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Prime Minister welcomes US businesses

Prime Minister welcomes US businesses

Thursday 27, 08 2020
Viet Nam News HÀ NỘI – Prime Minister Nguyễn Xuân Phúc expressed hope US companies operating in Việt Nam would reap more success.

Viet Nam News

HÀ NỘI – Prime Minister Nguyễn Xuân Phúc expressed hope US companies operating in Việt Nam would reap more success.

He also pledged the best-possible conditions for foreign investors, including those from the United States.

At a reception for a delegation of US investors led by William Weidner, chairman and CEO of Global Gaming Asset Management and principal of Weidner Holdings, in Hà Nội on Wednesday, the Prime Minister hailed the performance of US businesses in Việt Nam and their contributions to promoting the relationship between the two countries.

The Prime Minister said the Việt Nam National Assembly was considering the approval of the Trans-Pacific Partnership (TPP) agreement, which was expected to boost collaboration between businesses of the two nations.

Expressing delight at the fruitful development of bilateral ties in various areas, the host said the Vietnamese people were delighted to welcome US President Barack Obama to the country.

For his part, Weidner stressed the support of senators for US enterprises to operate in Việt Nam.

Highlighting the great opportunities afforded by the TPP deal, Weidner said US businesses wanted Việt Nam to become the world’s investment attraction gateway.

At a meeting with Chairman of the HCM City People’s Committee Nguyễn Thanh Phong yesterday, several US groups delivered their intention to develop a large-scale project in the Thủ Thiêm new urban area in HCM City. They said the project targets to support the city’s urban development and facilitate the growth of trade and financial services in Việt Nam.

During the talk, the US investors also proposed recommendations on investments.

Weidner said that after the Trans-Pacific Partnership (TPP) agreement was signed, many US enterprises wanted to seek investment and co-operation opportunities in the city.

All businesses that want to invest in the project in Thủ Thiêm have strong economic capacity and rich experience in building leisure centres all over the world, he stated.

According to him, the implementation of the project will help attract more direct investments from the world’s leading financial groups, thus contributing to making HCM City a financial centre of the region.

For his part, Phong said that the city is doing its utmost to create a favourable environment for foreign investors.

Regarding the Thủ Thiêm project, he assigned the municipal Departments of Planning and Investment and Architectural Planning, and the Thủ Thiêm new urban area construction and investment management board to work with the US partners on specific contents. — VNS

Financial News

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