Deputy Prime Minister Le Minh Khai hosted a reception in Hanoi on November 10 for Charles R. Kaye, CEO of Warburg Pincus, during which he expressed his hope that Warburg Pincus, one of the US’s leading investment funds, will continue to be a bridge to bring investors from the US and other countries to Vietnam.
Deputy Prime Minister Le Minh Khai (R) receives CEO of Warburg Pincus Charles R. Kaye (Photo: VNA)
Hanoi (VNA) - Deputy Prime Minister Le Minh Khai hosted a receptionin Hanoi on November 10 for Charles R. Kaye, CEO of Warburg Pincus, duringwhich he expressed his hope that Warburg Pincus, one of the US’s leadinginvestment funds, will continue to be a bridge to bring investors from the USand other countries to Vietnam.
Khai noted that after 10 years of its operationin Vietnam, Warburg Pincus has affirmed itself as one of the leading investmentfunds in Vietnam with a total capital of more than 2 billion USD.
Appreciating Warburg Pincus’s successfulcooperation with many large and reputable Vietnamese enterprises, theDeputy Prime Minister said he hopes it will continue to research and expandpartnerships with Vietnamese businesses and make more effective investment innew projects.
He affirmed that Vietnam always considersthe US one of its leading important partners, with two-way trade surpassing 123billion USD last year, up 11% year-on-year. As of August 20, the US had morethan 1,300 valid FDI projects totalling 11.8 billion USD, ranking 11th among the countries and territories pouring capital into in the Southeast Asiannation.
Charles R. Kaye informed the host of the fund'sactivities in Vietnam over the past 10 years, and shared its plans tocontinue expanding investment in Vietnam in the coming time.
He said that there are currently many largeUS businesses showing interest in investing in the potentialVietnamese market and presented some proposals to the Vietnamese Government./.
Prime Minister Pham Minh Chinh on September 28 suggested the US-based global growth investor Warburg Pincus to further its effective coordination with Vietnamese agencies to increase long-term and sustainable investment in the Southeast Asian nation.
Deputy Prime Minister Le Minh Khai on January 12 called on the Semiconductor Industry Association (SIA) of the US to encourage its member enterprises to increase investment in Vietnam.
Politburo member, Head of the Party Central Committee's Economic Commission Tran Tuan Anh emphasised the huge potential for Vietnam to lure abundant, high-quality investment from the US at his reception for US Treasury Secretary Janet Yellen in Hanoi on July 20.
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The UN Secretary-General praised Vietnam’s remarkable achievements in socio-economic development and international integration in recent years, noting that the country has emerged as a model in implementing the Sustainable Development Goals (SDGs), promoting international peace and security, and engaging in key UN processes.
Nghia affirmed that this is a milestone of special significance, affirming and honouring the the Vietnamese revolutionary press’s glorious tradition of 100 years of serving the revolutionary cause of the Party, serving the Fatherland, and serving the people.
The Party and State of Vietnam always attach great importance to and give top priority to the development of Vietnam–China relations. Vietnam is ready to work with the Chinese Party and State to further deepen the Comprehensive Strategic Cooperative Partnership and promote the building of the Vietnam-China community with a shared future that carries strategic significance.
Under the leadership of President Ho Chi Minh and the CPV, President Cuong said, the press has been a steadfast force on the ideological and cultural front, rallying the masses to pursue national aspirations.
NA Chairman Tran Thanh Man stressed the need to accelerate the application of artificial intelligence and smart teaching equipment, innovate teaching and assessment methods, and further improve the quality of formal education.
He also pledged that the NA will promote its ongoing supervision, making sure that every promise must lead to results, and every commitment must bring about real changes.
Deputy Prime Minister Le Minh Khai (R) receives CEO of Warburg Pincus Charles R. Kaye (Photo: VNA) 
