Showing posts with label Dung vows. Show all posts
Showing posts with label Dung vows. Show all posts

Saturday, October 9, 2010

PM Dung vows to facilitate US investments

PM Dung vows to facilitate US investments

Prime Minister Nguyen Tan Dung has promised to create favourable
conditions for foreign investors, including those from the US , to
successfully do business in Vietnam .


The
government leader made the commitment while hosting a reception in Can
Tho city on Sept. 5 for a delegation from the US-ASEAN Business Council,
who is attending a Mekong Delta investment and development conference.


PM Dung noted with pleasure that economic, trade and
investment relations between Vietnam and the US are growing
fruitfully, with two-way trade exceeding 15.5 billion USD in 2009 and
expected to reach a higher level this year.


The flow
of US investment in Vietnam has been on the rise, making the US
sixth among foreign investors operating in the Southeast Asian country.


PM Dung told his guests that the Mekong Delta is a
region with dynamically economic development. It is a leading production
and processing centre for rice, aquatic products and fruits and is a
national hub of electricity and gas, he said.


The PM
applauded US-invested projects in Vietnam and the Mekong Delta in
particular, saying that they make positive contributions to the
enhancement of the bilateral relationship. “Your success is also our
success,” he stressed.


On behalf of the delegation,
President of Catepillar Asia Pte Ltd. Kevin Thieneman said US
companies are pouring more investments into Vietnam , especially in
infrastructure development, IT, power, gas, airplane engine
manufacturing, healthcare, biotechnology and banking.


Thieneman said he hoped that the Government of Vietnam would further facilitate long-term investments of US firms./.

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