US Ex-Im Bank officials have concluded their visit to Vietnam where they were exploring new opportunities in the country’s rapidly expanding economy.
The bank’s president James Lambright and senior vice-president for finance export John McAdams met with Vietnam’s prime minister Nguyen Tan Dung, governor of the state bank of Vietnam. Nguyen Van Giau, and deputy minister of industry and trade Bui Xuan Khu.
Both Lambright and McAdams were investigating how they can support US exports into Vietnam’s aviation, infrastructure, and energy sector.
The bank has already had some success in the aviation industry having underwritten loans by the national carrier Vietnam Airlines to buy four Boeing aircraft in 2003 and 2004.
Speaking at a meeting with the Vietnamese prime minister in Hanoi, Lambright asserts: “Vietnam is an attractive market for US exporters, and Ex-Im Bank is prepared to facilitate those sales.”
During their six-day visit, Lambright and McAdams also met with other government officials, leaders of state-owned firms, banks and private sector companies. In particular, in Ho Chi Minh City they discussed the city’s urban planning scheme with the city’s people’s committee chairman Le Hoang Quan, where Lambright outlined his hopes that that city would use US services, contractors and technologies to implement these plans.