President works with US-APEC Business Coalition in San Francisco

Nov 17th at 07:27
17-11-2023 07:27:44+07:00

President works with US-APEC Business Coalition in San Francisco

President Võ Văn Thưởng had a working session with representatives from the US-APEC Business Coalition on November 15, as part of his ongoing US trip to attend the APEC Leaders’ Week and bilateral activities in San Francisco.

President Võ Văn Thưởng receives representatives from the US-APEC Business Coalition in San Francisco, the US, on November 15. — VNA/VNS Photo Thống Nhất

The event drew Ted Osius, President & CEO of the US-ASEAN Business Council, along with representatives from dozens of major businesses of the US.

Representatives from US firms hailed the achievements and development potential of the Vietnamese economy, and showed their interest in seeking investment opportunities and expanding business in Việt Nam.

They gave recommendations on areas Việt Nam 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 realising policies regarding digital transformation and one-touch payment.

President Thưởng updated US businesses and investors on Việt Nam’s policies and orientations in economic development, highlighting that the US has been Việt Nam's important trade partner.

Việt Nam is working hard to improve its investment environment, creating more favourable conditions for foreign investors, including those from the US to effectively operate in the country, benefiting themselves and the Vietnamese people, the leader said.

He underlined that Việt Nam always listens to the voice of US businesses on their operation in Việt Nam, and held that the upgrading of the Việt Nam-US relations into a comprehensive strategic partnership is a chance for US businesses to strengthen collaboration with the Vietnamese peers, especially in the fields of the US’ strength.

Việt Nam encourages programmes 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 US enterprises, stated the President.

He said that his entourage to San Francisco includes leaders of some Vietnamese localities with great potential and advantages, suggesting US firms explore investment opportunities in these localities.

Thưởng said he hopes US firms will contribute their voices to persuade the US administration to soon recognise Việt Nam’s market economic mechanism and remove it from the list of semiconductor support restrictions to create favourable conditions for cooperation programmes and projects between the two sides. 

Bizhub





RELATED STOCK CODE (1)

NEWS SAME CATEGORY

Policies a launching pad for circular economy: Deputy PM

Specific policies will serve as a launching pad for enterprises and industrial parks to promote circular business practices in the most effective way, Deputy Prime...

President calls for business support at APEC CEO Summit 2023

President Võ Văn Thưởng called on the business community to continue accompanying APEC member states in fulfilling commitments to sustainable development and...

Improving capacity to prevent and handle violations in Vietnamese e-commerce

Many synchronous solutions are needed to prevent and handle violations in Vietnamese e-commerce, according to the general director of Việt Nam Directorate of Market...

Symposium explores potential of Việt Nam - Germany innovation cooperation

The Consulate General of Việt Nam in Frankfurt, Germany and the Việt Nam-Germany Innovation Network (VGInetwork) held a symposium looking into the prospects of...

Mekong Connect Forum opens in HCM City

An exhibition on Việt Nam's green economy and sustainable development opened in HCM City as part of the 2023 Mekong Connect Forum.

Việt Nam urged to redefine competitive advantages to attract UK investment

Việt Nam needed to redefine its competitive advantages in the new period to be ready to receive foreign direct investment flows from the United Kingdom (UK)...

Việt Nam to implement set of statistical targets for green growth nationwide

The Ministry of Planning and Investment (MPI) has recently issued a circular on the set of statistical targets for green growth.

2024 GDP target of 6-6.5 per cent feasible: experts

Việt Nam's Gross Domestic Product (GDP) target of 6-6.5 per cent in 2024 is feasible, but the Government needs to make efforts to take comprehensive, drastic...

​Vietnam needs reform to retain FDI firms: economist

Vietnam should boost administrative reforms and issue more effective policies to attract and retain foreign direct investment (FDI) enterprises amid news reports...

Hà Nội promotes investment, trade in Việt Nam - China economic corridor

Hà Nội will have more policies to promote investment and trade cooperation between four Vietnamese localities: Lào Cai, Hà Nội, Hải Phòng, and Quảng Ninh, and...


MOST READ


Back To Top