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Wednesday, 06/06/2007 12:03:57 AM

Wednesday, June 06, 2007 12:03:57 AM

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US firm tells Vietnam PM of investment plans


US-based financial company Vietnam Partners pledged investment in Vietnam and sought the government’s assistance during a meeting its top executives held with Prime Minister Nguyen Tan Dung in Hanoi Friday.
Its President Virginia B. Foote said she would try to boost US-Vietnam cooperation in various fields besides boosting her company’s investment in the country.

A company partner, James W. Lewis, said the executives’ current trip was for exploring the property market, especially with respect to resorts and luxury hotels in Ho Chi Minh City, Hanoi, and Danang.

He sought government assistance for the group’s projects to build a tourism human resource development center in Danang and Asia’s most luxurious hotel in HCM City.

Dung appreciated the company’s investment plans and urged its executives to work with agencies and local authorities concerned to begin the projects as soon as possible.

“Tourism development is among Vietnam’s top priorities and the government will create the best possible conditions for the group to operate profitably,” he assured.

He took the opportunity to appreciate Foote, an ex-President of the US-Vietnam Trade Council, for her contributions to the normalization of Vietnam-US relations and signing of the Bilateral Trade Agreement, and her support for Vietnam’s WTO membership.

“Vietnam is pursuing a policy of cooperation in all fields with the US based on the principle of mutual interest, especially in the economic and investment spheres.”

Source: VNA

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