Vietnam, US seek to beef up business, trade cooperation

Minister of Public Security Gen. To Lam held an online meeting with a high-ranking delegation of the US-ASEAN Business Council (USABC).
Vietnam, US seek to beef up business, trade cooperation ảnh 1Minister of Public Security Gen. To Lam at the event. (Photo: VNA)

Hanoi (VNA) – Minister of Public Security Gen. To Lam held anonline meeting with a high-ranking delegation of the US-ASEAN BusinessCouncil (USABC).

Lam said amid the COVID-19 pandemic, the online meeting showedthe US private economic sector’s good will and commitment to maintain andfurther promote Vietnam-US bilateral ties in the mutually-beneficial spirit and realisingVietnam’s priority goals, including digital transformation and sustainable development.

He hailed the US as one of the leading trade partners and importersof Vietnam thanks to the two governments’ strategic visions as well as activeand effective participation of their private enterprises and organisations, including the USABC.

The Vietnamese minister added that difficulties faced by USbusinesses and foreign production partners in Vietnam due to the pandemic are only short-term andtemporary.

He hoped that the US business community would accompanyVietnam in the spirit of “harmony of interests”, promptly seizeopportunities and seek proper ways to maintain and develop business and production in the newsituation.

Ambassador Michael Michalak, SeniorVice President and Regional Managing Director of the USABC, spoke highly of development strides in the US-Vietnam cooperative relations in the recent past.

He expressed his wish that theVietnamese Government and the Ministry of Public Security in particular wouldcontinue offering favourable conditions for US enterprises to do stable, long-termbusiness in the country.

At the event, both sides discussed issues of shared concern suchas the Law on Cyber Security, the decree on personal data protection andintellectual property in a constructive and open manner./.

VNA

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