President of US Ex-Im Bank to visit Vietnam

February 02, 2012 | 10:43

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Fred Hochberg, President of the Export-Import Bank (Ex-Im Bank) of the United States and other high-ranking leaders of the bank will pay a visit to Vietnam from February 5-8.

Fred Hochberg, President of the Export-Import Bank
(Ex-Im Bank) of the United States (left)

The three-day visit aims to seek opportunities for financial support for US high-quality goods and services in Vietnam.

Accordingly, the delegation of the US finance organization will meet with Vietnam’s trade partners and Government officials to introduce financial support programmes from Ex-Im Bank.

In its strategy, Ex-Im Bank is seeking new markets apart from Vietnam such as Mexico, Brazil, India, Indonesia and South Africa.

The bank is focused on regenerated energy, construction, agricultural machinery, medical technology, and aviation.

In 2011, Ex-Im Bank provided over $40 billion in financial support for US exports to other countries over the world.

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