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Vietnam boosts investment cooperation with Brazil, US

Deputy Prime Minister Vuong Dinh Hue received the Ambassadors of Brazil and the US in Hanoi on May 9 to discuss preparations for his upcoming visits to the two nations.
Vietnam boosts investment cooperation with Brazil, US ảnh 1Deputy Prime Minister Vuong Dinh Hue receives the Ambassador of Brazil Antonio Diniz Brandão (Source: VNA)

Hanoi (VNA) – Deputy PrimeMinister Vuong Dinh Hue received the Ambassadors of Brazil and the US in Hanoion May 9 to discuss preparations for his upcoming visits to the two nations.

At the working session with the Brazilian Ambassador, Hue expressed that Vietnamattaches importance to the role of Brazil – one of the most important tradepartners of Vietnam in Latin America. The two countries have a lot to do torealise their goal of 10 billion USD in two-way trade.

The Deputy PM said Vietnam and Brazilcould cooperate in such areas as production and processing, trade of coffee andseafood, renewable energy, bio-technology and defence industry. They should createconditions for their businesses to access each other’s markets.

He expressed his wish that the two governments will set up important links ineducation, defence, aviation, agriculture and business development.

Brazilian Ambassador Marco Antonio Diniz Brandao said Vietnam and Brazil seenumerous opportunities for investment cooperation as the two governments payattention to developing the private sector. The embassy and the ForeignMinistry of Brazil will try their best to make Hue’s upcoming working visit toBrazil a success, which will foster bilateral political and economic ties.


While receiving US Ambassador DanielKritenbrink, Deputy PM Hue affirmed that Vietnam always considers the US one ofits leading partners and applauded the US’s continued active role inAsia-Pacific, thus contributing to maintaining peace, stability, cooperationand development in the region.

Daniel Kritenbrink said the US wishes to step up practical investment and tradecooperation with Vietnam, adding that US businesses hope to fully access the anticipatableeconomic policy system of Vietnam.

Both host and guest agreed that the upcoming visit of the Vietnamese Governmentdelegation will offer a chance for the two sides to clear current obstacles to bilateraltrade relations.-VNA
VNA

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