The Vietnamese Government will improve investment environment and create
favourable conditions for foreign businesses, including those from the
US, to operate in the country while strictly implementing commitments
reached by the two sides.
The pledge was made by Prime Minister Nguyen Tan Dung at a reception in
Hanoi on Dec. 8 for a delegation of US businesses in Vietnam and
guests who had engaged in the negotiations of the Vietnam-US Bilateral
Trade Agreement (BTA), on the occasion of the 10 th anniversary of the
signing.
The PM welcomed the delegation’s members to
Hanoi to attend the workshop on Vietnam-US trade relations post-BTA,
themed “Looking back to the past – Looking towards the future” jointly
held in Hanoi by the Diplomatic Academy of Vietnam, the Vietnam-US Trade
Council, the Vietnam Chamber of Commerce and Industry and the US
Chamber of Commerce in Vietnam.
He affirmed Vietnam
’s willingness to partner with the US to continue effectively
upholding outcomes of the BTA and negotiations of the Trans-Pacific
Partnership (TPP) Agreement, in an effort to elevate the two countries’
relations to a new height, for peace, cooperation, prosperous
development and mutual benefits.
PM Dung said the signing of the BTA was made possible with goodwill from both sides.
During the past decade, the BTA has brought significant results for
trade and investment of the two countries, while improving mutual
understanding and trust, PM Dung said. He described the outcomes as
practical lessons and a momentum for the negotiation process to help
Vietnam join the TPP.
On the occasion, US
Ambassador to Vietnam David Shear expressed his delight at achievements
Vietnam and the US have gained over the past decade, saying the
signing has helped raise two-way trade and create a foundation for the
development of bilateral relations.
Two-way trade
between Vietnam and the US in 2011 recorded an estimated 20
billion USD, representing a ten-fold increase compared with 2001.
The Ambassador expressed his wish that the Vietnamese Government will
continue supporting US businesses in the country and increasing two-way
trade for the interest of both countries. /.