Accordingly, the Vietnamese side handed over to the U.S. two boxes of remains which were recovered by joint and unilateral excavation teams during the 136th Joint Field Activities from July to September 2019. The remains had been jointly reviewed and concluded by Vietnamese and U.S. forensic specialists in Da Nang city that they might be associated with the U.S. servicemen missing during the war in Vietnam. The remains will be taken to Hawaii, the U.S.A., for verification. Photo: dangcongsan.vn Speaking at the ceremony, the U.S. Consul General to Ho Chi Minh City Marie Damour expressed deep gratitude and high appreciation for the full and increasingly efficient cooperation of the Vietnamese Government and people in this work. She also underlined that the U.S. pledges to further support Vietnam in dealing with war-left consequences in the country. The search for the remains of U.S. servicemen missing during the war in Vietnam is humanitarian cooperation between … [Read more...] about U.S. servicemen’s remains repatriated
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Turkey asked the United States to lift trade barriers between the two countries during talks last Saturday aimed at sharply increasing bilateral commerce, Turkey’s trade minister said. Washington and Ankara have set an ambitious goal of quadrupling their trade to US$100 billion a year, despite the prospect of U.S. sanctions over Turkey’s recent purchase of Russian missile defense systems. Trade Minister Ruhsar Pekcan said she expressed Turkey’s “clear expectation” to U.S. Secretary of Commerce Wilbur Ross over the removal of “certain barriers and policies as implemented by the U.S. administration that constitute (an) obstacle to enhancing our bilateral trade.” The White House said in May it was ending a preferential trade agreement with Turkey, saying Turkey’s level of economic development meant it was no longer eligible for the support. Turkey could also face sanctions from its NATO ally over the delivery in July of Russian S-400 … [Read more...] about Turkey calls on U.S. to lift barriers to boost trade
The national carrier is allowed to operate flights between Viet Nam’s Ho Chi Minh City and Ha Noi and the U.S. cities of Los Angeles, San Francisco (California); New York (New York), Seattle (Washington) and Dallas - Fort Worth (Texas). The transit flights will include stops in Taipei (Taiwan – China), Osaka and Nagoya (Japan). Viet Nam Airlines is also allowed to operate flights to the Canadian cities of Vancouver, Montreal and Toronto via points in the U.S. In addition, Viet Nam Airlines is also licensed to operate routes from destinations outside Viet Nam, via Viet Nam or other transit points to 25 destinations in the U.S. under codeshare arrangements. This license also allows it to operate charter flights between the two countries. Viet Nam Airlines is the first and only airline in Viet Nam to receive such as license from the U.S. Department of Transportation, which is an important step in … [Read more...] about VN Airlines granted license to commercial flights to U.S.
The United States is the largest market for Vietnam’s exports in the first five months of this year, generating an export revenue of US$22.6 billion, up 28% year-on-year. Some exports with the highest growth are smart phones and parts, with 109.2%; electronics, computers and parts 58.4%; and textiles and garments 9.8%. (Photo: Saigon Times) Under the impact of the U.S.-China trade war, Chinese goods are subject to high U.S. tariffs, leaving room for enterprises from other countries, including Vietnam, to penetrate the U.S. market. At present, Chinese leather products, shoes and handbags are not yet put in the group of commodities subject to a 25% U.S. tariff. However, Diep Thanh Kiet, vice chairman of the Vietnam Leather, Shoe and Handbag Association (Lefaso), said many big international footwear companies have contacted Lefaso members for a shift of U.S.-bound orders from China. Vietnam currently exports US$4 billion worth of footwear to the U.S. after China, with … [Read more...] about Potential risks for exports to U.S.
U.S. Federal Reserve Chairman Jerome Powell said Wednesday that crosscurrents such as trade tensions and concerns about global growth have been weighing on the U.S. economic activity and outlook. U.S. Federal Reserve Chairman Jerome Powell prepares to testify before the House Financial Services Committee on the state of the U.S. economy on July 10 - Source: Xinhua In his prepared remarks to lawmakers at the House Committee on Financial Services, where he testified on the Semiannual Monetary Policy Report, Powell said many participants of the Fed's Federal Open Market Committee (FOMC) "saw that the case for a somewhat more accommodative monetary policy had strengthened." Powell said Fed officials were mindful of ongoing crosscurrents from global growth and trade at the May FOMC meeting, adding that since then "these crosscurrents have re-emerged, creating greater uncertainty." "Apparent progress on trade turned to greater uncertainty, and our contacts in business and … [Read more...] about Fed”s Powell says trade tensions weigh on U.S. economy