Prime Minister welcomes US businesses

Thursday, May 05, 2016 09:00

Prime Minister Nguyen Xuan Phuc and chairman and CEO of Global Gaming Asset Management and principal of Weidner Holdings William Weidner. — Photo VNA/VNS
HA NOI (Biz Hub) — Prime Minister Nguyen Xuan Phuc expressed hope US companies operating in Viet Nam would reap more success.

He also pledged the best-possible conditions for foreign investors, including those from the United States.

At a reception for a delegation of US investors led by William Weidner, chairman and CEO of Global Gaming Asset Management and principal of Weidner Holdings, in Ha Noi on Wednesday, the Prime Minister hailed the performance of US businesses in Viet Nam and their contributions to promoting the relationship between the two countries.

The Prime Minister said the Viet Nam National Assembly was considering the approval of the Trans-Pacific Partnership (TPP) agreement, which was expected to boost collaboration between businesses of the two nations.

Expressing delight at the fruitful development of bilateral ties in various areas, the host said the Vietnamese people were delighted to welcome US President Barack Obama to the country.

For his part, Weidner stressed the support of senators for US enterprises to operate in Viet Nam.

Highlighting the great opportunities afforded by the TPP deal, Weidner said US businesses wanted Viet Nam to become the world's investment attraction gateway.

At a meeting with Chairman of the HCM City People's Committee Nguyen Thanh Phong yesterday, several US groups delivered their intention to develop a large-scale project in the Thu Thiem new urban area in HCM City. They said the project targets to support the city's urban development and facilitate the growth of trade and financial services in Viet Nam.

During the talk, the US investors also proposed recommendations on investments.

Weidner said that after the Trans-Pacific Partnership (TPP) agreement was signed, many US enterprises wanted to seek investment and co-operation opportunities in the city.

All businesses that want to invest in the project in Thu Thiem have strong economic capacity and rich experience in building leisure centres all over the world, he stated.

According to him, the implementation of the project will help attract more direct investments from the world's leading financial groups, thus contributing to making HCM City a financial centre of the region.

For his part, Phong said that the city is doing its utmost to create a favourable environment for foreign investors.

Regarding the Thu Thiem project, he assigned the municipal Departments of Planning and Investment and Architectural Planning, and the Thu Thiem new urban area construction and investment management board to work with the US partners on specific contents. — VNS

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