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Việt Nam expands trade, investment with US: PM

Update: March, 29/2018 - 10:17
Prime Minister Nguyễn Xuân Phúc speaks at a meeting with a delegation of the US – ASEAN Business Council (USABC) in Hà Nội yesterday. — VNA/VNS Photo Thống Nhất

HÀ NỘI — The Vietnamese Government attaches special importance to extending trade and investment ties with the US, particularly exchanges and partnerships between the two countries’ businesses, Prime Minister Nguyễn Xuân Phúc affirmed. 

Welcoming a delegation of the US – ASEAN Business Council (USABC) led by its President Alexander Feldman in Hà Nội yesterday, the PM said the government advocates building policies in service of businesses. Policy makers prioritise transparent and open consultation with the business community, including foreign-invested enterprises, in order to refine policies and improve enforcement. 

The Vietnamese Government is determined to restructure its economy in combination with renewing the growth model, facilitating start-ups and renovation, grasping opportunities arising from the fourth industrial revolution and stepping up administrative reform to create a favourable business environment, he said. 

In order to achieve such goals, he said Viet Nam needs the support of enterprises, including those from the US.

The delegates wished that the Vietnamese Government would clear obstacles facing US projects in Việt Nam in the fields of renewable energy, machinery engineering, electricity, beverages, information technology and cyber security. — VNS



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