Vietnam, U.S. to actively participate in TPP negotiations

07:52, June 11, 2010      

Email | Print | Subscribe | Comments | Forum 

Vietnam and the United States vowed to take active part in next rounds of negotiations to set up a Trans-Pacific Partnership (TPP) agreement to beef up the bilateral trade and economic ties, U.S. Ambassador Demetrios Marantis told a press conference here on Thurday.

This year Vietnam and the U.S. will mark the 15-year normalization of the bilateral diplomatic ties. The bilateral trade between Vietnam and the U.S. jumped to 15.4 billion U.S. dollars in 2009, compared to one billion U.S. dollars in 2001, Dementrios Maratis said at the conference.

"We will discuss the future prospect and next steps to boost bilateral trade and economic cooperation, including the next rounds for TPP to be a focus, the U.S. ambassador said.

"TPP will boost competitiveness of Vietnam's economy in global economy and increase enthusiasm and interest from the U.S. businesses in Vietnam's business environment, he said.

"Vietnam should take active part in shaping the rules of TPP together with the United States, he urged.

TPP's next rounds will help increase the U.S.'s engagement trade with the Asia-Pacific region and vice versa, he said.

The U.S. has become the biggest among the foreign investors in Vietnam and Vietnam is the 17th biggest export market of the United States, he said.

Source: Xinhua


  • Do you have anything to say?


Special Coverage
  • Premier Wen Jiabao visits Hungary, Britain, Germany
  • From drought to floods
Major headlines
Editor's Pick
  • Giant red lantern lights up in Tiananmen Square to celebrate the coming National Day on Oct. 1. (Xinhua/Li Xin)
  • A ceremony is held in Taipei, southeast China's Taiwan, on Sept. 28, 2011, to commemorate the 2,562nd birthday of Confucius (551-479 BC), a Chinese thinker, educationist and philosopher. (Xinhua/Wu Ching-teng)
  • The world's first Boeing 787 Dreamliner for delivery arrives at Haneda airport in Tokyo, capital of Japan, on Sept. 28, 2011. The Boeing 787 Dreamliner, whose buyer is All Nippon Airways (ANA), will implement a flight of ANA on Oct. 26 from Tokyo's Narita Airport to Hong Kong in south China. (Xinhua/Ji Chunpeng)
  • A Libyan National Transitional Council (NTC) fighter shows what is believed to be human jawbone found inside a mass grave near Abu Salim prison in Tripoli, Libya, Spet. 27, 2011. The NTC on Sunday said they had found a mass grave containing the bodies of 1,270 people killed by Gaddafi's security forces in a 1996 massacre at Abu Salim prison in southern Tripoli. (Xinhua/Li Muzi)
  • Rescue workers and local residents search for survivors after a building collapsed in old Delhi, India, Sept. 27, 2011. At least 10 people were killed and 35 injured when an old three-storey building collapsed. More than a dozen people are still feared trapped under the debris, police said. (Xinhua/Partha Sarkar)
  • A visitor has flying experience in the windmill castle of Jinshitan National Holiday resort in Dalian, northeast China's Liaoning Province, Sept. 27, 2011. The castle is a 23-meter-high building with 21 meters in diameter. The castle uses wind tunnel to make objects floating in the air. It is the first indoor stadium in China, which enables people to have flying experience. (Xinhua/Zhang Chunlei)
Hot Forum Discussion