Banhbao TV

Vietnam and US seek to strengthen business and investment ties

Vietnam and the US discussed stronger business ties, trade and investment cooperation, and Vietnam's preparations for APEC 2027.

Vietnamese Deputy Foreign Minister Nguyen Minh Hang and Pamela Phan in Hanoi
Photo: VNA / VietnamPlus

Vietnamese Deputy Foreign Minister Nguyen Minh Hang said in Hanoi on October 15 that Vietnam and the US should further promote business connections and practical cooperation in trade and investment. She made the remarks while meeting Pamela Phan, former Deputy Assistant Secretary for Asia at the US Department of Commerce.

Phan is in Vietnam for the 9th Vietnam-US Business Summit. Hang welcomed her return in her new role as a Partner at DGA-Albright Stonebridge Group and briefed her on Vietnam's socio-economic achievements, key policies and development orientations for the new period.

Hang highlighted positive and substantive progress in the Vietnam-US Comprehensive Strategic Partnership, particularly in the economy, trade and investment. She also acknowledged the success of the 9th Vietnam-US Business Summit, which helped strengthen dialogue between policymakers and business communities and promote new cooperation ideas and opportunities.

Appreciating Phan's contributions to bilateral relations in recent times, the Deputy Foreign Minister expressed hope that Phan would continue to draw on her experience and professional network in her new role to connect businesses and promote practical cooperation and investment between the two countries.

Phan said she was impressed by Vietnam's socio-economic achievements and praised the positive progress in bilateral ties. She noted significant potential for further cooperation, particularly in the economy, trade and investment, and pledged to continue promoting cooperation and strengthening connections between US businesses and Vietnamese partners.

Regarding cooperation within the framework of Asia-Pacific Economic Cooperation (APEC), Hang affirmed that Vietnam attaches importance to APEC's role in promoting regional economic cooperation and integration.

Vietnam is preparing for APEC Year 2027 to ensure its success, contribute to regional cooperation and strengthen ties with partners, including the US, she said.

Phan commended Vietnam's efforts and preparations for APEC Year 2027. She said the US business community is keenly interested in APEC activities in Vietnam and expressed confidence that Vietnam will successfully host the event, creating further opportunities to strengthen connections and cooperation between the business communities of the two countries and across the region.

Sources: VietnamPlus / Vietnam News Agency