President receives representatives of US business associations, investors

At the meeting between President Nguyen Xuan Phuc and representatives from the US-ASEAN Business Council (USABC). (Photo: VNA)

New York – President Nguyen Xuan Phuc received representatives of the US-ASEAN Business Council (USABC), the American Chamber of Commerce (Amcham), the US Chamber of Commerce (USCC), and several US companies and multinational groups in New York on September 22 (local time).

These enterprises included McLarty, Philip Morris, AES, Thermo Fisher, Asia Group, Northwestern Medicine, Excelerate Energy, GE, and McDermontt, Delta Offshore Energy and Boeing.

Receiving leaders of the AES Group, President Phuc highly valued its activities in Vietnam as well as its contributions to the Vietnamese energy sector’s growth. Affirming Vietnam’s support to the enterprise’s expansion of operations in Vietnam, he encouraged the group to invest in green and renewable energy in the country. He also lauded the firm’s partnership with PVGas in building Son My liquefied natural gas (LNG) storage in Vietnam.

At his meeting with representatives of the Asia Group, the Vietnamese leader suggested the firm continue to work as a bridge between the two nations and urge the US government to further promote practical and long-term cooperation with Vietnam. The Asia Group should mobilise the US government to donate more COVID-19 vaccines and medical supplies to Vietnam, and transfer COVID-19 production technology to the country, he added.

Meeting leaders of Thermo Fisher, President Phuc lauded the firm’s commitments to support vaccine development programmes and exchange experience with partners in responding to the COVID-19 pandemic.

Receiving representatives from General Electric (GE) and Excelerate Energy, he hoped that GE, Excelerate Energy and partners will continue to increase investment in clean and renewable energy in Vietnam, which is an important sector to help with socio-economic development and environmental protection in the country.

At his meeting with leaders of Northwestern Medicine, the President thanked clinics and member hospitals of Northwestern Medicine for their donation of medical supplies and equipment to Vietnam. He proposed Northwestern Medicine further foster cooperation between Vietnam and Chicago in research, development and application of hi-tech in health check-up and treatment.

Meeting partners of Delta Offshore - Bạc Lieu Energy, he hailed Delta Offshore Energy's LNG-fueled power project in Bac Lieu province - the biggest foreign-invested project in the Mekong Delta region so far. He expressed his hope that the project will become a model of quality and progress with most competitive power prices, thus inspiring more US energy firms to invest in Vietnam.

At a meeting with representatives from the USABC, Amcham, USCC, McLarty and Philip Morris, President Phuc spoke highly of the role of US business associations and enterprises in encouraging US firms to invest in Vietnam over the past years.

He suggested that the associations will continue to encourage US businesses to invest in Vietnam, especially in strategic areas, helping Vietnam engage in regional and global supply chains, while hastening the US Government to continue its donation of COVID-19 vaccines and medical supplies to Vietnam as well as transferring vaccine production technology to the country. He hoped the associations will contribute their voices to the US Government in optimising the Vietnam-US partnership and promoting stable and long-term cooperation with Vietnam on the basis of mutual support and interest.

President Nguyen Xuan Phuc receives representatives from the Business Council for International Understanding (BCIU). (Photo: VNA)

Receiving the Business Council for International Understanding (BCIU)'s representatives and a number of enterprises, President Phuc lauded the efforts and the role by the council in improving US investors’ confidence in the business and investment environment in Vietnam. He thanked BCIU for accompanying with and supporting Vietnam in accessing vaccines and medical supplies serving the COVID-19 fight.

Meeting representatives from the Boeing Group, President Phuc congratulated the firm on its opening of first representative office in Vietnam, which shows Boeing’s commitments to long-term investment in Vietnam despite difficulties posed by COVID-19.

He proposed Boeing continue to assist Vietnamese airlines to open more direct air routes to the US, while increasing investment in Vietnam in the fields of infrastructure construction, airplane component production, and aviation technical services, helping Vietnam enter supply chains of groups on the globe, and considering the opening of a pilot training centre in Vietnam.