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US investment funds appreciate potential of Vietnam

Prime Minister Pham Minh Chinh, who is in the US for the high-level week of the UN General Assembly’s 78th session, had a seminar and a working dinner with leaders of multinational businesses and leading US investment funds in New York on September 21 (local time).
US investment funds appreciate potential of Vietnam ảnh 1Prime Minister Pham Minh Chinh has a seminar and a working dinner with leaders of multinational businesses and leading US investment funds in New York on September 21 (local time) (Photo: VNA)
Hanoi (VNA) – Prime Minister Pham Minh Chinh,who is in the US for the high-level week of the UN General Assembly’s 78thsession, had a seminar and a working dinner with leaders of multinationalbusinesses and leading US investment funds in New York on September 21 (localtime).

At the seminar, leaders of businesses and investment funds aswell as Vietnamese State management agencies discussed measures andorientations to attract more financial resources for socio-economic development,especially the building and development of financial centres in Vietnam.

Leaders of US investment funds held that amid fluctuations in the worldgeo-political and economic situation, Vietnam has been evaluated byinternational organisations as a bright spot in investment attraction with manyfavourable factors for the development of a modern financial market towards theformation of a financial centre capable of linking with financial centres in theregion and around the world.

They pointed to Vietnam’s advantages in stable macro-economy and politicalsituation, favourable location, improved investment and business environment, extensive international economic integration, fast digital economic developmentand innovation, and expanding economic scale and financial market.

They advised Vietnam to learn from international experience while choosing the modeland method of building its financial centre which is compatible withinternational practices and suits the country’s real conditions.

Addressing the event, PM Chinh said that the elevation of the Vietnam-USrelations to a comprehensive strategic partnership during US President JoeBiden’s visit to Vietnam has opened up new trade and investment opportunitiesbetween the two countries.

US investment funds appreciate potential of Vietnam ảnh 2Prime Minister Pham Minh Chinh addresses the working dinner with leaders of multinational businesses and leading US investment funds in New York on September 21 (local time) (Photo: VNA)
He said that in the time to come, Vietnam will focus onpromoting green, digital and circular economy and science-technology andinnovation development to engage more deeply into the global investmentstructure, trade order and supply chain, while continuing to open its market, attractinghigh-quality foreign investment, supporting businesses in science-technology development,strengthening investment in infrastructure system, and focusing on high-qualityhuman resources training.

The process requires the companion and resources sharing from internationalfriends, multinational businesses and leading investment funds in the world andthe US in particular, he stated.

The Vietnamese Government leader asked for experiencesharing and political consultations from global firms and investment funds inmobilising financial resources and building of the financial centre in Ho ChiMinh City, as well as in developing other markets such as land-use rights,science and labour markets.

Vietnam hopes to receive their suggestions to enhance thegovernance capacity for Vietnamese public and private sectors, heading to ahigh level of transparency, efficiency and sustainable development, he added.

He pledged that Vietnam will continue to improve itsbusiness environment, ensuring the legal and legitimate rights and interests ofinvestors, and creating optimal conditions for investors to operate effectivelyand sustainably in the country./.
VNA

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