Vietnam’s Ambassador to the US, Nguyen Quoc Cuong, has called on American firms to support Vietnam in gaining the US’s grant of the Generalised System of Preferences (GSP) and recognition for its market economy.
At a talks with representatives of about 50 US firms in Washington on April 11, Ambassador Cuong said that any support will help increase cooperation between the two countries as well as speed up negotiations on the Trans-Pacific Partnership (TPP) agreement.
He urged the American business association to lobby the US Congress and the administration to recognise the benefits of Vietnam being in the TPP negotiations, particularly in the garments and footwear sectors.
The Vietnamese diplomat stressed that the TPP agreement is extremely important for its member countries, including the US and Vietnam , when taking into account the strong development and the level of liberalisation of trade in the Asia-Pacific region.
He asked US firms to continue to invest and trade with Vietnam and pointed out that the US is Vietnam ’s largest trading partner and bilateral economic cooperation has made gains in recent time.
Calman Cohen, a representative for the US business association at the talks, spoke of Vietnam’s economic development and confirmed his association’s support for Vietnam during the TPP negotiations process.
|< Prev||Next >|
» Chile leader visits ailing 14 year-old who wants to end her life (Video)
» Italian Government treasures strategic partnership with Vietnam
» Ambassador affirms Vietnam’s support for India’s Look East policy
Latest Category Posts
- Vinafood 2 to export 300,000 tonnes of rice to Philippines
- Japan’s FDI in Vietnam falls 65% to $2.05bn in 2014
- Ministry sets up database to monitor FDI project progress
- Kien Giang’s two-month export surges 24 percent
- ANZ: Consumer confidence grows in Feb
- Foodex Japan 2015 attracts local businesses
- Sugar sector urged to make radical reforms for int’l integration
- Ba Ria- Vung Tau licenses 9 projects
- Foreign investment hits high note
- Vietnam makes back-to-back cuts to largest airport project, but budget concerns remain
Random Category Picks
Popular Category Posts
- HCM City’s CPI witnesses drastic decline in Jan.
- Businesses rush to find unskilled workers
- How do Vietnamese spend their money?
- Vietnam needs to 'wake up' when China changes its policies
- Luxury Parkson shopping centres in HCMC deserted
- Viet Nam sets record trade surplus in 2014
- City targets surge in retail sales
- HCM City exceeds 2014 budget collection goal
- FDI hit US$663 million in January
- Bao Viet changes senior officials
- No worries about business closures: General Statistics Office
- Rouble plunge blamed for sharp fall in Russian visitors to central Vietnam
- Mekong Delta city expands cooperation with Singapore
- Vietnam to issue $1bn additional sovereign bond following November bond sale
- How much do Vietnamese pilots really earn?
- Falling oil poses Vietnam price or state-budget conundrum
- Officials downplay concerns foreign goods will flood market
- US – the largest market for Vietnamese products
- The nation plans for transport restructuring by 2020
- Firms urged to spur VN-US ties