Wednesday, August 12 2020

VietNamNews

PM promises to create optimal conditions for US enterprises

Update: December, 13/2019 - 09:00

 

Prime Minister Nguyễn Xuân Phúc (centre, first role) with delegates from the US-ASEAN Business Council in Hà Nội on Thursday. — VNA/VNS Photo Thống Nhất

HÀ NỘI — Prime Minister Nguyễn Xuân Phúc has affirmed the Vietnamese government’s determination to reform the country’s business environment and provide all possible support for foreign enterprises, including those from the US, to do business in Việt Nam.

During a reception in Hà Nội yesterday for a delegation from the US-ASEAN Business Council (USABC) led by its Chairman Keith Williams, PM Phúc said he himself and ministers have always paid attention to approving and accelerating the implementation of major US projects in Việt Nam.

Mentioning Việt Nam’s goal of achieving a balanced trade with the US, the PM suggested the USABC should play a greater role in promoting bilateral ties and the flow of US investment into Việt Nam.

He asked the USABC to continue serving as an important bridge between the two governments to strengthen the comprehensive partnership, with economic-trade ties being a foundation.

The government leader also urged US firms to continue paying attention to the Vietnamese market, directly and indirectly invest in fields of Việt Nam’s demand such as infrastructure, aviation and finance-banking.

He wished that the USABC would continue helping major US enterprises to make business trips to Việt Nam next year when Việt Nam will assume the role of ASEAN Chair, thus further bolstering the US-ASEAN trade and investment ties.

Williams expressed optimism about Việt Nam’s gross domestic product growth and exports, and hoped the USABC would partner with Việt Nam in increasing exports.

The guest said the USABC highly valued Việt Nam’s successes in foreign direct investment attraction and wanted to contribute to boosting a balanced trade between the two nations.

The USABC members said the US is ready to assist Việt Nam in fulfilling the role of ASEAN Chair next year. They expressed support for the US to intensify ties with ASEAN member states, including Việt Nam.

The USABC agreed to assist ASEAN in workforce, digital transformation and capacity improvement for ASEAN small and medium-sized enterprises, they said. — VNS

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