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Vietnam’s top leaders welcome Lao National Assembly President

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President Nguyen Xuan Phuc affirmed Vietnam’s consistent policy of prioritising and developing special solidarity with Laos while receiving President of the Lao National Assembly Saysomphone Phomvihane in Hanoi on Monday.

President Nguyen Xuan Phuc affirmed Vietnam’s consistent policy of prioritising and developing special solidarity with Laos while receiving President of the Lao National Assembly Saysomphone Phomvihane in Hanoi on Monday.

Vietnam's top leaders welcome Lao National Assembly President
President Nguyen Xuan Phuc receives visiting President of the Lao National Assembly Saysomphone Phomvihane in Hanoi on Monday. 

Phuc highly appreciated and thanked Saysomphone for choosing Vietnam as the first country to visit in his capacity as President of the Lao NA, showing that the Lao Party, NA and Saysomphone have attached importance to the great friendship, special solidarity and comprehensive cooperation between the two countries.

He also congratulated the Lao Party, State and people on the occasion of the 46th National Day of Laos (December 2).

The Vietnamese leader suggested the Parties, States and people of the two nations foster bilateral ties, maintain high-level visits and bilateral cooperation mechanisms, expand and improve the efficiency of cooperation in the fields of national defence-security, economy, trade, investment, energy and education-training.

He proposed jointly holding activities during Vietnam – Laos, Laos – Vietnam Friendship and Solidarity Year 2022 to mark the 60th founding anniversary of diplomatic ties and the 45th anniversary of the signing of the Vietnam – Laos Treaty of Amity and Cooperation.

Phuc also suggested the two nations work closely together and support each other at international forums, especially at the United Nations and the Association of Southeast Asian Nations (ASEAN).

Vietnam will do its best to nurture the great friendship, special solidarity and comprehensive cooperation with Laos, especially in economic development, to bring practical benefits to the people of both countries, he stated.

Phomvihane, for his part, conveyed the regards from senior Lao Party and State leaders to Phuc.

He also informed the Vietnamese President about the outcomes of his earlier talks with National Assembly Chairman Vuong Dinh Hue and his meeting with Prime Minister Pham Minh Chinh, including Vietnam’s assistance to Laos in the fight against COVID-19. 

Vietnamese, Lao top legislators want parliamentary ties to become ‘exemplary model’ in region, world

Chairman of Vietnam National Assembly (NA) Vuong Dinh Hue and Lao counterpart Saysomphone Phomvihane on Monday in Hanoi discussed various aspects of bilateral cooperation, as the latter is on a three-day official visit to Vietnam.

Vietnam's top leaders welcome Lao National Assembly President
Vietnamese National Assembly Chairman Vuong Dinh Hue and spouse (left) welcome his Lao counterpart Saysomphone Phomvihane and spouse to Hanoi, Vietnam, on Monday. — VNA/VNS Photo Doan Tan

This is the first high-level international delegation to visit Vietnam’s NA in nearly two years due to disruptions caused by the COVID-19 pandemic.

On behalf of the leadership of the parliament, NA Chair Hue warmly welcomed Lao NA Chair Saysomphone’s visit to Vietnam, expressing appreciation for the fact that the Lao legislator chose Vietnam as the first country to visit in his new capacity.

The visit is an important milestone, contributing to the consolidation and promotion of great friendship, special solidarity and comprehensive cooperation between the two Parties, States and peoples in general, and between the National Assembly of the two countries.

NA Chair Hue reaffirmed the Party and State’s consistent policy to attach great importance to and give the highest priority to preserving and promoting the close, unique and special relationship between Vietnam and Laos, and that Vietnam always wholeheartedly, strongly and comprehensively supported Lao’s reforms, nation-building and defence.

For his part, the top Lao legislator thanked Vietnam for its COVID-19 support, with donations of medical supplies worth US$6.3 million since the beginning of the pandemic.

He acknowledged the socio-economic development aid, totalling VND930 billion ($40.26 million), that Vietnam provided for Laos in 2020, when Vietnam itself was facing numerous challenges.

The Lao NA Chair also expressed gratitude for the Lao NA building that Vietnam financed and constructed as a gift for the Lao Party, State, and people, stressing that Laos will make full use of the building to make it truly stand out as a vivid demonstration of the special friendship and solidarity between the two countries.

During the talks, the two parliament chairs concurred in the assessment that political-diplomatic relations in all channels between Vietnam and Laos have been increasingly tightened.

In particular, the two sides have coordinated to successfully organise two official friendship visits by General Secretary and President of Laos Thongloun Sisoulith to Vietnam in June this year, and later, a visit from Vietnamese State President Nguyen Xuan Phuc to Laos in August, which both have yielded many important and substantive results, creating more impetus for comprehensive cooperation between the two countries.

Cooperation in the fields of security-defence, trade and investment, energy, transport connection, education and training, COVID-19 fight cooperation, and cooperation between localities and people-to-people exchanges have been given proper attention, the two leaders agreed.

The Lao NA Chair noted with appreciation how even with COVID-19, the two-way trade this year hit $948 million so far, up 28 per cent compared to the same period last year, while Vietnam is currently the third biggest investor in Laos out of 54 countries and territories, with 409 projects and capital totalling $1.9 billion.

The two NA leaders said bilateral parliamentary cooperation is flourishing, with the two NAs effectively carrying out the 2017 agreement with many diverse cooperation activities including high-level delegation visits, thematic discussions and experience sharing conferences, support for each other in capacity building for legislators and NA staff, as well as infrastructure and IT capacity.

The two chairs have discussed in detail the cooperation results of the two National Assemblies and covered orientations of cooperation for the future.

On that basis, the two Presidents agreed to consider amending and supplementing the cooperation agreement between the two countries’ NAs, focusing on a number of important items such as close coordination in supervision and facilitating the effective implementation of high-level agreements between the two countries, especially the key tasks in the Vietnam-Laos cooperation strategy for the 2021-30 period, Việt Nam-Laos cooperation agreement for the 2021-25 period, and other agreements.

The two want to make Vietnam-Laos parliamentary ties an exemplary model in the region and in the world.

NA Chairs Hue and Saysomphone agreed to strengthen exchanges between the two women parliamentarians and young parliamentarians, in tandem with seminars on implementing the role of the legislative body and conferences on the rich tradition of special relations between the two countries to help the younger generations understand the history and inherit this “great asset”.

Further exchanges, especially between people’s councils of provinces and centrally-run cities, including neighbouring localities, should be encouraged, the two top legislators noted.

The two chairs agreed that Vietnam and Laos should continue to promote the trilateral parliamentary cooperation mechanism of Vietnam – Laos – Cambodia.

The two also agreed that they would propose to the Cambodian National Assembly and Senate to consider, when necessary, holding meetings involving the three countries’ parliament leaders in order to promote and improve the effectiveness of the Vietnam – Laos tripartite cooperation mechanism.

NA Chair Hue also wants the two parliaments to hold events commemorating the 60th anniversary of Vietnam-Laos bilateral diplomatic relations (September 5, 1962) and 45th anniversary of Vietnam-Laos Treaty of Friendship and Cooperation (signed in July 1977) in 2022.

On this occasion, the two NA Chairmen witnessed the handover ceremony of medical supplies worth $1 million by the Vietnamese NA to support Laos in COVID-19 prevention and control, including 2.1 million medical-grade masks, 100,000 COVID-19 test kits, along with protective gear, sanitisers, body temperature scanners and $100,000 in cash. 

Vietnam ready to assist Laos in fight against COVID-19: PM

Vietnam always stands side by side and stays ready to help Laos, within its ability, to push back the COVID-19 pandemic, Prime Minister Pham Minh Chinh told President of the Lao National Assembly Saysomphone Phomvihane during their meeting in Hanoi on Monday.

Vietnam's top leaders welcome Lao National Assembly President
Prime Minister Pham Minh Chinh (right) welcomes Lao NA Chairman Saysomphone Phomvihane. VNA/VNS Photo Duong Giang

Both leaders said they were delighted to see that the great friendship, special solidarity and comprehensive cooperation between the two countries have been increasingly strengthened in all areas, from politics, diplomacy, national defence-security, to economy, trade, investment, socio-culture, and education-training.

Amid the COVID-19 pandemic, two-way trade still surpassed US$1 billion in the first ten months of 2021, up over 30.1 per cent from the same period last year. Vietnam was the third biggest foreign investor in Laos, with 209 projects worth $5.18 billion.

Saysomphone expressed his profound thanks to the Vietnamese Party, State and people for providing timely and invaluable support to Laos in the fight against the pandemic.

Both leaders agreed to effectively carry out high-level agreements and prepare for the upcoming 44th meeting of the Vietnam – Laos Inter-Governmental Committee, continue working closely together to fight COVID-19, strengthen national defence-security collaboration, step up economic, trade and investment ties  as well as accelerating infrastructure projects such as Hanoi – Vientiane expressway and Vung Ang 1,2,3 seaports.

They pledged to continue effectively implementing signed education projects; jointly hold activities to celebrate the 60th founding anniversary of diplomatic ties and the 45th anniversary of the signing of the Vietnam – Laos Treaty of Amity and Cooperation in 2022; support each other at multilateral forums, especially in issues regarding each country’s security and development, as well as peace, stability and cooperation in the region, including the sustainable use and management of water sources in Mekong River, and the East Sea issue.

Top Lao legislator’s Vietnam visit grabs Lao headlines

Major Lao newspapers on December 7 gave wide coverage on the Laos National Assembly Chairman Xaysomphone Phomvihane’s current visit to Vietnam, saying the visit will not only help consolidate the close-knit relationship but also bolster all-round cooperation between the two countries.

National daily Pasaxon (People) highlighted Xaysomphone’s activities on December 6, including his high-level talks with his Vietnamese counterpart Vuong Dinh Hue during which they both agreed to tighten the special relationship and cooperation between the two countries and legislative bodies.

Xaysomphone and Hue also co-chaired a seminar sharing the two sides’ experience in organizing Q&A sessions and deciding on key projects.    

Meanwhile, the Vientiane Times ran an article praising cooperation between the two National Assemblies of Laos and Vietnam, emphasizing that this is Xaysomphone’s first foreign trip since he was elected Chairman of the Laos National Assembly earlier this year.

The newspaper quoted the two chief legislators during their talks saying the cooperative relationship between the two countries’ legislative bodies have flourished, from delegation exchanges to experience sharing in legislation.

Another Lao newspaper, PathetLao Daily, published on the front page a news story titled ‘Laos and Vietnam continue to deepen cooperation ties between the two National Assemblies’.

According to the article, the fact that Xaysomphone chose Vietnam as the first country to visit after being elected as the Speaker of the National Assembly of Lao PDR once again demonstrates the special nature of the relationship between the two countries.

Despite the impact of the prolonged COVID-19 outbreak, the article said the two National Assemblies of Laos and Vietnam have maintained close cooperation.   Most notably, the Vietnam National Assembly of Vietnam has assisted the Laos National Assembly in building its headquarters in Vientiane – a gift from the Party, State and people of Vietnam to the Party, State and people of Laos.

PathetLao Daily affirmed the official visit to Vietnam by Laos National Assembly Chairman Xaysomphone Phomvihane is expected to further strengthen the special and comprehensive cooperation between the two countries.

Source: Vietnam News/VOV

Source: https://vietnamnet.vn/en/politics/vietnam-s-top-leaders-welcome-lao-national-assembly-president-799073.html

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Vietnam’s field hospital in South Sudan awarded with UN peacekeeping medals

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The 63 staff members of Vietnam’s Level-2 Field Hospital Rotation 4 operating at the United Nations Mission in South Sudan (UNMISS) have been honored with the UN Peacekeeping Medals for their dedication and outstanding contributions to UN missions.

The award ceremony was held in Bentiu, South Sudan, on Wednesday, marking an important milestone for the field hospital after nearly a year of duty in South Sudan.

Attending in the event were Lieutenant General Mohan Subramanian, Force Commander of the UNMISS; Jane Lanyero Kony, acting head of the UN Peacekeeping mission’s Field Office in Bentiu; Iqbal Mohd, UNMISS Chief Medical Officer; Lieutenant Colonel Nguyen Kim Tinh, Commander of the UN peacekeeping forces of Vietnam in South Sudan; and Lieutenant Colonel Vu Minh Duong, director of the hospital, among other participants.

With the duty of providing medical care for UN staff working at the mission, the hospital has always strived to successfully complete its duties, contributing to the promotion of the beautiful images of the country and people of Vietnam.

Addressing the ceremony, Lieutenant General Subramanian and Kony praised the dedication and professionalism of the hospital’s staff members, and emphasized that the medals are the UN’s recognition for their great efforts during their missions in South Sudan.

The awards also serve as a demonstration for Vietnam’s contributions to peace and stability in the world, they added.

On behalf of the hospital staff, Lieutenant Colonel Duong pledged that they will continue devoting all their ability to provide the best possible healthcare and treatment services for UN staff as well as local people.

Vietnam has so far hosted four field hospitals in South Sudan.

The first field hospital was opened in October 2018 and the second and third were launched in November 2019 and March 2021, respectively.

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The 63 staff members of Vietnam’s Level-2 Field Hospital Rotation 4 operating at the United Nations Mission in South Sudan (UNMISS) have been honored with the UN Peacekeeping Medals for their dedication and outstanding contributions to UN missions.

The award ceremony was held in Bentiu, South Sudan, on Wednesday, marking an important milestone for the field hospital after nearly a year of duty in South Sudan.

Attending in the event were Lieutenant General Mohan Subramanian, Force Commander of the UNMISS; Jane Lanyero Kony, acting head of the UN Peacekeeping mission’s Field Office in Bentiu; Iqbal Mohd, UNMISS Chief Medical Officer; Lieutenant Colonel Nguyen Kim Tinh, Commander of the UN peacekeeping forces of Vietnam in South Sudan; and Lieutenant Colonel Vu Minh Duong, director of the hospital, among other participants.

With the duty of providing medical care for UN staff working at the mission, the hospital has always strived to successfully complete its duties, contributing to the promotion of the beautiful images of the country and people of Vietnam.

Addressing the ceremony, Lieutenant General Subramanian and Kony praised the dedication and professionalism of the hospital’s staff members, and emphasized that the medals are the UN’s recognition for their great efforts during their missions in South Sudan.

The awards also serve as a demonstration for Vietnam’s contributions to peace and stability in the world, they added.

On behalf of the hospital staff, Lieutenant Colonel Duong pledged that they will continue devoting all their ability to provide the best possible healthcare and treatment services for UN staff as well as local people.

Vietnam has so far hosted four field hospitals in South Sudan.

The first field hospital was opened in October 2018 and the second and third were launched in November 2019 and March 2021, respectively.

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Source: https://tuoitrenews.vn/news/politics/20230324/vietnams-field-hospital-in-south-sudan-awarded-with-un-peacekeeping-medals/72250.html

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US human rights report incorrect: Vietnam foreign ministry

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The U.S. Department of State’s annual human rights report contains inaccurate information about Vietnam, Vietnam’s Ministry of Foreign Affairs has said, adding the Southeast Asian nation is ready to discuss the discrepancies with the U.S. 

Deputy spokeswoman of the foreign ministry Pham Thu Hang spoke at a press conference in Hanoi on Thursday in response to the U.S. State Department’s March 20 announcement of the 2022 Country Reports on Human Rights Practices – the Human Rights Report – which stated that some Asian countries, including Vietnam, had “seriously and systematically violated human rights.”

“Vietnam regrets that the Human Rights Report has released biased statements based on inaccurate information about Vietnam,” Hang said.

It is Vietnam’s consistent policy to protect and promote human rights, the deputy spokeswoman emphasized.  

Considering its citizens as the central and driving force of the country’s renovation and development process, Vietnam strives to improve living standards and rights, leaving no one behind, Hang told the conference.

“Basic human freedoms are enshrined in the Constitution of Vietnam. They are protected and promoted by legal documents as well as enforced in practice,” the representative of the foreign ministry stated.

She stressed that Vietnam is always willing to have frank and open discussions in a constructive spirit with the U.S. about issues of differences to promote mutual understanding and contribute to the development of the two countries’ comprehensive partnership.

Vietnam and the U.S. established diplomatic relations in 1995 and upgraded their ties to a comprehensive partnership in 2013.

“We look forward and are ready to work with the administration of U.S. President Joe Biden to further promote the two countries’ relations effectively and sustainably, for peace, stability, cooperation, and development in the region and the world,” Hang told the media when asked about the potential of upgrading of ties between the two countries. 

The U.S. has also repeatedly affirmed its support for a strong, independent, and prosperous Vietnam, the diplomat said.

In October last year, Vietnam was elected again to the United Nations Human Rights Council for the 2023-25 term, after its first membership in 2013.

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The U.S. Department of State’s annual human rights report contains inaccurate information about Vietnam, Vietnam’s Ministry of Foreign Affairs has said, adding the Southeast Asian nation is ready to discuss the discrepancies with the U.S. 

Deputy spokeswoman of the foreign ministry Pham Thu Hang spoke at a press conference in Hanoi on Thursday in response to the U.S. State Department’s March 20 announcement of the 2022 Country Reports on Human Rights Practices – the Human Rights Report – which stated that some Asian countries, including Vietnam, had “seriously and systematically violated human rights.”

“Vietnam regrets that the Human Rights Report has released biased statements based on inaccurate information about Vietnam,” Hang said.

It is Vietnam’s consistent policy to protect and promote human rights, the deputy spokeswoman emphasized.  

Considering its citizens as the central and driving force of the country’s renovation and development process, Vietnam strives to improve living standards and rights, leaving no one behind, Hang told the conference.

“Basic human freedoms are enshrined in the Constitution of Vietnam. They are protected and promoted by legal documents as well as enforced in practice,” the representative of the foreign ministry stated.

She stressed that Vietnam is always willing to have frank and open discussions in a constructive spirit with the U.S. about issues of differences to promote mutual understanding and contribute to the development of the two countries’ comprehensive partnership.

Vietnam and the U.S. established diplomatic relations in 1995 and upgraded their ties to a comprehensive partnership in 2013.

“We look forward and are ready to work with the administration of U.S. President Joe Biden to further promote the two countries’ relations effectively and sustainably, for peace, stability, cooperation, and development in the region and the world,” Hang told the media when asked about the potential of upgrading of ties between the two countries. 

The U.S. has also repeatedly affirmed its support for a strong, independent, and prosperous Vietnam, the diplomat said.

In October last year, Vietnam was elected again to the United Nations Human Rights Council for the 2023-25 term, after its first membership in 2013.

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Source: https://tuoitrenews.vn/news/politics/20230324/us-human-rights-report-incorrect-vietnam-foreign-ministry/72247.html

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Vietnamese Prime Minister receives delegation of the US-ASEAN Business Council

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Vietnamese Prime Minister Pham Minh Chinh met the U.S.-ASEAN Business Council (USABC) delegation at the Government Headquarters on March 22.

The attendees were leaders of the Government Office and the ministries of Planning and Investment, Industry and Trade, Foreign Affairs, Finance, Transport, Information and Communication, Health, Agriculture and Rural Development, Culture – Sports and Tourism.

Also in attendance were the State Bank of Vietnam, the U.S.-ASEAN Business Council President and CEO Ted Osius, the U.S. Ambassador in Vietnam Marc E. Knapper.

The leaders of more than 50 leading enterprises in the U.S. and the world were there too, including AES, Netflix, Boeing, Apple, Coca-Cola, Pfizer, Abbott, Visa, Citibank, Meta, Ford, and FedEx Express. 

The Prime Minister welcomed the USABC and the U.S. business delegation to Vietnam, and the delegation members joined a frank, sincere and effective working session with Vietnamese agencies.

This is a continuation of previous working sessions and exchanges between the Vietnamese Government, the Prime Minister, ministries, branches and localities and the USABC and the U.S. businesses to remove difficulties, overcome challenges and develop together.

The Prime Minister thanked the U.S. Government for supporting Vietnam in COVID-19 prevention and control. 

Thanks to USABC and the U.S. businesses for accompanying Vietnam in overcoming difficulties, recovering and developing during the past years; he said the Government of Vietnam is always open and ready to listen to the thoughts, aspirations and opinions of the U.S. business community.

The Prime Minister said that Vietnam considers the U.S. one of its most important partners and welcomes the U.S. to support a strong, independent, prosperous Vietnam. 

Vietnam wishes to promote the Vietnam-U.S. Comprehensive Partnership relation to becoming more substantive, stable, and intensive based on respect for independence, sovereignty, territorial integrity and political institutions of each other.

The head of Government praised the production and business investment activities and high sense of responsibility of the U.S. business community in Vietnam, affirming that the Government is always open and ready to listen to the thoughts, aspirations and opinions of the U.S. business community.

The Prime Minister said that the Government always protects the legitimate rights and interests of investors and respects, encourages and is ready to create favourable conditions for this sector to develop in the long term, cooperate and compete healthily with other economic sectors in the spirit of “harmonious benefits, shared risks”.

The Representatives of the U.S.-ASEAN Business Council and U.S. businesses express their trust in Vietnam’s economic growth prospects, undertaking to place long-term investment in Vietnam, especially in the fields of green transformation, digital transformation, energy transformation, finance, manufacturing, automobile industry, entertainment industry, healthcare, life sciences, logistics, speeding up planning, and approving a few specific projects.

The U.S. businesses give the Government, ministries and branches of Vietnam a few suggestions to create more favourable conditions such as a legal framework on e-commerce; information network security and information accessibility; policy of tax; capital market reformation to promote investment; less cumbersome visa granting policy.

Energy continues to be the main topic of discussion with the goal of promoting the development of multi-billion U.S.-dollar energy projects in Vietnam.

A representative from AES Vietnam who joined the delegation said, “AES is the largest U.S. investor in Vietnam’s energy sector and plays active role in energy cooperation between the two countries, with our current projects Son My LNG terminal and Son My 2 power plant. Progress on these large- scale projects by AES and other member companies will help move Vietnam forward”.

After leaders of ministries and branches communicated and answered the comments and suggestions given by the USABC and the U.S. businesses, Prime Minister Pham Minh Chinh acknowledged the comments and answered suggestions given by the USABC and the U.S. businesses.

He also directed the ministries and branches of Vietnam to continue processing the issues according to the opinions and suggestions of the U.S. businesses, thereby continuing to promote economic cooperation, contributing to promoting Vietnam-U.S. Comprehensive Partnership relation become a substantive, effective, equal and mutually beneficial relationship.

The Prime Minister says that the Government of Vietnam continues to create favourable conditions for U.S. businesses to expand investment in Vietnam while creating conditions for Vietnamese enterprises to participate more deeply in the production value chain of the U.S. businesses.

He suggests that the two sides continue to discuss removing the barriers in production and business and improving the business investment environment.

The Prime Minister also informs about a few specific industries and fields that the USABC and the U.S. businesses are interested in, such as the digital economy and creative industries, healthcare, energy, agriculture, and aviation.

The Head of the Government of Vietnam suggests that USABC businesses should continue to act as a bridge between the US Government and businesses and the Government of Vietnam.

This will support to promote the cooperation channels between the two countries; strengthen the substantive and effective cooperation with Vietnam based on optimising the potentiality in the framework of Vietnam-U.S. Comprehensive Partnership relation, especially in the field of the economy-trade-investment; urge the U.S. Government to strengthen the economic and trade activities with ASEAN, to contribute to maintaining peace, stability, cooperation and development in Southeast Asia in particular and Asia-Pacific in general.

The Prime Minister suggests the USABC expand its investment business in Vietnam, focusing on the fields where Vietnam needs, and the USABC’s businesses have their strengths. The cooperation between business associations, industry associations and businesses of the two countries should be strengthened to create conditions for Vietnamese businesses to participate more deeply in the global supply chain and value.

The USABC cooperates with Vietnam in researching and developing specific policies to be able to approach and attract investment from the U.S. multinational companies in the two options: carrying out the big, high-tech projects, creating favourable conditions for the corporations to build the R&D centres, technology incubators associated with human resource training, modern management.

The council strengthens its cooperation, procurement and technology transfer to Vietnamese businesses, especially in the fields of vaccine production, therapeutic drugs, medical equipment, high technology, digital agriculture, and clean, smart agriculture to adapt to climate change.

The Prime Minister affirms that Vietnam is ready to import machines, equipment, tools and spare parts from the U.S. to improve the Vietnam-U.S. trade balance.

He suggests that U.S. businesses research and develop cooperation with Vietnam in this option and supports the Government of Vietnam’s cooperation with the U.S. Government in forming a bilateral cooperation mechanism on investment promotion to assess the potential, demand and investment cooperation opportunities between the two countries and increase two-way investment flows.

The Prime Minister believes that the USABC and the U.S. businesses will make effective contributions to the promotion of the Vietnam-U.S. Comprehensive Partnership relation more and more substantive and intensive based on mutual benefits, bringing growth and jobs for the people of both countries, contributing to the maintenance of the peace, stability, cooperation and development in the region and the world.

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Vietnamese Prime Minister Pham Minh Chinh met the U.S.-ASEAN Business Council (USABC) delegation at the Government Headquarters on March 22.

The attendees were leaders of the Government Office and the ministries of Planning and Investment, Industry and Trade, Foreign Affairs, Finance, Transport, Information and Communication, Health, Agriculture and Rural Development, Culture – Sports and Tourism.

Also in attendance were the State Bank of Vietnam, the U.S.-ASEAN Business Council President and CEO Ted Osius, the U.S. Ambassador in Vietnam Marc E. Knapper.

The leaders of more than 50 leading enterprises in the U.S. and the world were there too, including AES, Netflix, Boeing, Apple, Coca-Cola, Pfizer, Abbott, Visa, Citibank, Meta, Ford, and FedEx Express. 

The Prime Minister welcomed the USABC and the U.S. business delegation to Vietnam, and the delegation members joined a frank, sincere and effective working session with Vietnamese agencies.

This is a continuation of previous working sessions and exchanges between the Vietnamese Government, the Prime Minister, ministries, branches and localities and the USABC and the U.S. businesses to remove difficulties, overcome challenges and develop together.

The Prime Minister thanked the U.S. Government for supporting Vietnam in COVID-19 prevention and control. 

Thanks to USABC and the U.S. businesses for accompanying Vietnam in overcoming difficulties, recovering and developing during the past years; he said the Government of Vietnam is always open and ready to listen to the thoughts, aspirations and opinions of the U.S. business community.

The Prime Minister said that Vietnam considers the U.S. one of its most important partners and welcomes the U.S. to support a strong, independent, prosperous Vietnam. 

Vietnam wishes to promote the Vietnam-U.S. Comprehensive Partnership relation to becoming more substantive, stable, and intensive based on respect for independence, sovereignty, territorial integrity and political institutions of each other.

The head of Government praised the production and business investment activities and high sense of responsibility of the U.S. business community in Vietnam, affirming that the Government is always open and ready to listen to the thoughts, aspirations and opinions of the U.S. business community.

The Prime Minister said that the Government always protects the legitimate rights and interests of investors and respects, encourages and is ready to create favourable conditions for this sector to develop in the long term, cooperate and compete healthily with other economic sectors in the spirit of “harmonious benefits, shared risks”.

The Representatives of the U.S.-ASEAN Business Council and U.S. businesses express their trust in Vietnam’s economic growth prospects, undertaking to place long-term investment in Vietnam, especially in the fields of green transformation, digital transformation, energy transformation, finance, manufacturing, automobile industry, entertainment industry, healthcare, life sciences, logistics, speeding up planning, and approving a few specific projects.

The U.S. businesses give the Government, ministries and branches of Vietnam a few suggestions to create more favourable conditions such as a legal framework on e-commerce; information network security and information accessibility; policy of tax; capital market reformation to promote investment; less cumbersome visa granting policy.

Energy continues to be the main topic of discussion with the goal of promoting the development of multi-billion U.S.-dollar energy projects in Vietnam.

A representative from AES Vietnam who joined the delegation said, “AES is the largest U.S. investor in Vietnam’s energy sector and plays active role in energy cooperation between the two countries, with our current projects Son My LNG terminal and Son My 2 power plant. Progress on these large- scale projects by AES and other member companies will help move Vietnam forward”.

After leaders of ministries and branches communicated and answered the comments and suggestions given by the USABC and the U.S. businesses, Prime Minister Pham Minh Chinh acknowledged the comments and answered suggestions given by the USABC and the U.S. businesses.

He also directed the ministries and branches of Vietnam to continue processing the issues according to the opinions and suggestions of the U.S. businesses, thereby continuing to promote economic cooperation, contributing to promoting Vietnam-U.S. Comprehensive Partnership relation become a substantive, effective, equal and mutually beneficial relationship.

The Prime Minister says that the Government of Vietnam continues to create favourable conditions for U.S. businesses to expand investment in Vietnam while creating conditions for Vietnamese enterprises to participate more deeply in the production value chain of the U.S. businesses.

He suggests that the two sides continue to discuss removing the barriers in production and business and improving the business investment environment.

The Prime Minister also informs about a few specific industries and fields that the USABC and the U.S. businesses are interested in, such as the digital economy and creative industries, healthcare, energy, agriculture, and aviation.

The Head of the Government of Vietnam suggests that USABC businesses should continue to act as a bridge between the US Government and businesses and the Government of Vietnam.

This will support to promote the cooperation channels between the two countries; strengthen the substantive and effective cooperation with Vietnam based on optimising the potentiality in the framework of Vietnam-U.S. Comprehensive Partnership relation, especially in the field of the economy-trade-investment; urge the U.S. Government to strengthen the economic and trade activities with ASEAN, to contribute to maintaining peace, stability, cooperation and development in Southeast Asia in particular and Asia-Pacific in general.

The Prime Minister suggests the USABC expand its investment business in Vietnam, focusing on the fields where Vietnam needs, and the USABC’s businesses have their strengths. The cooperation between business associations, industry associations and businesses of the two countries should be strengthened to create conditions for Vietnamese businesses to participate more deeply in the global supply chain and value.

The USABC cooperates with Vietnam in researching and developing specific policies to be able to approach and attract investment from the U.S. multinational companies in the two options: carrying out the big, high-tech projects, creating favourable conditions for the corporations to build the R&D centres, technology incubators associated with human resource training, modern management.

The council strengthens its cooperation, procurement and technology transfer to Vietnamese businesses, especially in the fields of vaccine production, therapeutic drugs, medical equipment, high technology, digital agriculture, and clean, smart agriculture to adapt to climate change.

The Prime Minister affirms that Vietnam is ready to import machines, equipment, tools and spare parts from the U.S. to improve the Vietnam-U.S. trade balance.

He suggests that U.S. businesses research and develop cooperation with Vietnam in this option and supports the Government of Vietnam’s cooperation with the U.S. Government in forming a bilateral cooperation mechanism on investment promotion to assess the potential, demand and investment cooperation opportunities between the two countries and increase two-way investment flows.

The Prime Minister believes that the USABC and the U.S. businesses will make effective contributions to the promotion of the Vietnam-U.S. Comprehensive Partnership relation more and more substantive and intensive based on mutual benefits, bringing growth and jobs for the people of both countries, contributing to the maintenance of the peace, stability, cooperation and development in the region and the world.

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Source: https://tuoitrenews.vn/news/politics/20230324/vietnamese-prime-minister-receives-delegation-of-the-usasean-business-council/72237.html

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