November 14, 2013
As part of his trip to Asia to highlight the importance of the Trans-Pacific Partnership (TPP), boosting regional growth and global demand, the U.S. Treasury Secretary Jacob J. Lew visited Hanoi on November 14. He met with the Prime Minister Nguyen Tan Dung, Minister of Finance Dinh Tien Dung and the Governor of the State Bank of Vietnam Nguyen Van Binh.
“The United States and Asia are vital engines of the global economy and a strong American economy is good for Asia, and a strong Asian economy is good for the United States. We are very focused on this region, and the United States shares a commitment with Asia on boosting growth and creating jobs. It is very important that we have an ongoing dialogue,” said Secretary Lew during a press conference at the Ministry of Finance.
Secretary Lew and Finance Minister Dung discussed a range of issues concerning U.S. support for Vietnam’s continued efforts to stabilize the economy as well as the importance of effective action to restore the health of the financial sector. Both sides emphasized the importance of the Trans-Pacific Partnership for the U.S. and Vietnam, for the region and for the global economy. Both sides shared agreement on the objective of concluding the agreement this year.
Finance Minister Dung will participate in the ASEAN Finance Ministers meeting which the United States will host the in 2014.