General Secretary To Lam and Prime Minister Pham Minh Chinh today received Mr. Jeffrey Perlman, CEO of Warburg Pincus Fund and Co-Chairman of the US-ASEAN Business Council.
The General Secretary affirmed that the US is one of Vietnam's leading important strategic partners, and the Vietnam-US Comprehensive Strategic Partnership has had positive and substantive developments.
The General Secretary congratulated and appreciated the success of the fund's investment projects in Vietnam, contributing to Vietnam's development as well as expanding economic , investment and trade cooperation between the two countries.
The Vietnamese Party and State pay great attention to and create favorable conditions for foreign enterprises to invest, including American enterprises, to do business effectively and sustainably in accordance with the provisions of law.
The General Secretary suggested that the fund maintain and increase investment in ongoing projects, while expanding into areas where US businesses have strengths and Vietnam has demand, such as high technology, new energy, and digital infrastructure.
The General Secretary thanked the US fund and businesses for accompanying and supporting Vietnam in handling the tariff issue between the two countries. The General Secretary said that Vietnam and the US are two complementary economies.
The General Secretary said that Deputy Prime Minister Ho Duc Phoc's recent visit to the US as the General Secretary's Special Envoy had achieved initial positive results for the two sides to negotiate a bilateral trade agreement.
The General Secretary asked Mr. Jeff Perlman and US businesses investing and doing business in Vietnam to continue to support and have a voice so that bilateral negotiations can soon achieve results, contributing to promoting economic, trade and investment cooperation to develop stably and sustainably.
Mr. Jeffrey Perlman thanked the leaders of the Party and State of Vietnam for always paying attention, listening and creating favorable conditions for the fund and American enterprises to invest and do business in Vietnam.
The General Director of Warburg Pincus Fund emphasized that with the good results of more than a decade of doing business in Vietnam, the fund wishes to continue investing long-term, bringing positive changes in Vietnam.
Mr. Jeffrey Perlman believes that the success of the fund's projects in Vietnam, including the Ho Tram project in Ba Ria - Vung Tau and the Metropole hotel project in Hanoi, will be symbols of success in cooperation, thereby attracting more potential investors.
He affirmed that he and the fund's leaders will continue to support and advise Vietnamese ministries and sectors on tariff solutions that benefit the people and businesses of the two countries, for the stable, sustainable and effective development of Vietnam-US relations.
Vietnam has basically addressed US concerns.
Prime Minister Pham Minh Chinh acknowledged the efforts and determination of the Warburg Pincus Fund in expanding investment in Ba Ria-Vung Tau and Vietnam, and highly appreciated the investment proposal to build a highway connecting Long Thanh International Airport with Ho Tram.
The Prime Minister asked Warburg Pincus to continue to closely coordinate with ministries and sectors to soon implement the project, because this expressway is important in enhancing regional connectivity, promoting the development of high-quality tourism and ancillary service industries...
The Prime Minister stated that the Vietnam-US relationship has many predestined relationships, different from relationships with other countries. Vietnam and the US are models in turning enemies into friends, putting aside the past, overcoming differences, promoting similarities, and looking toward the future.
Assessing that the US's decision to postpone the reciprocal tax deadline so that the two sides can negotiate is a positive step, the Prime Minister affirmed that the economic and trade relations between the two countries do not compete directly but complement each other.
To date, Vietnam has basically addressed the concerns of the US, proactively cutting taxes, and purchasing more goods from the US. Vietnam is ready to exchange and negotiate with the US on the basis of mutual benefit, aiming for a sustainable trade balance.
The Prime Minister stressed that there is no reason not to continue promoting bilateral relations because both countries have benefits and the people of both countries also benefit from this relationship.
Warburg Pincus General Director assessed that at an important moment in the Vietnam - US economic and trade relationship, which is developing very strongly, Vietnam still receives strong support from US businesses.
American businesses consider Vietnam a very reliable partner. Vietnam has been very active in reforming, bringing success in both the short and long term. American investors believe in Vietnam's potential and long-term prospects.
Regarding bilateral trade, Vietnam has been very active in responding to the concerns of the US side and is continuing to actively remove barriers and obstacles for businesses, including US businesses, and improve the investment and business environment to promote stronger cooperation.
As Chairman of USABC, he is always ready to advise and support mutually beneficial solutions on tariffs between Vietnam and the US...
Source: https://vietnamnet.vn/tong-bi-thu-viet-nam-va-my-la-hai-nen-kinh-te-bo-tro-va-bo-sung-cho-nhau-2392791.html
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