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Vietnamese, US officials talk bilateral ties

Published: 08/10/2008 05:00

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VietNamNet Bridge – The Vietnamese Embassy in the US joined hands with the World Affairs Council of Washington DC (WACDC) to hold a talk on the Vietnam-US relationship and its development prospect in Washington D.C on Oct. 7.

Ambassador Le Cong Phung.
The discussion brought together 70 WACDC officials and Vietnamese diplomats.

Ambassador Le Cong Phung briefed WACDC officials on socio-economic performance and achievements Vietnam has recorded since it launched the renovation cause in 1986, including an annual economic growth rate of 7.2 percent and the reduction of poverty rate from almost 50 percent to 18 percent in 2006.

Regarding the Vietnam-US relations, Ambassador Phung said the relationship between Vietnam and the US has been growing and expanding to all fields since the two countries normalised their ties in 1995.

The diplomat highlighted the fact that the US is currently Vietnam’s largest export market with two-way trade reaching 12 billion USD in 2007.

In the first five months of this year, US companies pledged to invest more than 4 billion USD in Vietnam, making the US the fifth largest investor in the Southeast Asian country.

The two countries have maintained frequent exchange of high-level talks, including four meetings between the Vietnamese President and Prime Minister and US President G. Bush in the past four years.

Vietnam and the US have also agreed to ratchet up cooperation in such areas as culture, education, the environment and humanitarian issues, including MIA.

Ambassador Phung spent much time answering questions raised by WACDC officials concerning economic development in Vietnam and the bilateral ties.

He said he hoped WACDC members will help promote better understanding of Vietnam, its people, and its peace and reconciliation policies among the US public, thus contributing to bringing the two countries’ ties to a new height.

WACDC is non-governmental organisation with members being officials of the federal and local administrations, university professors, and members of companies located in Washington D.C with interests in foreign affairs.

(Source: VNA)

Update from: http://english.vietnamnet.vn//politics/2008/10/807629/

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