Making news

US firms interested in Vietnam’s plans to resume production, business

Vietnamese Ambassador to the US Ha Kim Ngoc had an online meeting on April 14 with Chairman of the Business Council for International Understanding (BCIU) Peter Tichansky and senior officials of 40 major US enterprises to discuss bilaterial cooperation and investment opportunities.

It is a regular exchange between the Vietnamese embassy and BCIU members, but this is the first time it was held online to ensure social distancing amid the COVID-19 outbreak.

Speaking at the meeting, Ngoc said that despite challenges caused by the pandemic, the Vietnam-US relations have been promoted and they have achieved positive results in numerous fields.

In economics and trade, the two countries have boosted consultations to maintain their development pace, he stated, adding that the Vietnamese Government is taking measures to intensify bilateral trade in a harmonious and sustainable manner.

Notably, healthcare cooperation has become a bright spot in their bilateral relations with Vietnam currently producing protective gear and medical equipment for the US.

On April 1, Vietnam, as the ASEAN Chair in 2020, co-chaired a teleconference of senior officials of ASEAN and the US on COVID-19 response, Ngoc noted.

Updating the participants on Vietnam’s pandemic prevention and control efforts, the diplomat said the Vietnamese Government is doing its utmost to control the disease, boost economic development and ensure social welfare with an aim that nobody is left behind.

Representatives of US businesses spoke highly of Vietnam’s achievements in the COVID-19 fight as well as its efforts to promote international cooperation in this area.

Sean Mulvaney, representing P&G Group, affirmed strong support for the Vietnamese Government’s drastic actions and its equal approach between disease prevention and economic development.

US enterprises showed their interest in Vietnam’s plans to resume business and production activities, and raised questions related to the fields the country is giving priority to.

Ambassador Ngoc expressed his hope that BCIU members will continue supporting Vietnam’s pandemic prevention and control efforts, and expand their investment and business in Vietnam in the time ahead, especially in energy, infrastructure, technology and the digital economy.

He asked major groups such as Medtronic, Gilead and Bayer to step up collaboration with Vietnam to produce medical equipment, and share information on research and testing of vaccines and medicines./