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Deputy PM hosts Warburg Pincus CEO

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 PM hosts Warburg Pincus CEO ảnh 1Deputy 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./.

VNA

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