Henig: Vietnam to sign U.S. deals as trade, energy officials meet, document shows
By Reuters March 10, 20252:55 AM PDT
HANOI, March 10 (Reuters) – Vietnam expects to sign pacts with the United States this week after its trade minister meets U.S. trade and energy officials, according to a government document reviewed by Reuters.
The step comes after weeks of conciliatory messages Vietnam has sent Washington in an effort to avert tariffs by the Trump administration the Southeast Asian nation may face because of its large trade surplus with the United States.
The March 5 document from the trade ministry features the schedule of Trade Minister Nguyen Hong Dien’s trip to the United States this week.
It also listed energy companies and government departments, from customs to tax, asked to send accompanying representatives.
Last week the government said on its portal Dien, who is also in charge of energy and industry policy, would travel to the United States on Thursday to meet U.S. Trade Representative Jamieson Greer.
But it gave no details of possible deals or topics to be discussed.
Officials have publicly indicated Vietnam’s intention to buy U.S. liquefied natural gas for its fledgling industry and to possibly revise duties on several imports, from ethanol and LNG to agriculture products.
Trading firm PetroVietnam Gas (GAS.HM), opens new tab, power generator PetroVietnam Power (POW.HM), opens new tab and power distributor EVN are among the state-controlled gas and energy companies asked to send delegates on Dien’s U.S. trip, the ministry document shows.
The event is part of regular meetings between U.S. and Vietnamese trade officials under the Trade and Investment Framework Agreement signed in 2007.
Dien is set to first meet Greer on Thursday, before working with officials of the U.S. energy department and witnessing the signing of “a number of agreements” the following day, the document showed.
Then he will meet officials of the commerce department and industry groups with “interests in Vietnam”, it added, but did not say if the meetings were listed according to times in the United States or Vietnam, which could affect the days.
Reporting by Emily Chow, Francesco Guarascio and Khanh Vu; Editing by Clarence Fernandez Link
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Clare: World Bank confirms its continued support for Iraq to achieve its development goals
3/11/2025
Finance Minister Taif Sami stressed the importance of the ongoing partnership with the World Bank, and Iraq’s aspiration to benefit from the technical and financial support provided by the bank in implementing strategic projects to stimulate economic growth and provide job opportunities, especially in areas including infrastructure and human development. This came during her reception of the World Bank Representative to Iraq, Jean-Christophe Carret, and his accompanying delegation.
The meeting discussed ways to enhance economic and financial cooperation between Iraq and the World Bank. It reviewed a number of key topics related to enhancing financial stability in Iraq, in addition to discussing development projects that the two parties seek to implement with the aim of achieving sustainable development.
For his part, the World Bank representative expressed the bank’s commitment to continue supporting Iraq in achieving its development goals, noting that the World Bank pays great attention to enhancing Iraq’s ability to face economic and development challenges, with a focus on sustainable development and achieving comprehensiveness in the benefits achieved. LINK
Courtesy of Dinar Guru: https://www.dinarguru.com/
Militia Man All the money that’s going to come in is going to help the budget which is going to help support the value of the currency in the long run. Everything that’s going to go through that country is going to be around in a Real Effective Exchange Rate. It isn’t going to be 1310 or they’d have done it a long time ago. There would have been no reason to just say, ‘we’re going to go like we are and this is the way we’re going to go onto the Forex.’ But have they done that yet? Sure not.
Mnt Goat Article: “INFLATION’S FREEFALL: IRAQ HITS 2.8%, ECONOMIC HOPES SOAR”. If you look at the Dr Shabibi plan to get to the reinstatement you can clearly see…he planned to put the brakes on after each step, then monitor closely for inflation… Folks the process is working…
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Over 40% LMBA Silver Leaves London | Andy Schectman
Liberty and Finance: 3-10-2025
Join us for a live Q&A with Miles Franklin CEO & President, Andy Schectman, as he analyzes the latest figures from the London Bullion Market Association.
The LBMA’s new report reveals a massive 128.5 million ounces of silver were pulled from London vaults over the past three months, ending February 2025.
This equates to nearly 42% of silver not held by ETFs being removed from storage.
Andy will share his perspective on how this significant withdrawal could impact the market’s future, pricing, and overall silver dynamics.
Don’t miss the chance to hear expert insights and ask your own questions about this pivotal silver market development.
https://www.youtube-nocookie.com/embed/wsVnMv7rl38?feature=oembed&enablejsapi=1
