Conference on investment in Vietnam held in US
(VOV) -More than 70 representatives from companies, funds and trade organizations in the US have attended a conference in New York on February 5th to promote foreign investment in Vietnam.
The event was organized with the support of Becamex IDC Binh Duong, the Citibank and the Manhattan Chamber of Commerce.
Vietnamese Ambassador Le Hoai Trung, Head of Vietnam’s permanent mission to the UN cited Binh Duong province as a case in point that has succeeded a huge amount of capital from US companies and groups into the Vietnam-Singapore industrial zone.
Many US representatives showed keen interest in administrative procedures for investment the province and the country as a whole.
Walter Blocker, Chairman of the Vietnam Trade Alliance (VTA), which is operating in Ho Chi Minh City, has been one of the first US businesspeople coming to Vietnam after the two countries normalized their diplomatic ties.
He said Vietnam has made considerable progress in reforming their investment environment and his company is reaping the benefits.
Marc Mealy, Deputy Chairman of the US-ASEAN Business Council (USABC), underscored Vietnam’s important role in connecting economy and trade within the bloc.
He said the US government’s policy towards Asia and the best possibility of its signing the Trans-Pacific Partnership (TPP) agreement will provide chance for US businesses to invest in Vietnam.