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Ambassador Osius says will try to make US become Vietnam’s number-one investor

Ambassador Osius says will try to make US become Vietnam’s number-one investor

Thursday, January 08, 2015, 18:50 GMT+7

U.S. Ambassador Theodore Osius wishes to make his country Vietnam’s number-one investor and largest trade partner in the future, according to what was discussed during his meeting with Vietnamese Prime Minister Nguyen Tan Dung in Hanoi on Wednesday.

>> Strengthening maritime security relation helps deepen Vietnam-US comprehensive partnership: Ambassador Ted Osius

At the meeting, Prime Minister Dung called on both two countries to step up cooperation to effectively implement nine fields within their bilateral strategic partnership framework, including economy, trade, investment, exchange of high-level visits, and others. He also urged the U.S. to apply a more flexible approach to the bilateral negotiations on the Trans-Pacific Partnership (TPP) agreement so that it can be signed soon.

Ambassador Osius conveyed that President Barack Obama appreciated his conversation with PM Nguyen Tan Dung on the sidelines of the East Asia Summit in Myanmar last year as well as reiterated his support for Vietnam’s prosperity and independence.

According to the ambassador, participation in the TPP is crucial for Vietnam to become a strong, independent, and prosperous country.

Ambassador Osius said he agreed with Vietnam’s economic development priorities, adding that the U.S. had already shown flexibility in TPP talks. The diplomat also hoped that the TPP negotiations will conclude very soon.

On the economic front, the guest said it is his ambition to create conditions for the United States to become the top investor and trade partner of Vietnam. He also emphasized that the U.S. supported Vietnam’s stance and viewpoint on regional security and that President Obama is making efforts to fully remove the arms sale ban on Vietnam.

On October 2, 2014, the U.S. partially lifted a long-time ban on lethal weapon sales to Vietnam to help it improve maritime security, a historic move that came nearly 40 years after the American war in the Southeast Asian country.

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