ID :
23306
Wed, 10/08/2008 - 21:32
Auther :

Vietnamese, US officials talk bilateral ties

Washington (VNA) - 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.

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.-

X