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VN creates favorable business conditions for U.S firms

VGP - PM Nguyen Xuan Phuc in Ha Noi on May 7 received Timothy Geithner, former Secretary of Treasury of the U.S. and now President of Warburg Pincus.

May 08, 2019 9:00 AM GMT+7

PM Nguyen Xuan Phuc (R) receives Timothy Geithner, former Secretary of Treasury of the U.S. and now President of Warburg Pincus, Ha Noi, May 7, 2019

At the reception, Geithner informed the host that Warburg Pincus has invested in five projects in Viet Nam, with two in the financial field.

He said, Viet Nam has succeeded in economic reform and improving its business climate, thus creating optimism among investors.

In the context of a complicated international situation, he expressed his hope that Viet Nam will maintain its reform and integration efforts and create more favourableconditions for foreign investors in finance, banking, and e-payment.

In turn, Prime Minister Nguyen Xuan Phuc said that Viet Nam-U.S. relations are developing well in all fields, noting that Viet Nam considers the U.S. one of its most important partners, and wants to enhance the bilateral comprehensive partnership, especially in economics, trade, and investment.

The PM affirmed that Viet Nam always does its utmost to improve its business and investment environment and pays attention to removing difficulties for foreign investors, including those from the U.S.

Viet Nam always attaches importance to its goal of macro-economic stability to enhance confidence among enterprises and investors, he added.

By Vien Nhu