Hanoi, May 29 -- Prime Minister Pham Minh Chinh on May 29 welcomed US LNG company Excelerate Energy (EE)'s efforts to strengthen cooperation with Vietnamese partners, stressing that such engagement holds both political and economic significance, contributing to boosting a balanced and sustainable trade ties between the two countries. Receiving Excelerate Energy President and CEO Steven Kobos in Hanoi, PM Chinh lauded the signing of a memorandum of understanding (MoU) between the US firm and PV Gas, a unit of state-run Petrovietnam, urging the two sides to work closely together to ensure practical and effective cooperation.

He agreed with Excelerate Energy's proposal to position Vietnam as a regional LNG distribution hub, while encouragin...