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NEWS UPDATES Asean Affairs                                9  September 2011

Vietnamese president welcomes US delegation

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Vietnam always welcomes US enterprises that seek long-term cooperation and investment opportunities in Viet Nam,President Truong Tan Sang said yesterday while receiving the US-ASEAN Business Council (USABC) delegation and its member companies. The delegation was led by USABC President Alexander Feldman and president of the council's US-Vietnam committee, Stuart Dean.

The two presidents were accompanied by representatives from nearly 40 groups and large firms - the largest ever business delegation from the US to Vietnam.

In the meeting, Sang expressed his delight at positive developments in the US -Viet Nam relationship, especially in economics, trade, education, science and technology, and social issues.

Viet Nam attached importance to the relationship with the US, wishing that bilateral cooperation would increasingly develop, bringing practical benefits to the two peoples, and contributing to peace, national dependence, democracy and social progress in the world, he said.

Sang highly appreciated the effective contributions of the council and US businesses in strengthening ties between the two countries, particularly in economics, trade and investment.

Sang affirmed the Vietnamese Party and State were determined to stabilise the macro-economy and facilitate fast and sustainable economic growth so that the target of becoming an industrialised country towards modernisation by 2020 could be reached.

He asked US companies to support Viet Nam's socioeconomic development, international integration and market economy completion, as well as help the country to overcome the consequences of war and cope with global challenges such as climate change, which would contribute to lifting bilateral ties to a new height.

For his part, Alexander Feldman affirmed US companies wished to foster cooperation with the Vietnamese government and enterprises in all fields.

US firms considered Vietnam a potential partner and market and highly valued the measures to stabilise the macro-economy that the country was taking. He said they wished to cooperate in the long run and invest in sectors prioritized by Viet Nam, especially in building a comprehensive and modern infrastructure system and improving the quality of human resources.


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It is commonplace in journalism to write two types of articles at the transition point between the year that has passed and the New Year. As this writer qualifies as an “old hand” in observing Thailand with a track record dating back 14 years, it is time take a shot at what may unfold in Thailand in 2011.

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