Pearlman, who is also chairman of investment fund Warburg Pincus, said this when Vietnamese Minister of Industry and Trade Nguyen Hong Dien recently met him in Washington, DC. Vietnam is Warburg Pincus’s second-largest market in Asia.
The minister stressed that the economic relationship between the two countries is mutually complementary, creating competitive advantages and promoting sustainable development, aligning with Vietnam's goal of building an independent, self-reliant and deeply integrated economy, a Vietnamese media outlet reported.
The minister called on USABC and the American business community to continue supporting Vietnam in its negotiations for a reciprocal trade agreement between the two countries. He also proposed joint efforts to promote investment and business opportunities in Vietnam to American partners.
Pearlman noted he would soon meet US Commerce Secretary Howard Lutnick, Treasury Secretary Scott Bessent, and US Trade Representative (USTR) Jamieson Greer and propose strengthening cooperation with the Association of Southeast Asian Nations (ASEAN), a region of strategic importance in US policy;
The two sides also discussed potential cooperation in fields such as energy, industry, digital transformation, green transition, logistics, and supply chain development.
The Vietnamese minister also met leaders of the American Apparel & Footwear Association (AAFA) and major US textile and footwear companies like GAP, Levi Strauss, Hanes Brands and Under Armour.
ALCHEMPro News Desk (DS)
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