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Vietnam promises to create optimal conditions for US enterprises

Dec 13. 2019
Vietnam's Prime Minister Nguyen Xuan Phuc, centre, first role, with delegates from the US-Asean Business Council in Hanoii on Thursday. Photo: VNA/VNS Photo Thong Nhat
Vietnam's Prime Minister Nguyen Xuan Phuc, centre, first role, with delegates from the US-Asean Business Council in Hanoii on Thursday. Photo: VNA/VNS Photo Thong Nhat
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By Viet Nam News
Asia News Network
Hanoi

Vietnam has affirmed the government’s determination to reform the country’s business environment and provide all possible support to foreign enterprises, including those from the US, to do business in Vietnam.

During a reception in Hanoi on Friday, for a delegation from the US-Asean Business Council (USABC) led by its chairman Keith Williams, Vietnam Prime Minister Nguyen Xuan Phuc said he himself and ministers had always paid attention to approving and accelerating the implementation of major US projects in Vietnam.

Mentioning Vietnam’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 Vietnam.

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 Vietnam’s demand such as infrastructure, aviation and finance-banking.

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

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

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

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

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

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