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PM hopes US firms will transfer technology to Vietnam

Prime Minister Nguyen Xuan Phuc expressed his wish that US enterprises strong in digital economy will enhance cooperation and transfer technology to Vietnam during a reception in Hanoi on September 10 for Executive Director of the American Chamber of Commerce in Vietnam Adam Sitkoff. 

Prime Minister Nguyen Xuan Phuc (R) and Executive Director of the American Chamber of Commerce in Vietnam Adam Sitkoff
The PM welcomed the US delegation, who will be attending the World Economic Forum on ASEAN 2018 and the Vietnam-US Business Summit 2018. 

He said Vietnam appreciates its ties with the US, which have been growing over the past years. US exports to Vietnam have also grown in recent times, he added. 

The host affirmed that the Vietnamese Government has always and will continue to offer support for US firms doing business in Vietnam, considering it an important factor of bilateral ties.

Sitkoff, for his part, thanked the PM for hosting the delegation, which he said reflected on his strong commitment to promoting bilateral economic and trade links. 

He informed the host that the delegation had discussed digital economy development with the Vietnam Chamber of Commerce and Industry at the Vietnam-US Business Summit earlier in the morning.

US firms highly value the Vietnamese PM and Government’s efforts in improving administrative reform and business climate, as well as attracting foreign tourist arrivals, he said, adding that they are very interested in the Vietnamese market. 

Representatives from US firms expressed their determination to expand business operations in Vietnam and wished that the Vietnamese Government and PM would create more favourable conditions for them to do business in the country, especially in the fields of digital economy and connectivity, smart city development, pharmaceuticals, energy, and high-quality human resources training. 
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