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VietNamNews

US investors told they're welcome

Update: July, 17/2012 - 09:58

HA NOI — The Vietnamese Government and National Assembly always welcomed and created favourable conditions for foreign investors, including those from the US, to do business in the country.

NA Vice Chairwoman Nguyen Thi Kim Ngan made the affirmation in Ha Noi yesterday while receiving a delegation of US investors led by Robert L. Livingston, chairman and CEO of Washington-based Livingston Group LLC.

At the reception, Ngan said that the US was a major export market of Viet Nam and now one of the largest investors in the country.

The Vietnamese assembly had adopted a number of laws, including the Law on Foreign Investment, to encourage and create a favourable investment environment for foreign businesses, she added.

Livingston, who was the 106th Speaker of the US House of Representatives, spoke highly of Viet Nam's policy and determination to continue renewal and promote international integration, as well as the country's efforts to stabilise the macro economy and curb inflation.

He suggested that to become a regional financial centre, Viet Nam should build synchronous and favourable investment policies to lure foreign investors. — VNS

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