Vietnamese State President Nguyen Minh Triet said he expected US businesses to continue to boost investment in ASEAN, a stable region with high economic growth and a great potential for development.

Addressing a working session between ASEAN leaders and the US-ASEAN Business Council in New York on Sept. 24, President Triet spoke highly of US groups’ intention to pour more investment into ASEAN.

During the upcoming summit in Hanoi in October, ASEAN members will discuss ways to strengthen the connectivity of large-scale projects to move closer to the establishment of the ASEAN Economic Community by 2015, which is expected to offer more chances for US investors to boost investment and increase trade in a large and promising market, he said.

In his speech, US Assistant Secretary of State for East Asian and Pacific Affairs Kurt Campbell reiterated the US policy of expanding its ties with ASEAN.

Bilateral trade between ASEAN and the US has reached more than 200 billion USD a year.

ASEAN is now the US’s fifth largest trade partner and fourth largest export market./.