Vietnam's Finance Minister Seeks Closer Ties with US Corporations

Minister of Finance Ngo Van Tuan recently met with major corporations and financial institutions during his trip to the U.S. as part of a larger diplomatic effort by General Secretary of the Communist Party of Viet Nam Central Committee and President To Lam.

The meetings aimed to strengthen economic, trade, and investment cooperation between Viet Nam and the U.S., an important driver of their Comprehensive Strategic Partnership. Tuan noted that Coca-Cola has operated in Viet Nam for over 30 years with a total investment exceeding $1 billion, contributing to production, job creation, State budget revenues, supply chain development, and community programs.

Thompson, Senior Director for Global Policy and Sustainability at The Coca-Cola Company, expressed the company's wish to expand cooperation, linking its operations in Viet Nam with sustainable development, product innovation, resource efficiency, sustainable packaging, collection, and recycling. Standard Chartered spoke highly of Viet Nam's macroeconomic foundations, long-term growth prospects, and efforts to improve the investment environment, market transparency, and international financial integration.

The two sides agreed to maintain close exchanges and promote specific cooperation to strengthen Viet Nam's links with international financial markets and mobilize resources for development.