Prime Minister Phạm Minh Chính suggested Việt Nam and the US breakthroughs in cooperation in science-technology, innovation, and education-training at a meeting with US Trade Representative Katherine Tai in Washington D.C. on September 19.
Flight VN98 by national carrier Vietnam Airlines landed in the US on Monday morning, marking the completion of the first commercial non-stop flight from Viet Nam to the US after the direct route was officially approved..
The garment and textile sector was forecast to suffer the most from goods origin regulations under the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), said Bui Kim Thuy, the country representative for Viet Nam at the US-ASEAN Business Council.
Opportunities to export to the US and the US requirements for imported
food and pharmaceuticals were discussed during a seminar held in Ha Noi
on Monday.
The dollar jumped yesterday to trade at the ceiling rate set by the
State Bank of Viet Nam for commercial banks while the US currency was
even stronger in unofficial trading.
The State Bank of Viet Nam raised the US dollar exchange rate for the
third time this year and expanded the dong''s trading band in early
August to counter China''s move to depreciate the yuan. The decision is
expected to influence the country''s...
Twenty years after the US and Viet Nam established
diplomatic relations, bilateral trade turnover has risen 80-fold, and is
expected to boom after the Trans Pacific Partnership agreement,
currently under negotiations, takes effect.
Experts said the State Bank of Viet Nam will succeed in keeping the
Vietnamese dong-US dollar exchange rate from fluctuating to below 2 per
cent this year.
Two-way trade between Viet Nam and the US increased significantly by 26
per cent to US$4.9 billion over past two months, making US become Viet
Nam''s second largest trade partner.
The State Bank of Viet Nam has said that it would closely monitor
exchange rate movements and balance of payment figures to manage the
rate in a manner that would encourage dong holdings and limit shifting
to US dollar holdings.