VNA reported that on April 18, General Secretary To Lam and Politburo member and Prime Minister Pham Minh Chinh received Mr. Jeffrey Perlman - General Director of Warburg Pincus Fund - who is also Chairman of the ASEAN - US Business Council (USABC) on a working visit to Vietnam.
At the meeting, Prime Minister Pham Minh Chinh suggested that the fund expand investment more and faster in Vietnam; speak with the US government to have appropriate solutions to promote fair and sustainable bilateral trade as in the spirit of the recent exchange between General Secretary To Lam and President Donald Trump.
The Prime Minister stated that Vietnam hopes to continue to receive support and cooperation from the US, strengthen and deepen the Comprehensive Strategic Partnership with the US, including continuing to maintain and promote stable and sustainable economic and trade relations on the basis of equality and mutual benefit, and promote cooperation with US investors in Vietnam.
Thanking the US side for delaying the countervailing tax payment deadline for negotiations between the two sides, the Prime Minister affirmed that the economic and trade relations between the two countries do not compete directly but complement each other.
To date, Vietnam has basically resolved the concerns of the US side, proactively cut taxes, buy more goods from the US and be ready to exchange and negotiate with the US on the basis of mutual benefit, towards sustainable trade fairness, as in the spirit of the recent exchange between General Secretary To Lam and President Donald Trump.
Given that, there is no reason to hinder continuing to promote bilateral relations for the benefit of the two countries and the people of the two countries, the Prime Minister emphasized that the current situation has difficulties and challenges, but it is still not as difficult as the difficulties and challenges that Vietnam has overcome when conducting the struggle for national liberation, reunification of the country, the period of surrounding, embargoing, the period before the renovation of Codid-19 ...
Therefore, Vietnam will continue to strongly promote the spirit of self-reliance, self-strengthening, flexible response, proactiveness to overcome difficulties and challenges and rise strongly.
Vietnam needs the support and cooperation of other countries, always respects the legitimate and legal rights and interests of partners, listens to reasonable opinions but does not depend on that support and cooperation.
The Prime Minister suggested that Warburg Pincus Fund expand its investment in Vietnam more and faster, as well as support the mobilization of as much capital as possible for both the public and private sectors, Vietnam will actively cooperate to use this capital with the highest efficiency.
Along with that, the fund has a voice with the US government to have appropriate solutions to promote bilateral trade in particular and cooperation between the two countries in general; soon recognize the market economy regulations with Vietnam and remove Vietnam from the list of countries with restrictions on high-tech exports.
The General Director of Warburg Pincus Fund assessed that at an important moment in the Vietnam - US economic - trade relationship, which is developing very strongly, Vietnam still receives strong support from US businesses; affirmed that US businesses consider Vietnam a very reliable partner; believe in Vietnam's long-term potential and prospects.
Regarding bilateral trade relations, Mr. Jeffrey Perlman said that Vietnam has actively responded to the concerns of the US side and is continuing to actively remove barriers and obstacles for businesses, including US businesses, improve the investment and business environment to promote stronger cooperation; affirmed that he personally, as Chairman of USABC, is always ready to advise and support the proposal of mutually beneficial solutions on tariffs between Vietnam and the US; at the same time, will continue to strongly mobilize other partners about Vietnam's development potential; actively contribute to the Vietnam - US relationship.
Warburg Pincus is one of the world's leading investment management funds, managing more than $83 billion. From 2013 to present, the fund has invested more than 2 billion USD in Vietnam.
