Vietnam and the US signed a Memorandum of Understanding (MoU) on technical cooperation between the Ministry of Agriculture and Rural Development (MARD) and the US Grains Council (USGC) in Washington on September 22.
Washington (VNA) – Vietnam and the US signed a Memorandum of Understanding (MoU) on technical cooperation between the Ministry of Agriculture and RuralDevelopment (MARD) and the US Grains Council (USGC) in Washington on September 22.
MARD Deputy Minister Le Quoc Doanh and President and CEO of USGC Ryan LeGrandwitnessed the signing.
Addressing the event, Deputy Minister Doanh affirmed that Vietnam is one of thefastest growing animal feed markets in the world and a major importer of cornand grains.
Vietnam has grown from 16th place to third in the world in terms of cornimports in less than a decade. The country is also a potential customer ofethanol fuel, which is expected to widely use E5 bio-fuel and switch to E10 inthe near future, according to Doanh.
According to Nguyen Do Anh Tuan, director of the International CooperationDepartment of the MARD, Vietnam and the US have a lot of potential and room fortrade cooperation, especially in agricultural products.
Farm produce of the two countries are complementary to each other, he said,adding the two sides could enhance cooperation in science-technology andtechnology transfer between research units, enterprises towards promoting a green,sustainable and low-emission agriculture.
Ryan LeGrand said the US and Vietnam have developed a plan towards a harmoniousand sustainable trade balance with many specific solutions in the field of agriculture.
According to LeGrand, the item that helps to balance bilateral trade is ethanolfuel because Vietnam is a potential customer.
Under the MoU, the MARD and USGC will establish a technical cooperativerelationship in the field of agriculture and animal feed, production and use ofbiofuels in Vietnam as well as enhance mutual understanding on relevantpolicies and regulations in accordance with Vietnam’s laws, regulations, policiesand development goals.
USCG will help improve the capacity of Vietnamese managers, importers, and feedprocessing businesses in accessing new technologies, commercial forms andskills serving their production management.
It will also provide medical equipment such as COVID-19 test kits and COVID-19treatment drugs for Vietnamese livestock enterprises./.
The T&T Group on September 21 signed several MoUs and contracts with US partners within the framework of President Nguyen Xuan Phuc’s working trip to the US.
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At the signing ceremony (Photo: VNA) 
