WORDS ON THE STREET 70th anniversary of Hanoi's Liberation Day Vietnam - Asia 2023 Smart City Summit Hanoi celebrates 15 years of administrative boundary adjustment 12th Vietnam-France decentrialized cooperation conference 31st Sea Games - Vietnam 2021 Covid-19 Pandemic
Nov 21, 2016 / 10:28

President Tran Dai Quang meets with US-APEC Business Coalition

Addressing a workshop with the US-APEC Business Coalition in Lima, Peru, on November 18, President Tran Dai Quang stressed that Vietnam is facilitating foreign investment attraction, reiterating the country’s consistent policy of protecting the legitimate rights and interests of overseas investors.

 
President Tran Dai Quang joned a workshop with the US-APEC Business Coalition in Lima, Peru, on November 18.
President Tran Dai Quang joned a workshop with the US-APEC Business Coalition in Lima, Peru, on November 18.
President Tran Dai Quang attended and made his speech at the workshop with the US – APEC Business Coalition in Lima, Peru, on November 18, on the occasion of the 24th High-level Week of the Asia-Pacific Economic Cooperation (APEC) Forum from November 17-20.
Speaking at the event, President Tran Dai Quang highlighted the comprehensive partnership between Vietnam and the US.
Economics, trade and investment cooperation has become a foundation and a significant driving force to propel the bilateral relations forward, he said, noting that two-way trade has increased by 20% in the past four years to reach 45 billion USD at present, and the US is a leading trade partner and the seventh biggest investor of Vietnam.
President Tran Dai Quang recalled that during US President Barack Obama’s visit to Vietnam last May, Vietnamese and US leaders recognised the remarkable contributions of the US business community to developing the two nation’s comprehensive partnership.
The two leaders also considered trade and investment promotion a key focus for mutual benefits, contributing to remain peace and stability in the region and the world, the President added.
President Quang informed the US businesses about the socio-economic situation in Vietnam.
He reaffirmed the Vietnamese State’s policy of accelerating the renewal process across the fields to obtain rapid and sustainable development.
Vietnam is improving the legal framework to create a stable and healthy business environment, as well as bettering the infrastructure system, facilitating foreign investment attraction, and protecting the environment, he said.
The Vietnamese leader reiterated the country’s consistent policy of protecting the legitimate rights and interests of overseas investors.
He also informed the businesses that Vietnam is making preparations for the hosting of the 2017 APEC Year, that selected the central city of Da Nang to be the main venue.