Vietnam Daily News

The U.S Ex-Im Bank To Seek for Financial Aid Opportunities In Vietnam

Written by Dailynews.vn Saturday, 04 February 2012 16:16

Chair of the U.S export-import bank (Ex-Im Bank) Fred Hochberg and his delegation will visit Vietnam from February 5-8th, 2012 to present financial support programme worth $1 billion for the development of clean energy in Vietnam.

During the visit, Fred Hochberg will also share information with Vietnamese partners on the Annual Meeting of the Ex-Im Bank that will take place in April in Washington D.C.

The delegation will work one day in Ho chi minh city and 2 days in Hanoi, having meetings with government officials and trade partners in health care, transportation, trade and energy sectors.

During Hochberg's tenure, Ex-Im Bank is seeking new markets for goods and services of the US in economies which have high and increasing demand on infrastructure including Vietnam, Mexico, Brazil, India, Indonesia and South Africa.

These sectors focus on renewable energy, construction and agricultural machinery, medical technology, agriculture, and aviation.

In 2011, Ex-Im Bank had supported more than $40 billion for the operation of US exports to countries around the world.

Source: www.intellasia.net/news/articles/finance/111355388.shtml