Vietnam contributes to ASEAN-US cooperation in trade, finance

Update: 10:56 | 04/03/2020
Vietnam wants to have more cooperation projects with the US in order to deepen relations between the two countries and promoting ASEAN-US ties for peace, stability, cooperation and development in the region, Vietnamese Ambassador to US Ha Kim Ngoc has said.
TIN LIÊN QUAN
vietnam contributes to asean us cooperation in trade finance Vietnam to join ASEAN-US maritime exercise set for September in Thailand: Spokesperson
vietnam contributes to asean us cooperation in trade finance Vietnam highlights significance of ASEAN – US ties
vietnam contributes to asean us cooperation in trade finance
Vietnamese Ambassador Ha Kim Ngoc (L), EXIM President Kimberly Reed (C) and USTDA Acting Director Thomas Hardy. (Photo: VNA)

In a recent working session in Washington between ASEAN countries’ ambassadors to the US with representatives of the US Trade and Development Agency (USTDA) and the Export-Import Bank of the US (EXIM), Vietnamese Ambassador Ha Kim Ngoc highly valued the ASEAN-US strategic partnership, adding that Vietnam attaches great importance to its comprehensive partnership with the US.

He mentioned a number of priority areas of ASEAN and Vietnam such as energy infrastructure development, transportation, agriculture and health, and asked the US side to develop an overall cooperation strategy with a long-term vision, goals and commitments in Southeast Asia, and see ASEAN as a priority partner.

Ngoc also suggested the US intensify consultations with partners in the region at the government level, as well as authorities and stakeholders at local levels. He also called for the US’s support in human resource training, and technical assistance and cooperation programmes with ASEAN's master infrastructure development plans as well as cooperation plans between ASEAN and its partners such as Japan and Australia.

vietnam contributes to asean us cooperation in trade finance
At the working session. (Photo: VNA)

Sharing the same view, the ambassadors of other ASEAN nations welcomed the role of the USTDA and EXIM in promoting regional cooperation, while pointing out their priorities in infrastructure development.

For his part, USTDA Acting Director Thomas Hardy thanked and acknowledged Vietnam’s recommendations and contributions as well as opinions from other ASEAN countries, stressing that ASEAN is a cooperation priority for the US administration in the framework of its Indo-Pacific Strategy (IPS).

As one of the IPS enforcement agencies, the USTDA promotes the construction of feasible projects to support sustainable and high-quality infrastructure development in Southeast Asia, especially projects in the fields of energy, transport, information technology and health, he stressed.

Hardy said the USTDA welcomes ASEAN countries to share priorities in specific fields and looks forward to ASEAN's support for and cooperation with the USTDA to organise the Indo-Pacific Business Forum scheduled for November 2020 in Ha Noi, Vietnam.

Meanwhile, EXIM President Kimberly Reed updated the ASEAN ambassadors on financial opportunities for the private sector through direct lending, guaranteed loans, and export credit for small businesses.

She affirmed that EXIM is ready to join the USTDA in seeking and strengthening cooperation with ASEAN countries, expressing her thanks to Vietnam as the Chair of ASEAN in 2020 for its appropriate proposals to promote cooperation between the bloc and the two US agencies.

vietnam contributes to asean us cooperation in trade finance Priorities for ASEAN economic pillar unveiled

As ASEAN Chair for 2020, Vietnam will introduce initiatives and priorities to boost regional connectivity and make ASEAN one the world’s leading economic growth regions.

vietnam contributes to asean us cooperation in trade finance Vietnam attends 32nd ASEAN-US Dialogue

Deputy Foreign Minister and head of Vietnam ASEAN SOM Nguyen Quoc Dung led a Vietnamese delegation to the 32nd ASEAN-US Dialogue held in Washington DC from March 27-28.

vietnam contributes to asean us cooperation in trade finance Vietnam values partners’ commitments to ASEAN: PM Nguyen Xuan Phuc

Vietnam always respects ASEAN’s relations with partners and highly values the partners’ commitment to continuing to assist the bloc to build an ASEAN Community and ...

(Source: VNA)