PM promises optimal conditions for US firms

Friday, Mar 15, 2019 10:23

Prime Minister Nguyen Xuan Phuc (R) shakes hands with a representative from the US business delegation. — VNA/VNS Photo

The Vietnamese Government will create optimal conditions for US enterprises to invest successfully in Viet Nam and is willing to listen to their recommendations to improve the local business environment, said Prime Minister Nguyen Xuan Phuc.

While receiving a delegation from the US-ASEAN Business Council (USABC), led by its President and CEO Alexander Feldman, in Ha Noi on March 14, PM expressed his belief that the delegation’s visit will contribute to promoting economic, trade, and investment relations between Viet Nam and the US.

He recalled his meeting with US President Donald Trump in Ha Noi on the occasion of the second DPRK-US summit in Hanoi in February, during which the two sides agreed on a number of measures to enhance bilateral relations across all fields.

Feldman congratulated Vietnam on the successful organisation of the second DPRK-US summit and said he is proud of the USABC’s contributions to economic development in Viet Nam through the implementation of investment projects in the Southeast Asian country.

Prime Minister Nguyen Xuan Phuc welcomes a delegation from the US-ASEAN Business Council (USABC) in Ha Noi on March 14. — VNA/VNS Photo Thong Nhat

The USABC arranged three business delegations to Viet Nam this week to explore investment cooperation opportunities in the country, especially as Viet Nam has joined the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), he said.

The USABC also looks forward to new cooperation opportunities when Viet Nam takes on its role as Chair of ASEAN in 2020, he added.

PM Phuc said Vietnam hopes US businesses will continue making strong investments in Viet Nam in the coming time.

He also eased some concerns raised by US enterprises regarding specific fields.

The PM said this is now a favourable time for the bilateral relations, and as such US enterprises should seize this opportunity to promote investment in Viet Nam and help the country partake in the global value chain. — VNS

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