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An overview of Deputy Prime Minister Vuong Dinh Hue and leaders of the
US-ASEAN Business Council (USABC) (Photo: VNA)
Addressing a talk held by the American Enterprise Institute (AEI) on June 26,
the Deputy PM said that Vietnam and the US have shared interests in a peaceful,
stable and prosperous environment in the region where maritime and aviation
freedom, security and safety are respected.
This is an important condition for regional cooperation and development, he
stressed.
Scholars from the AEI lauded the vision and external, economic and integration
policies of Vietnam, while expressing hope that the Vietnam-US comprehensive
partnership will continue to be fostered amidst a changing world.
They also showed their desire to expand ties with Vietnamese officials, scholars
and researchers.
At a business seminar held by the US-Asia Institute and VinaCapital in
Washington D.C. the same day, Deputy PM Hue noted that the Vietnamese economy
grew 7.38 percent in the first quarter of 2018, a 10-year high.
He affirmed Vietnam’s commitment to create a business environment meeting
standards of the Organisation for Economic Cooperation and Development (OECD),
and answered questions on cooperation and business opportunities in Vietnam.
The US enterprises praised the Vietnamese Government’s commitments, lauding the
country’s policies to lure investment in infrastructure, energy,
pharmaceuticals, e-commerce, service, State-owned enterprises’ restructuring and
startups.
On June 27, Deputy PM Hue met with leaders of the US-ASEAN Business Council (USABC),
during which he highlighted that leaders of the US’s Congress, National Security
Agency, Departments of States, Finance, Commerce and Agriculture all affirmed
that the US is keen on boosting relations with Vietnam, especially in economy,
trade and investment.
This is an assurance for businesses of both sides in the long-term, he added.
The Deputy PM reiterated that the Vietnamese Government is willing to listen to
enterprises to improve the country’s business environment and ensure fair
conditions for businesses.
He also answered questions from US firms on various fields, especially the
newly-adopted Law on Cyber Security, the payment activities of banks,
regulations on automobile import and granting licences in agricultural areas.
Vietnam always abides by international rules, while giving optimal conditions
for businesses as long as they ensure consumers’ interests and Vietnam’s
national security, stated the Deputy PM.
The same day, he met with some US leading firms investing in Vietnam, including
Nike, Coca-Cola, Visa, Exxon Mobil, Murphy Oil and AES.
The US firms thanked Vietnam for supporting them over the years, highlighting
that Vietnam is a dynamic market with high potential. They expressed their
wishes to expand their activities in Vietnam.
Source: VNA
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