President Nguyen Minh Triet’s visit praised

President Nguyen Minh Triet’s historic U.S. visit is being lauded as a triumph, with the red carpet rolled out for American businesses to enter Vietnam.

President Triet said he had an open and direct exchange of views with President Bush, especially on religion and human rights. “And our approach is that we would increase our dialog in order to have a better understanding of each other. And we are also determined not to let those differences afflict our overall, larger interest,” he said.

President Triet witnessed the signing of many commercial agreements between Vietnamese companies and US and international partners. Notably memorandum of understandings worth more than US$ 1.5 billion between Agribank and Wachovia bank (US$ 700 million), Standard Chartered bank (US$ 500 million), and RZB (US$ 350 million). Contracts worth US$ 341 million were also inked between Vietnamese garment and textile companies and ITG (International Textile Group), WB Ross and Paceman on June 19 and more than US$ 5 billion in contracts between Chevron and EVN and PetroVietnam, Microsoft and Agribank, FPT and CMC, Motorola and VNPT, and SSA Marine and Vinalines on June 21.

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