Ho Chi Minh City, Utah State vow to promote trade, high-tech links

Hanoi, August 30 (VNA) – The Hanoi City People’s Committee signed a Memorandum of Understanding (MoU) on forming friendly and cooperative relations with the administration of the US state of Utah following a dialogue of Hanoi and Utah businesses in Hanoi on August 30. The dialogue, held on the occasion of a visit to Hanoi by Utah Governor Gary Herbert, was attended by representatives from 15 Hanoi enterprises and 25 from Utah.  Speaking on the occasion, Chairman of the municipal People’s Committee Nguyen Duc Chung wished that via the MoU signing, the two sides will officially decide on specific cooperative contents and implement them. He mentioned possible fields for cooperation such as general education, personnel training, technological transfer, transport infrastructure, information technology, pharmaceuticals, high-tech agriculture, energy, tourism and environment.  The Hanoi authorities pledge all possible support to foreign enterprises on the win-win basis, he said, adding that he hopes the Governor would serve as a bridge promoting Hanoi’s ties with the US administration and businesses and those in Utah in particular.  Herbert, for his part, said the Utah administration creates favourable conditions for foreign firms in the state by cutting taxes, simplifying administrative procedures and streamlining apparatus.  He revealed that though recording the highest economic growth in the US, Utah state has the smallest administration apparatus, which he said, has laid foundation for success. VNA/VNP ... [read more]

NDO – Vietnam always attaches great importance to the friendship cooperation between the locations of the two countries, Deputy Prime Minister and Foreign Minister Pham Binh Minh assured the Governor of the US’s Utah State Gary Herbert during a reception in Hanoi, on August 30. Deputy PM Pham Binh Minh highly appreciated the visit of the governor and his delegation to Vietnam and the leader also welcomed further strengthening the cooperation between the US’s states in general, and Utah State in particular, and Vietnamese localities, contributing to promoting the comprehensive partnership between the two countries. The Deputy PM highlighted Vietnam’s determination to building a constructive and action-minded government, as well as its efforts to improve the business and investment climate, foster startups, renovation and creativeness. He also underlined Vietnam’s commitment to build a transparent and constructive government in service of the people and businesses. Deputy PM urged businesses and research and education facilities in Utah to increase their investment, business and cooperation in Vietnam, especially in the fields of strength of Utah State, such as the construction of transport infrastructure, science, water resources management, sustainable agricultural development, urban planning and climate change adaptation. The Governor of Utah expressed his admiration for Vietnam's achievements in its comprehensive reform; highly appreciating the positive development of bilateral relation between the two countries over the past few years. Governor Gary Herbert also affirmed that Utah State will value and pay significant attention to promoting the friendly relations and effective co-operation with Vietnam, positively contributing…... [read more]

The ambassador gave a lecture at the D. Kennedy Centre for International Studies at the Brighham Young University (BYU) - one of the biggest private universities in the US. He informed more than 100 students, professors and American friends of Vietnam’s reform policies and socio-economic development strategy in the 2011-2020 period as well as prospects for cooperation between Vietnam and the US in the future. The ambassador also held an exchange with more than 50 Vietnamese alumni of the BYU and handed over a decision recognizing the establishment of the Vietnam Youth and Alumni Association. The BYU Headmaster highlighted Vietnamese students’ academic achievements and said he was willing to receive more Vietnamese students. During his visit, ambassador Nguyen Quoc Cuong met with Governor Gary Herbert and Senator Orrin Hatch and representatives from more than 50 leading enterprises to discuss prospects for cooperation between the two countries, as well as those between Utah state and Vietnam. The Governor announced that his Office had organized a trip for a delegation of American businesses to seek investment opportunities in Vietnam. Meanwhile, some Vietnamese businesses in the State also expressed wishes to increase their investment in some major projects in Vietnam. Over the past five years, two-way trade between Vietnam and Utah has increased by more than 200 percent, according to statistics from the Governor’s Office. Ambassador Cuong also held working sessions with leaders from Mormon Cathedral in Salt Lake City. He told the Cathedral’s leaders about Vietnam’s religious policies and they agreed that…... [read more]

Vietnamese Ambassador to the US Pham Quang Vinh has visited the US State of Utah which boasts great potential in mining, science-technology and education. During the visit from November 5-6, the Ambassador met with Utah Governor Gary Herbert who agreed on the necessity of boosting relations between Vietnam and the US State. Herbert promised to send a business delegation to the Southeast Asian country in the near future. Ambassador Vinh said Vietnam hopes to enhance cooperation with Utah , especially in the fields of trade, science and education. The diplomat later attended a seminar with the participation of nearly 40 US businesses – which are planning to invest in Vietnam. The entrepreneurs said they are impressed by the dynamic economic growth of Vietnam and vowed to coordinate with the Vietnamese Embassy in the US to increase cooperation activities in the fields of their strengths such as trade, finance, service, education, science-technology and health care. The Vietnamese Ambassador introduced Vietnam’s foreign investment incentives, economic restructuring, and cooperation opportunities from the Trans-Pacific Partnership (TPP) agreement. He also had a meeting with former US Congressman Eni Faleomavaega, a close friend of Vietnam, who has made significant contributions to the Vietnam-US relations. Faleomavaega recalled his visits to Vietnam and pledged to do his utmost to enhance the bilateral relations, especially calling on the US to make more contributions to addressing post-war consequences in Vietnam, including the Agent Orange (AO)/Dioxin. At a working session with leaders of Brigham Young University (BYU) – the third biggest…... [read more]

(VOVworld)- Vietnamese Ambassador to the US Pham Quang Vinh has visited the US State of Utah which boasts great potential in mining, science-technology and education. During the visit last week, Vinh met with Utah Governor Gary Herbert who agreed on the necessity of boosting relations between Vietnam and the US State. Herbert promised to send a business delegation to the Southeast Asian country in the near future. Ambassador Vinh said Vietnam hopes to enhance cooperation with Utah, especially in trade, science and education. The diplomat later attended a seminar with the participation of nearly 40 US businesses – which are planning to invest in Vietnam. Vinh introduced Vietnam’s foreign investment incentives, economic restructuring, and cooperation opportunities from the Trans-Pacific Partnership (TPP) agreement. He also had a meeting with former US Congressman Eni Faleomavaega, a close friend of Vietnam, who has made significant contributions to the Vietnam-US relations. Faleomavaega recalled his visits to Vietnam and pledged to do his utmost to enhance the bilateral relations, especially calling on the US to make more contributions to addressing post-war consequences in Vietnam, including the Agent Orange (AO)/Dioxin. At a working session with leaders of Brigham Young University (BYU) – the third biggest private university in the US, the Ambassador expressed his wish to further cooperation between the BYU and Vietnamese education facilities and increase the number of Vietnamese students to study at the BYU. While meeting with leaders of the Mormon Church in Utah, the Ambassador shared Vietnam’s policies on reform, socio-economic development,…... [read more]

Vietnamese Ambassador to the US Pham Quang Vinh has visited the US State of Utah, which boasts great potential in mining, science-technology and education. During the visit from November 5-6, the Ambassador met with Utah Governor Gary Herbert who agreed on the necessity of boosting relations between Vietnam and the US State. Herbert promised to send a business delegation to the Southeast Asian country in the near future. Ambassador Vinh said Vietnam hopes to enhance cooperation with Utah, especially in the fields of trade, science and education. The diplomat later attended a seminar with the participation of nearly 40 US businesses – which are planning to invest in Vietnam. The entrepreneurs said they are impressed by the dynamic economic growth of Vietnam and vowed to coordinate with the Vietnamese Embassy in the US to increase cooperation activities in the fields of their strengths such as trade, finance, service, education, science-technology and health care. The Vietnamese Ambassador introduced Vietnam’s foreign investment incentives, economic restructuring, and cooperation opportunities from the Trans-Pacific Partnership (TPP) agreement. He also had a meeting with former US Congressman Eni Faleomavaega, a close friend of Vietnam, who has made significant contributions to the Vietnam-US relations. Faleomavaega recalled his visits to Vietnam and pledged to do his utmost to enhance the bilateral relations, especially calling on the US to make more contributions to addressing post-war consequences in Vietnam, including the Agent Orange (AO)/Dioxin. At a working session with leaders of Brigham Young University (BYU) – the third biggest private…... [read more]

A raging Utah brush fire ignited by target shooting in dry grass forced some 8,000 people from their homes in two small communities on Friday as high winds fanned flames toward a nearby explosives factory, authorities said. Photo: Reuters Hundreds of miles to the east in Colorado, swirling winds and triple-degree heat also conspired to stir up a two-week-old blaze north of Denver, causing more property damage and forcing more evacuations a day after firefighters had gained ground. After days of slow, steady progress in carving buffer lines around 60 percent of the Colorado fire's perimeter, containment slipped back to 45 percent on Friday evening. "We're losing homes right now as we speak," Colorado's Larimer County spokeswoman Kathy Messick said on Friday. In Utah, where 2,300 homes were evacuated, the so-called Dump fire erupted on Thursday in the Kiowa Valley near a landfill for Saratoga Springs, a town of 18,000 people about 35 miles south of Salt Lake City. The blaze initially scorched about 750 acres of cheat grass, sage and pinyon juniper, but grew to 4,000 acres by Friday evening, stoked by gale-force winds and rising air temperatures, Bureau of Land Management spokeswoman Teresa Rigby said. No homes were in imminent danger in Utah, but fire authorities said they were unable to predict when ground crews might be able to begin encircling the blaze. "It's going to take a significant effort to get it contained," Utah Governor Gary Herbert said after meeting with fire officials. Herbert, who said that…... [read more]

(VOVworld)-Vietnam's ambassador to the US Nguyen Quoc Cuong, just finished a three-day visit to the State of Utah. During his trip, he met with local officials, parliamentarians, religious leaders and representatives from universities in the State to promote cooperation between Vietnam and Utah. The Ambassador met with Governor Gary Herbert and Senator Orrin Hatch and representatives from more than 50 leading enterprises. They discussed prospects for cooperation between both countries, as well as between Utah and Vietnam. Ambassador Cuong also met with leaders from the Mormon Church in Salt Lake City. He informed their leaders about Vietnam's religious policies and they agreed that all Mormons should respect the State's laws and good citizens. Over the past five years, two-way trade between Vietnam and Utah has increased by more than 200 percent, according to statistics released by the Governor's Office.... [read more]

Vietnam’s Ambassador Nguyen Quoc Cuong, met with officials, parliamentarians, local dignitaries, lecturers and students in the US State of Utah as part of his visit from March 30 to April 1. At Brigham Young University (BYU), one of the largest private universities in the US , with over 30,000 students, Ambassador Cuong delivered a lecture at the David M. Kennedy Centre for International Studies. With the theme “Vietnam-the next stage of reforms”, Cuong’s lecture drew more than 100 students, professors and US friends, to hear about reforms in Vietnam, the country’s Socio-Economic Development Strategy for the period 2011-2020 as well as prospects for further cooperation between the two countries in the future. On the occasion, the Vietnamese Ambassador also met with over 50 Vietnamese students currently studying at BYU and handed over a certificate recognising the Vietnamese students association in the university. During his stay in Utah , Cuong held talks with the state’s Governor, Gary Herbert, Senator Orrin Hatch and representatives of over 50 leading businesses. Governor Herbert informed his guest that the Utah Governor’s Office has recently organised a fact-finding trip for a delegation of business people to study investment opportunities in Vietnam . He added that the businesses are confident they could cooperate with Vietnam in the future. A number of Vietnamese businesses in Utah also said they hope to step up investment in their homeland , including several major projects and also link up businesses from Utah and Vietnam together. Over the past five years, two…... [read more]

Oil prices fell on Friday in the wake of Hurricane Harvey, which has killed more than 40 people and brought record flooding to the oil heartland of Texas, paralyzing over a quarter of the U.S. refining industry. Flood waters caused by Tropical Storm Harvey encompass the Motiva Enterprises LLC in Port Arthur, Texas, U.S. August 31, 2017.  Harvey, downgraded to a tropical storm and losing steam as it moved inland, shut at least 4.4 million barrels per day (bpd) of refining capacity, according to company reports and Reuters estimates. That sparked fears of a fuel shortage ahead of the Labor Day weekend, and cut refinery demand for crude oil, widening the spread between oil products and crude, particularly between U.S. gasoline RBc1 and light crude CLc1. This gasoline “crack spread” hit a high of $27.79 a barrel on Friday, up $10 in a week. “The hurricane will affect refining more than production,” said Tony Nunan, oil risk manager at Mitsubishi Corp. “Production will come back faster than refining so it is just going to exacerbate the situation where there’s too much oil.” Benchmark Brent crude LCOc1 for November was down 40 cents at $52.46 a barrel by 0830 GMT. The Brent contract for October, which expired on Thursday, closed up $1.52, or 2.99 percent, at $52.38. U.S. crude was last down 45 cents at $46.78 a barrel. The contract rebounded 2.8 percent on Thursday but is still heading for a weekly decline of around 2 percent. U.S. gasoline hit a…... [read more]




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