US, Vietnam begin 2nd round of trade pact talks

The Vietnamese delegation is being led by MoIT Minister Nguyen Hong Dien.

Dien also met representatives from Westinghouse, a nuclear technology corporation, and conveyed them that Vietnam intends to restart its nuclear power programme to ensure energy security amid rising electricity demand and the current limitations of renewable energy sources.

Energy cooperation will also be an important driver for balancing bilateral trade, the minister affirmed.

Both sides agreed to work towards signing a memorandum of understanding between Westinghouse and the Vietnam National Industry-Energy Group (Petrovietnam) in nuclear power development, a Vietnamese news agency reported.

The two sides will also continue to promote cooperation, particularly in critical areas like investment models for energy infrastructure, technology transfer and the training and development of technical personnel for the nuclear power sector.

ALCHEMPro News Desk (DS)