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President Vo Van Thuong has a working session with representatives from the U.S. - APEC Business Coalition. |
The event drew Ted Osius, President & CEO of the U.S. - ASEAN Business Council, along with representatives from dozens of major businesses of the U.S.
Representatives from U.S. firms hailed the achievements and development potential of the Vietnamese economy, and showed their interest to seeking investment opportunities and expanding business in Vietnam.
They gave recommends on areas Vietnam needs to improve to lure more foreign investors, including strengthening investment in the airport system and hard and digital infrastructure system, speeding up the application of electronic customs clearance, and exerting more efforts in realizing policies regarding digital transformation and one-touch payment.
President Thuong updated U.S. businesses and investors on Vietnam’s policies and orientations in economic development, highlighting that the U.S. has been Vietnam's important trade partner.
Vietnam is working hard to improve its investment environment, creating more favorable conditions for foreign investors, including those from the U.S. to effectively operate in the country, benefiting themselves and the Vietnamese people, the leader said.
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An overview of the working session |
He underlined that Vietnam always listens to the voice of U.S. businesses on their operation in Vietnam, and held that the upgrading of the Vietnam - U.S. relations into a comprehensive strategic partnership is a chance for U.S. businesses to strengthen collaboration with the Vietnamese peers, especially in the fields of the U.S.’s strength.
Vietnam encourages programs and projects to care for women and children as well as people in far-flung areas, and stands ready to listen to new ideas and policy recommendations from U.S. enterprises, stated the President.
He said that his entourage to San Francisco includes leaders of some Vietnamese localities with great potential and advantages, suggesting U.S. firms explore investment opportunities in these localities.
Thuong said he hopes U.S. firms will contribute their voices to persuade the U.S. administration to soon recognize Vietnam’s market economic mechanism and remove it from the list of semiconductor support restriction to create favorable conditions for cooperation programs and projects between the two sides.
Source: VNA