Vietnam’s National Assembly supports stronger economic ties with US
The National Assembly (NA) of Vietnam always backs stronger economic and trade cooperation with the US and facilitates the adoption of legal regulations to create a transparent and favourable business environment for foreign businesses, including those from the US.
Vietnam’s National Assembly supports stronger economic ties with US (Illustrative image. Source: VNA)
Hanoi (VNA) – The National Assembly (NA)of Vietnam always backs stronger economic and trade cooperation with the US andfacilitates the adoption of legal regulations to create a transparent andfavourable business environment for foreign businesses, including those fromthe US.
NA Vice Chairman Phung Quoc Hien made thestatement at a reception for Calin Dragan, Region Director ASEAN & MiddleEast for Bottling Investment Group at the Coca-Cola Company, in Hanoi on August1.
The comprehensive cooperative partnershipbetween Vietnam and the US has seen positive developments, he said, adding thatthe US is one of the leading trade partners and a major investor in Vietnam.
He congratulated the company on itsaccomplishments in Vietnam over the past 20 years, noting Coca-Cola productshave become popular among Vietnamese customers.
The legislator expressed his belief that thesuccess of the group will boost the cooperation prospects between the twocountries, especially in the fields of trade and economy.
The Vietnamese government has offered a lot ofincentives to the group since its operation in the Southeast Asian country. In 2014,Coca-Cola started reporting its profits and paying tax to the Vietnamese Statebudget.
This not only illustrates the company’s legalresponsibility and business ethics but also reinforce customers’ trust, Hiensaid.
He hoped the company would continue making morecontributions to the State budget and social activities while taking care ofconsumers’ health and protecting the environment to promote sustainabledevelopment in Vietnam.-VNA
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