US-ASEAN Business Council bridges US firms and Vietnam: official

Update: 10:56 | 15/03/2019

The US-ASEAN Business Council (USABC) has worked as an important bridge helping US firms invest in Vietnam and enhancing cooperation between the two nations, said Vice Chairman of the Vietnamese National Assembly Phung Quoc Hien. 

The legislator made the remarks at a reception for a USABC delegation, including representatives of 40 leading US businesses and groups – including Microsoft, Google, GE, and FedEx – in Hanoi on March 14.

US-ASEAN, Business Council, US firms and Vietnam, important bridge, comprehensive cooperation,  rapid progress, international integration

At the meeting.

Hien welcomed the USABC delegation’s visit, which, he said, is taking place in the context of fruitful development of the Vietnam-US comprehensive cooperation, with rapid progress made in economic ties.

He spoke highly of the great contributions by US enterprises to Vietnam’s economy throughout the past.

Vietnam has conducted reforms and pursued a foreign policy of independence, self-reliance, diversification and multilateralisation of relations, and international integration.

The country has affirmed that it will promote its comprehensive partnership with the US for the long-term interests of their people and intensify measures to beef up the bilateral ties, particularly in economy, trade, science-technology, and education and training, he said.

Hien noted that Vietnam always considers the US one of its leading economic and trade partners. Therefore, economic and trade cooperation is always at the centre and momentum of the bilateral ties.

Lauding cooperation outcomes in general, as well as economic links between Vietnam and the US, the official expressed his delight at the continuous growth of the two-way trade, which increased from 450 million USD in 1995 to over 60 billion USD last year.

Hien told his guest that during the process of international integration, Vietnam has paid attention to scientific and technological development and spearhead economic sectors.

He described US businesses as pioneers in science, technology, and quality, affirming that they are among Vietnam’s crucial and essential partners.

Through investment activities, Vietnamese enterprises can learn from their partners’ business and management skills, he said.

The legislator stressed that Vietnam always creates optimal conditions for foreign firms, including those from the US, to invest and expand their business and production in the country.

The Vietnamese National Assembly and Government will continue to complete the legal system in an open, transparent manner and in line with international practice while stepping up administrative reform in order to facilitate the operation of foreign businesses, he said.

Members of the USABC delegation voiced their hope for more support from the Vietnamese legislature in increasing the business activities of US firms and enhancing comprehensive cooperation between Vietnam and the US in the coming time.

 

24 Bac Giang businesses granted labor export license
(BGO) – To date, Bac Giang province has sent about 25,000 labors abroad, mostly working in Republic of Korea, Japan, Taiwan (China), Malaysia and Middle East area. 
 
Secretary of provincial Party Committee Bui Van Hai pays pre-Tet visits to businesses
(BGO) - On January 31, Bui Van Hai, member of the Party Central Committee, Secretary of the Party Committee and Chairman of the People's Council of Bac Giang province paid pre-Tet visits to some businesses based in the locality. He was accompanied by Duong Van Thai, Vice Chairman of the provincial People's Committee and President of the provincial Business Association, and representatives of the Department of Planning and Investment and the Office of the provincial Party Committee.
 
Over 10,000 new businesses set up in January
As many as 10,079 enterprises registered to be set up in the first month of this year with total registered capital of 151.1 trillion VND (6.5 billion USD), according to the General Statistics Office (GSO).
 
Vietnam Expo 2019 to gather businesses from 20 countries, territories
The Vietnam International Trade Fair (Vietnam Expo 2019) is to take place in Hanoi from April 10-13, drawing a large number of exhibitors from 20 countries and territories.
 
Further improving business and investment environment
(BGO) – Nguyen Van Linh,  Chairman of Bac Giang provincial People’s Committee (PPC) cum Head of the Steering Board for supporting and investing in enterprises in Bac Giang province (Steering Board) on January 15 chaired a meeting to review the status of local investment support and business development in 2018 as well as execute the tasks and solution in 2019.  
 

Source: VNA

 
Bình luận mới vừa được thêm vào. Click để xem
Mới nhấtHay nhấtXếp theo: