Vietnam, US sign cooperation agreements
At talks between President Tran Dai Quang and President Donald Trump
A contract buying and supporting engine products and a Memorandum of Understanding (MoU) on the maintenance of aircraft engines were sealed between Vietnam Airlines and Pratt & Whitney aerospace manufacturer.
The PetroVietnam Gas Joint Stock Corporation (PV Gas) struck a MoU on the Son My natural liquefied petroleum gas warehouse with the AES Group Ltd., and another MoU on cooperation with the Alaska Gasline Development Corporation in natural liquefied petroleum gas provision and upstream investment.
Vietjet Air and Pratt & Whitney signed a contract on purchasing and maintaining aircraft engines, whilst Hoang Huy and Navistar groups inked a MoU on trade of trucks.
Trump’s first visit to Vietnam from November 11-12 is taking place at a time when the Vietnam-US comprehensive partnership is progressing, especially after the US visit by Prime Minister Nguyen Xuan Phuc in May 2017.
Vietnam and the US established diplomatic ties on July 12, 1995. Positive strides have been recorded in bilateral relations in all spheres since the countries established a comprehensive partnership in July 2013 on the basis of respecting each other’s territorial integrity, political regime and development path, for the sake of their own interests and for regional peace, stability and development cooperation.
Since 2005, the US has become one of the leading trade partners of Vietnam, with two-way trade rising 20 percent in recent years.
Related News
Wood exports started well
13:26 | 20/04/2024 Import-Export
Leverage to increase the scale of Vietnam - Laos trade turnover
10:51 | 15/04/2024 Import-Export
Vietnam-China trade reaches over US$ 27 billion
09:29 | 10/04/2024 Import-Export
How more than 6 tons of smuggled gold transported to Vietnam?
07:49 | 05/04/2024 Anti-Smuggling
Latest News
Standard Chartered revises down Vietnam’s GDP growth forecast in 2024 to 6%
13:51 | 25/04/2024 Headlines
Investor confidence gains traction on improved business climate
13:46 | 25/04/2024 Headlines
Vietnam's exports to Canada lead among CPTPP countries
09:41 | 25/04/2024 Headlines
Many new regulations aim to drastically remove the IUU "Yellow Card"
15:36 | 24/04/2024 Headlines
More News
PM chairs meeting of national committee for digital transformation
13:42 | 24/04/2024 Headlines
Seize the golden opportunity as retail giants look for supplies in Vietnam
10:34 | 24/04/2024 Headlines
Government’s action programme cracks down on illegal fishing
13:53 | 23/04/2024 Headlines
PM calls on ASEAN to pen strategic development vision
13:50 | 23/04/2024 Headlines
Forum to discuss new initiatives on ASEAN future vision: Deputy FM
15:13 | 22/04/2024 Headlines
Investors play a key role in developing the industrial park system
10:38 | 22/04/2024 Headlines
Green transformation and ESG practice to participate in the global competition
18:11 | 21/04/2024 Headlines
Factors influencing Vietnam’s FMCG market
18:06 | 21/04/2024 Headlines
Shrimp exports to major markets bounce back
17:57 | 21/04/2024 Headlines
Your care
Standard Chartered revises down Vietnam’s GDP growth forecast in 2024 to 6%
13:51 | 25/04/2024 Headlines
Investor confidence gains traction on improved business climate
13:46 | 25/04/2024 Headlines
Vietnam's exports to Canada lead among CPTPP countries
09:41 | 25/04/2024 Headlines
Many new regulations aim to drastically remove the IUU "Yellow Card"
15:36 | 24/04/2024 Headlines
PM chairs meeting of national committee for digital transformation
13:42 | 24/04/2024 Headlines