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American businesses continue to expand investment in Vietnam

On March 21.3, Prime Minister Pham Minh Chinh received a business delegation from the US-ASEAN Business Council (USABC) led by Mr. Ted Osius, President and General Director of USABC.

According to the Prime Minister, American businesses have contributed to the process of healing post-war wounds and promoting economic, trade, and investment cooperation in particular and relations between the two countries in general.

The Prime Minister welcomed Mr. Ted Osius, President and General Director of USABC photo: NHAT BAC

The Prime Minister welcomed Mr. Ted Osius, President and General Director of USABC

JAPANESE CAPC

To support and accompany American businesses, the Vietnamese Government commits to "3 guarantees" and "3 together".

Accordingly, ensuring that the foreign-invested economic sector is always an important component of the Vietnamese economy; respect, encourage, and be ready to create favorable conditions for this region to develop long-term, cooperate, and compete healthily and equally with other economic regions. Ensuring the legitimate and legal rights and interests of investors in the spirit of "harmonious benefits, shared risks". At the same time, ensuring political stability, social order and safety, and policy stability so that investors can feel secure in doing business and operating long-term in Vietnam...

"Three together" includes: listening and understanding together with businesses and people; sharing vision and actions for economic development, contributing to developing relations between the two countries to new heights; work together, enjoy together, win together and develop together.

Informing the Prime Minister, Mr. Ted Osius and representatives of American businesses highly appreciated the increasingly improved investment environment in Vietnam and expressed their thanks for the support and companionship of the Vietnamese Government. American businesses strongly commit to continue investing in Vietnam in the fields of science - technology, electronics, aviation, electric cars, logistics, energy, healthcare, finance, e-commerce, food, tourism... Pepsi Group will invest in 2 new modern factories, using renewable energy, including a food factory in Ha Nam (worth 90 million USD) and a beverage factory in Ha Nam. Long An (more than 300 million USD).

In response, the Prime Minister asked USABC businesses to have a strong voice with the US government to promote early recognition of Vietnam's market economy status and soon remove Vietnam from the list of countries with restrictions on industrial exports. American high technology.

The Prime Minister also proposed that American businesses continue to expand the scale, scope, and objects of investment in Vietnam; Transfer technology to Vietnam, especially high technology to serve emerging industries such as digital economy, circular economy...

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