Vietnam is willing to create favourable conditions for US businesses to invest in the country, affirmed Deputy Prime Minister Nguyen Xuan Phuc.

Phuc made the affirmation on Feb. 22 while receiving a delegation of representatives from nearly 30 US businesses operating in fields such as information technology, education and healthcare, which was led by US Ambassador to Singapore David Adelman.

Phuc stressed that the US business community has contributed to the socio-economic development of Vietnam and to Vietnam-US relations generally.

He said he hopes that the visit will increase US understanding of Vietnam's economic policies and open up opportunities for economic, trade and investment co-operation.

The deputy PM said when investing in Vietnam, foreign businesses are considered a crucial part of the country's economy and their success is also Vietnam's success.

Ambassador Adelman said US businesses want to seek business opportunities in Vietnam because the country is an actively developing economy with market potential.

He said he hopes the quality of human resources and work force in Vietnam will be improved to meet the demands of development.-VNA