The MoUs include one on vitality technology transfer signed by Vietnam’s train-oil firm PetroVietnam and Kellogg Brown & Root, LNG cooperation between PetroVietnam’s unit PTSC and Excelerate Energy, and AI and data centre fashion between Sovico Neighborhood and Supermicro
Reuters
24 September, 2024, 02:10 pm
Closing modified: 24 September, 2024, 02:15 pm
Vietnamese and US firms occupy signed memorandums of working out (MoUs) to cooperate in vitality, synthetic intelligence and a data centre, the Vietnamese authorities talked about on Tuesday.
The MoUs were signed at a enterprise forum in the USA, the authorities talked about in an announcement.
The MoUs include one on vitality technology transfer signed by Vietnam’s train-oil firm PetroVietnam and Kellogg Brown & Root, LNG cooperation between PetroVietnam’s unit PTSC and Excelerate Energy, and AI and data centre fashion between Sovico Neighborhood and Supermicro.
Lam talked about the 2 countries had hundreds of room to cooperate and Vietnam hoped the US will become its biggest source of foreign investment.
Lam talked about he expected the US authorities to soon recognise Vietnam as a market economy, in step with the commentary.
The US Commerce Department talked about final month it would continue to classify Vietnam as a non-market economy. If Vietnam applies again, it is going to rob US regulators months to return to a name.
Vietnam has long sought an upgrade, which would lower punitive anti-dumping duties levied on non-market economies identified as having a heavy train influence.
