CATEGORIES

© Copyright 2004; Hanoitimes - Economic and Urban Newspaper;

The tribune of Hanoi People’s Committee

Publication Permit: 29/GP-CBC

Editor - in - Chief: Nguyen Thanh Loi

Managing Editor: Ta Thu Giang

Email : thugiang@hanoitimes.vn

Head Office: 21 Huynh Thuc Khang Street, Dong Da District, Hanoi

Branch Office: 221 Tran Phu Street, Ha Dong District, Hanoi

WORDS ON THE STREET 70th anniversary of Hanoi's Liberation Day Vietnam - Asia 2023 Smart City Summit Hanoi celebrates 15 years of administrative boundary adjustment 12th Vietnam-France decentrialized cooperation conference 31st Sea Games - Vietnam 2021 Covid-19 Pandemic
Home / Economy / Trade - Service
Vietnam plans scale LNG imports from US
Ngoc Thuy 12:59, 2019/06/29
US President Donald Trump expressed his strong support for the US – Vietnam bilateral relations, welcoming recent efforts from the Vietnamese government against trade fraud.
US President Donald Trump and Vietnam’s Prime Minister Nguyen Xuan Phuc discussed and expected the soon signing of the memorandum of understanding on long-term cooperation between Vietnam’s Ministry of Industry and Trade (MoIT) and the US Department of Energy for large scale import of US liquefied natural gas (LNG). 
 
Illustrative photo.
Illustrative photo.
The information was revealed at the meeting of the two leaders on the sidelines of the G20 summit in Osaka, Japan.

Regarding the deal, Trump welcomed the strategic cooperation in energy between the two countries and asked for balanced bilateral trade for mutual benefits.

Additionally, Trump expressed his strong support for the US – Vietnam bilateral relations, welcoming recent efforts from the Vietnamese government against trade fraud. 

Over the past few years, the US – Vietnam relations have been growing strongly, especially in trade and economy. In 2018, bilateral trade reached US$58.84 billion, and Vietnam was one of the US's fastest-growing export markets, according the US Census Bureau. 

President Trump and Prime Minister Phuc are in Osaka to attend the two-working day G20 summit from June 28 – 29. 

On the sidelines of the summit, PM Phuc also had bilateral meetings with China’s President Xi Jinping, President of Chile, Prime Ministers of India, Canada, President of the European Commission and Director General of the World Health Organization to boost cooperation between Vietnam and its partners. 
Comments
Other news
14:06, 2024/11/20
Hanoi strengthens export competitiveness and trade protection measures
Hanoi will work with the Ministry of Industry and Trade to ensure that businesses and manufacturers are ready for new challenges.
10:49, 2024/11/16
US reiterates Vietnam is not manipulating currency
The US Treasury Department’s positive evaluation underscores Vietnam’s progress in balancing its economic and monetary policies while fostering strong bilateral relations with the US.
21:14, 2024/10/31
Vietnam, Brazil: Building bridges through shared history and new partnerships
Vietnam and Brazil are forging a future of mutual development, bridging continents through their shared history and new partnerships.
16:54, 2024/10/29
Hanoi to attract tourists by showcasing local specialties at wholesale markets
Hanoi aims to enhance supervision of food safety and traceability, along with promoting cashless transactions.
16:28, 2024/10/27
National E-commerce Week, Vietnam Online Shopping Day 2024 set to kick off
This year's event will focus on celebrating and raising the status of Vietnamese products, according to the Ministry of Industry and Trade.
18:39, 2024/10/21
Vietnamese goods in rising demand among Hanoi residents
The domestic market, estimated to be worth US$180 billion and projected to grow to US$350 billion by 2025, presents an opportunity for Vietnamese goods to gain a foothold domestically.