Minister of Industry and Trade asks large enterprises to actively import American goods

Minister of Industry and Trade, Head of the Government Negotiation Delegation Nguyen Hong Dien chaired a working session with corporations, general corporations, and large enterprises of Vietnam, such as PVN, Petrolimex, PV Gas, EVN, TKV, Vietnam Chemical Group, Vietnam Airlines, Vietjet, THACO Industries, Viettel, VNPT...

These corporations have imported a large number of products such as aircraft, machinery, equipment, turbines for gas-fired power plants, power transmission systems, GPU chips, raw materials, etc. from the US in recent years, worth up to several billion USD.

Minister Nguyen Hong Dien works with major corporations to promote trade balance between the US and Vietnam.

At the meeting, representatives of the corporations said that from now until June, they will increase meetings and work with American partners to promote contracts to realize signed agreements and memorandums of understanding.

According to Minister Nguyen Hong Dien, Vietnam currently has a need to purchase goods, equipment and services from the US in large quantities, with high and stable value. These are all products that the US has strengths in and that Vietnam has a need for.

However, trade between the two countries has not really matched their potential. The Minister said that both sides need to urgently review and promptly remove difficulties and obstacles, creating favorable conditions for businesses in buying and selling essential products, supplementing each other's demand for goods.

Therefore, the Minister suggested that in the coming time, businesses need to be more active to realize this great potential.

This is a practical action to help promote economic, trade and investment cooperation between the two countries in a substantive, increasingly in-depth and effective manner; at the same time, contributing towards a harmonious and sustainable trade balance.

On the same day, Minister Nguyen Hong Dien also had a meeting with Mr. Marc E. Knapper, Ambassador Extraordinary and Plenipotentiary of the United States to Vietnam to promote the negotiation process to handle bilateral economic and trade issues in the current period.

Mr. Dien believes that the complementary nature of the Vietnamese and US economies is an important feature that helps economic and trade cooperation between the two countries develop increasingly strongly.

In the coming time, the two sides need to support businesses to promptly remove difficulties and obstacles, create favorable conditions for businesses in cooperation projects, as well as the purchase and sale of essential products, supplementing each other's demand for goods, contributing towards a harmonious and sustainable trade balance.

According to statistics, in the first quarter of the year, Vietnam exported 31.4 billion USD worth of goods to the US and imported 4.1 billion USD from this country. Two-way import-export turnover increased by about 20% compared to the same period last year.

After 4 months, the US is Vietnam's largest export market with a turnover of 43.4 billion USD.

Thanh Lam

Source: https://vtcnews.vn/bo-truong-cong-thuong-de-nghi-loat-doanh-nghiep-lon-tich-cuc-nhap-hang-my-ar942092.html