US businesses seek investment opportunity in Vietnam

(VOV) - Representatives of leading US businesses met with Vietnam Fatherland Front (VFF) Central Committee President Nguyen Thien Nhan on June 2, expressing their desires to deeper penetrate the Vietnamese market.

The businesses including those operating in insurance, energy and education and training said during their one-day visit, they are scheduled to discuss with government officials and the local business community measures to boost bilateral trade relations and accelerate the Trans-Pacific Partnership (TPP) agreement negotiations.

They expected to work with ASEAN governments and business partners, to speed up the establishment of the ASEAN Economic Community (AEC) in 2015 as planned.

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VFF President Nhan briefed the guests on Vietnam’s socio-economic development, its competitive advantages, and major development goals and orientations by 2020.

Nhan and US executives examined Vietnam’s economic situation, its investment opportunities, ASEAN community building efforts, and TPP negotiations.

The US delegation’s visit to Vietnam is conducted by the US-ASEAN Business Council which is the leading organisation in promoting US-ASEAN trade relations. Its members include the US’s largest groups which are operating in ASEAN member states.