Many major firms from the US have expressed an interest in investing in Vietnam, Mr. Charles R. Kaye, Co-CEO at Warburg Pincus, told Deputy Prime Minister Le Minh Khai.

“The economic and trade relationship continues to serve as a driving force for bilateral ties between Vietnam and the US,” he said.

Two-way trade reached $123 billion in 2022, an 11 per cent increase year-on-year.

There were over 1,300 active FDI projects from the US in Vietnam, with total registered investment capital of $11.8 billion, ranking it eleventh among all countries and territories investing in Vietnam.

Deputy Prime Minister Khai said he hopes that Warburg Pincus will continue to study and expand cooperation with Vietnamese businesses and invest in new projects. He also proposed that the company, with its large network of customers worldwide, act as a bridge encouraging US investors in general and foreign investors in particular to do business in Vietnam.