(VOVworld) – Vietnamese Ambassador to the US Pham Quang Vinh on Friday attended the 48
th annual meeting of the Member Council of the
Emergency Committee for American Trade (ECAT).
Vietnamese Ambassador to the US Pham Quang Vinh |
Mr. Vinh highlighted developments in Vietnam-US relations, especially in economics, trade, and prospects of the Trans-Pacific Partnership (TPP). While both countries are celebrating the 20
th anniversary of the normalization of diplomatic relations, trade and investment relations have been the key momentum for enhancing bilateral ties.
Over the past 2 decades, trade revenues have increased 70 times to 36 billion USD. The US is Vietnam’s largest export market and 7
th largest investor in Vietnam with a total capital of 13 billion USD. Ambassador Vinh said Vietnam will work with other countries to soon finalize the TPP negotiation and is committed to strictly implementing the agreement once it’s approved.