President Trump: Vietnam's economy is among the fastest growing, Vietnamese students are excellent
The US President is impressed by the fact that Vietnam is one of the fastest growing economies in the world and that Vietnamese students are among the best in the United States.
Addressing the summit in the CEO Summit, the US President Donald Trump mentioned Damrey that has just stormed into Vietnam.President Trump affirms that he comes here to share his vision of a free and open India-Pacific.
"APEC helps bring prosperity to nations," said the President.
The US President Donald Trump made speech at the CEO Summit. Photo: Hoang Nam
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After President Donald Trump took office, a number of high-level visits were organized. In April 2017, Deputy Prime Minister and Foreign Minister Pham Binh Minh made an official visit to the US. From May 29-31, Prime Minister Nguyen Xuan Phuc toured the US following Trump’s invitation. Partnership between the two legislative bodies has been growing.
Many opportunities are being created in bilateral partnership as the ties across politics, diplomacy, economy and trade have been strengthened, along with effective collaboration in science-technology, defence-security, education, people-to-people contact, war aftermath settlement, as well as regional and international matters of shared concern.
Since 2005, the US has become one of the leading trade partners of Vietnam, with two-way trade rising 20 percent in recent years. As of November 2016, the US ranked 8th out of 112 foreign investors in Vietnam with 815 projects worth 10.07 billion USD. The US was the ninth largest market of Vietnamese investors with 147 projects totaling 571.38 million USD.
The two countries have also worked together in global issues such as climate change response, food security, energy and water resources, trans-national crime fight. They have maintained annual dialogues on human rights with straightforward and constructive spirit, not letting differences hamper the development of their relations.
Today, Vietnam's open economy is one of the fastest growing economies in the world. Vietnamese students are one of the best in the US. That is very impressive.
"The same story of miraculous change has taken place in this area," said President Trump.
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