Party official receives head of US finance corporation

08:30 | 27/10/2020 Cooperation

Politburo member Nguyen Van Binh, head of the Party Central Committee’s Economic Commission in Hanoi, hosted a reception for Adam Boehler, CEO of the US International Development Finance Corporation (DFC), on October 26.

Politburo member Nguyen Van Binh (R) and CEO of the US International Development Finance Corporation Adam Boehler - Photo: VGP

Binh said the current visit by a high-ranking delegation from US government agencies demonstrates the sense of initiative, proactiveness, and strong commitment of the US in promoting the countries’ comprehensive partnership, affirming that bilateral relations are thriving in a practical manner.

He affirmed that the Party and State always treasure relations with the US and welcomes US businesses to invest in the country, especially in spheres where the US has strengths, such as energy, high-quality infrastructure, medical devices, and biotechnology.

He underlined Vietnam’s consistent policy that the country has been exerting efforts to carry out solutions towards balancing trade with the US in a sustainable way.

Vietnam is committed to bolstering relations with the US, and in the trade sector in particular, in a fair and “win-win” manner, as a trusted partner, he noted.

For his part, Boehler affirmed that Vietnam is an important partner of the US in the region.

He emphasised that private investment from the US and the DFC in significant infrastructure projects in Vietnam will be further bolstered in the time to come, particularly in energy.

He expressed his hope that Vietnam will continue working with the US on addressing the latter’s bilateral trade deficit.