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Vietnam-US Business Forum held in New York

A Vietnam-US Business Forum themed “Doing Business in Vietnam” was held in New York on July 13 by the Vietnam Chamber of Commerce and Industry and the US Chamber of Commerce.
The forum attracted 25 Vietnamese businesses and more than 30 US groups and companies in the fields of banking, finance, capital management, and consultant services.

The Vietnamese ambassador to the US, Nguyen Quoc Cuong introduced Vietnam’s political and socio-economic achievements in recent years and called on US businesses to continue to invest in Vietnam. He gave particular mention to investment in infrastructure development and the building of electric power plants, airports, seaports, highways and telecommunications facilities.

Carmela Mammas, director of the US import-export assistance centre under the Department of Commerce said the forum informed US businesses of many opportunities for potential investment in Vietnam, especially in information technology, insurance, environmental protection, medical equipment, electricity and energy. The US companies should cooperate closely with the centre and Vietnam’s partners to strengthen business activities, Mammas added.

US businesses showed their keen interest in human resource and infrastructure development in Vietnam in the future and praised the Vietnamese Government’s measures to curb inflation and stabilise macroeconomy.

Phung Tien Sy, Vice Director of the Import-Export International Cooperation and General Investment Corporation (GELEXIM), said Vietnamese businesses had a chance to meet with senior officials from the US Chamber of Commerce and introduce them to potential fields in Vietnam.

A similar forum will be held in Baltimore, Maryland in the US on July 14.

Source: VOV News