Ambassador Nguyen Quoc Cuong met Business Association of Overseas Vietnamese - US Branch
The Vietnamese Embassy in the US held a meeting with the Business Association of Overseas Vietnamese - US Branch (BAOOV - US) to introduce Vietnam’s current policies and its investment environment.
Ambassador to the US Nguyen Quoc Cuong praised the association’s role in helping US businesses to invest in Vietnam and Vietnamese businesses to seek opportunities in the US.
Ambassador Cuong emphasized that the Vietnamese government always encourage Overseas Vietnamese people to invest in their homeland, especially in the fields of education, science and technology and infrastructure development, in order to promote Vietnam-US economic ties.
The BAOOV-US spoke highly of Vietnam’s investment environment and encouraging policies for investors. They said political stability has helped investors do business successfully in Vietnam. However, there remain some obstacles, such as weak foreign currency management, poor infrastructure and some cumbersome procedures.
Two years after its establishment, the BAOOV-US has 125 members across the US.
