

VietNam Economic News



RELATED STOCK CODE (3)

NEWS SAME CATEGORY

Asia Commercial Joint Stock Bank and Sun Life Vietnam announce a 15-year exclusive bancassurance partnership in Vietnam

On November 18th,  Asia Commercial Joint Stock Bank (ACB) and Sun Life Vietnam Insurance Company Limited (Sun Life Vietnam), a subsidiary of Sun Life Financial Inc...

Central bank buys $1.3 bln in foreign currencies

The State Bank of Vietnam has bought up VND30 trillion ($1.29 billion) in foreign currencies from commercial banks, brokerage firm SSI has reported.

Banks raise foreign ownership ratio to improve financial strength

Vietnamese banks have been increasing their foreign ownership ratios to attract investment and improve financial strength.

E-commerce brands dominate YouGov Best Brands ranking in Vietnam

E-commerce brands shine in this year's annual YouGov Best Brands list on the healthiest brands in the nation.

Covid-19 accelerates digital transformation process of Vietnam banking sector

Many banks are on the brink of losing their market shares in case they lag behind in the digitalization process.

State Bank of Vietnam not intervening in OMO

The State Bank of Vietnam discontinued support to the Treasury Bill (T-Bill) market for the eighth month in a row, and to Open Market Operations (OMO) for the fifth...

Vietnamese dong to strengthen in 2021: VNDirect Securities

The Vietnamese dong will remain stable for the rest of the year but may appreciate by 0.5 per cent in 2021, VNDirect Securities Corp forecast.

Tax from e-commerce increases

Tax declared from e-commerce activities had been increasing, reported the General Department of Taxation.

Five priorities of Vietnam c.bank under new governor

The banking sector should be a pioneer in the digital transformation process, Prime Minister Nguyen Xuan Phuc has said.

Banks raise foreign ownership ratio to improve financial strength

Vietnamese banks have been increasing their foreign ownership ratios to attract investment and improve financial strength.

Bank stocks

Insurance stocks


MOST READ


Back To Top