Prime Minister Pham Minh Chinh hosted a reception for Chief Executive Officer of Warburg Pincus Jefferey Perlman in Hanoi on April 18.

Warburg Pincus is one of the world's leading investment management firms, managing over $83 billion. Since 2013, it has invested more than $2 billion in Vietnam, creating over 40,000 jobs.

The PM welcomed Warburg Pincus's efforts and commitment to expanding investment in southern Ba Ria-Vung Tau province and Vietnam as a whole as well as its proposal to build an expressway connecting Long Thanh International Airport with Ho Tram.

He called on Warburg Pincus to expand its investments in Vietnam, as well as mobilize as much capital as possible for both public and private sectors, adding that Vietnam will actively cooperate to ensure the most effective use of these funds.

Mr. Perlman, who is also Chairman of the Board of Directors of U.S.-ASEAN Business Council (USABC), confirmed  strong support from U.S. businesses for Vietnam.

He affirmed that U.S. businesses view Vietnam as a very reliable partner, and the country has been very proactive in its reforms, achieving success both in short term and long term.

U.S. investors trust in Vietnam's potential and long-term prospects, Mr. Perlman said.

Regarding bilateral trade, Vietnam has been very active in addressing the concerns of the U.S. and is continuing to remove barriers and obstacles for businesses, including U.S. companies, as well as improves the business and investment environment to foster stronger cooperation.

Warburg Pincus stands ready to provide advice and support in finding mutually beneficial solutions regarding tariffs between the two nations, he said.