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3/19/2020

United States and Socialist Republic of Viet Nam Sign Cooperation Framework to Strengthen Infrastructure Finance | U.S. Department of…

United States and Socialist Republic of Viet Nam Sign
Cooperation Framework to Strengthen Infrastructure Finance
November 7, 2019

WASHINGTON – U.S. Treasury Acting Assistant Secretary Mitchell Silk and Vice Minister of
Finance Tran Xuan Ha of the Socialist Republic of Viet Nam signed the Cooperation Framework
to Strengthen Infrastructure Finance on Wednesday, November 6, 2019 in Hanoi.
This cooperative initiative is designed to achieve the mutual goals of the United States and the
Socialist Republic of Viet Nam to support infrastructure development through market-oriented,
private sector investment.
Under this cooperative framework, the United States and the Socialist Republic of Viet Nam will
address regulatory, market, and legal barriers to private sector investment by focusing on the
development of financial instruments, project finance, the local debt market, capital markets
and analysis of contingent government liabilities.

https://home.treasury.gov/news/press-releases/sm829

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3/19/2020

United States and Socialist Republic of Viet Nam Sign Cooperation Framework to Strengthen Infrastructure Finance | U.S. Department of…

“This important work supports economic growth and our shared goals to meet infrastructure
needs through market-oriented, private sector investment,” said U.S. Treasury Acting Assistant
Secretary Mitchell Silk.
The engagement supports the broader U.S. Government Indo-Pacific Strategy by
complementing ongoing e orts under the Enhancing Development and Growth through Energy
(Asia EDGE) and the Infrastructure Transaction and Assistance Network (ITAN).
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https://home.treasury.gov/news/press-releases/sm829

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