PM, US official look to boost two-way trade

HA NOI — Prime Minister Nguyen Tan Dung received Jeffrey Immelt, head of President Barack Obama's Council on Jobs and Competitiveness, in Ha Noi yesterday.

At the reception, Dung said that Viet Nam was pleased with positive developments in bilateral ties, which have brought practical benefits to both countries.

Viet Nam wished that the two sides further develop their relationship in all aspects, especially in economics, and trade and investment, he stressed.

The PM affirmed Viet Nam's consistent policy of supporting investment activities by foreign investors, particularly those from the US, adding that the success of foreign investors would also be that of Viet Nam's.

He suggested that the American official and his council take practical actions to back the US' early recognition of Viet Nam as a market economy and the two countries' negotiations on the Trans-Pacific Partnership (TPP) Agreement.

The council should also promote the US' direct investment activities in Viet Nam in order to increase two-way trade in the future, Dung noted.

Jeffrey Immelt said that the US' investment projects in Viet Nam had been implemented effectively and many US investors had seen successful results in the country.

He affirmed that his council would always support proposals mentioned by Prime Minister Dung.

He also suggested the two sides continue expanding investment cooperation activities in the fields of aviation, energy, medical equipment production, science and technology. — VNS