Government to continue facilitating US firms’ operation in Vietnam

Government to continue facilitating US firms’ operation in Vietnam: Deputy PM

The Government of Vietnam will continue creating optimal conditions for US businesses, including Hanesbrands clothing company, to operate effectively in the Southeast Asian country, Deputy Prime Minister Trinh Dinh Dung affirmed on June 12.
Government to continue facilitating US firms’ operation in Vietnam: Deputy PM ảnh 1Deputy Prime Minister Trinh Dinh Dung (R) hosts Jerry Cook, Vice President Government and Trade Relations at Hanesbrands (Source VGP)

Hanoi (VNA) –
The Government of Vietnamwill continue creating optimal conditions for US businesses, includingHanesbrands clothing company, to operate effectively in the Southeast Asiancountry, Deputy Prime Minister Trinh Dinh Dung affirmed on June 12.

At a reception of Jerry Cook, Vice PresidentGovernment and Trade Relations at Hanesbrands, in Hanoi, the Deputy PMcongratulated the group on its successful operation in Vietnam in recent pastand welcomed it to expand investment in the country.

He proposed the group pay more attention tosocial and charitable activities to help improve the quality of life forlocals.

The presence of US major groups, includingHanesbrands, has significantly contributed to the promotion of trade andinvestment relations between the two countries, he said.

The Vietnam-US comprehensive partnership hasdeveloped pragmatically and effectively in all fields over the past time withthe focus on economy, trade and investment relations, Dung said, adding thattwo-way trade stands at around 28.4 billion USD at present.

Jerry Cook said Hanesbrands has received bigassistance from the Vietnamese Government, ministries, departments andlocalities over the past time.

US businesses highly appreciate the assistanceof the Vietnamese Government, especially its efforts in improving the businessand investment environment, he said, adding Hanesbrands is increasing thenumber of its factories and expanding the scale of production in Vietnam.

In the time ahead, the group wants to strengthencooperation with Vietnamese ministries, departments and localities,particularly in the fields of customs and taxation, the official added.

Hanesbrands is running seven plants in Vietnamwith nearly 12,000 workers, producing 26 percent of the group’s total productsin the globe.

The exportturnover of Hanesbrands Vietnam in 2018 was estimated at 400 million USD.-VNA
VNA

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