PM chairs round-table debate with top U.S. corporations

VGP – Viet Nam attaches importance and gives priority to promoting the Comprehensive Partnership relations with the U.S., expecting to attract more investment from the U.S. in such areas as energy, infrastructure, education-training and finance-banking.

May 31, 2017 9:20 AM GMT+7

Photo: VGP/Quang Hieu

PM Nguyen Xuan Phuc made that statement at the round-table debate on Viet Nam-U.S. cooperation and investment on May 30 in New York City, the U.S.

The PM considered the event as an opportunity for exchanging orientations and opportunities between the two nations, especially in fields of finance, a potential sector in Viet Nam.

Viet Nam has been renewing, completing the institutions and law, upgrading the business environment and expressing its determination for further integration, affirmed the PM, adding that in the future, the nation continues establishing a Government of determination, creation, action and serving the people and businesses, focusing on reforming the institution, renewing the growth model, and enhancing the capacity and competitiveness of the economy.

The U.S. was the third largest trade partner of Viet Nam in 2016 with the two-way trade value of US$50 billion. The U.S. investors poured US$10.2 billion in 835 projects in Viet Nam.

The PM suggested U.S. investors to accelerate investment in other sectors in Viet Nam such as finance, the stock market, transport, infrastructure, food, communications, agriculture, services and tourism.

At the debate, U.S. large corporations hailed Viet Nam’s investment and business environment, considering investment opportunities in production and service sectors in Viet Nam thanks to cheap labor.

The PM directed leaders of ministries and agencies to address issues raised by investors and facilitate U.S. investors to pour more investment in Viet Nam.

By Thuy Dung