Dung said Vietnam is carrying out economic restructuring, with a focus on State-owned enterprises, the banking system, and the public investment sector to make them operate more efficiently in line with market regulations and international norms.
Accelerating the market economy reform is considered one of the key breakthroughs Vietnam is going to make to integrate deeper into the global economy, he said.
US businesses inquired into the government's measures to warm up the real estate market
and settle bad debts of the banking system
He said Malaysia recorded inflows of US$10.16 billion in 2012 and maintained its ranking as the third largest recipient of FDIs in ASEAN in the "World Investment Report 2013" by the United Nations Conference on Trade and Development (UNCTAD).UNCTAD also ranked Malaysia 11th among 20 economies with the highest FDI profitability, Najib, who is also Finance Minister, said at the "Global Investment Symposium" at Havard Club New York here on Wednesday.
The symposium, aimed at promoting Malaysia, specifically Greater Kuala Lumpur, as an incomparable investment proposition and destination for US investors, was well attended by American businessmen, investors and captains of industry.
"I think we have to question how far along the way this transition process is, or whether it is genuine enough, whether it is stable enough, whether it is strong enough," Ms. Suu Kyi said in a speech Sunday at Singapore Management University. Myanmar's leaders need to be focused "on doing what is right for the country.''
Mr. Forbes would not, however, provide details of the composition of each mission and exact arrival dates.
“The US-ASEAN (Association of Southeast Asian Nations) (Business Council) will be here later this year for their annual business mission. The US Department of Commerce has an energy mission coming next week (this week). And, a US Education mission will be here also later this year, to encourage Filipino students to study in the US,” AmCham Senior Adviser John D. Forbes told reporters on the sidelines of a conference last week.
Officials of the US Embassy in Manila were also not immediately available for comment.
American companies putting US$500,000 or more into Burma or investing in the gas and oil sectors are required to file reports outlining steps taken toward “responsible investment,” including details such as what human rights and worker rights policies have been implemented in the course of the investment and what due diligence has been undertaken on local partners. Among other requirements, reports must outline any communication with the Burma Army and detail payments exceeding $10,000 made to Burma government bodies.
However, just a handful of reports have been filed on the US embassy’s website and the requirements have drawn the ire of both businesses, which see them as an unnecessary hurdle, and human rights groups, which say they are not stringent enough to ensure US businesses respect human rights.
"Malaysia is a critical manufacturing hub and market for US industry," Marc Mealy, the US-Asean Business Council's vice president for policy, said yesterday.
“(With) Magellan, they’re making their own curriculum, (it’s) student driven, and student executed,” Magellan Project coordinator Brianne Bilsky said. Established in 2008, the Magellan Project was created with the goal of extending liberal arts learning outside of the classroom.
FORTUNE (Phnom Penh, Cambodia) -- Cambodia's promoters fanning out to money centers and markets worldwide pitch the Southeast Asian nation's economy as practically booming, a regional pivot point, and wide open for global business. Labor is cheap, land available, and natural resources ready for exploitation.
But the same country courting corporations ranks tenth as the most corrupt country on earth and scores just as high among human rights abusers, adding to the deep scars of its brutal past.
Feldman vowed to invest in Myanmar's prioritized areas such as infrastructural projects of health and education.He made the remarks when he met with President U Thein Sein, expressing hope that Myanmar will achieve more economic success in Myanmar.
He thanked the president for sector-wise offer for U.S. businessmen to engage in the country.