Mr Triet made the affirmation while receiving Peter R. Ryder, CEO and General Director of the Indochina Capital group, in Hanoi on July 25.

Mr Triet thanked Mr Ryder for supporting the ratification of the Vietnam-US Bilateral Trade Agreement (BTA) and Vietnam’s admission to the World Trade Organisation (WTO).

The President appreciated the Indochina Capital’s contributions to Vietnam and expressed his hope that the group will continue to promote Vietnam’s image in the US and encourage other US investors to come to the country.

For his part, Mr Ryder briefed his host on his group’s investment of US$1 billion in real estate projects in Vietnam.

The Indochina Capital is the first securities investment fund in Vietnam to be listed at the London Exchange. The group’s Nam Hai Resort in central Quang Nam province was selected by the US’s Travel and Leisure magazine as the world best resort in 2008.

Mr Ryder spoke of his group’s active contributions to Vietnam’s community support programmes such as providing vocational training and humanitarian activities. He thanked the Vietnamese Government and people for their support to his group’s operation in the country.

The Indochina Capital CEO said that his group, as a successful investor in Vietnam, is willing to contribute to the country’s socio-economic development and that he will convince other US groups to invest in Vietnam.