(VOVworld) - Vietnam is accelerating a comprehensive institutional reform to facilitate foreign operations in the country. Prime Minister Nguyen Tan Dung made the statement at Friday’s dialogues with the US business community and executives from leading economic groups. 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. Prime Minister Nguyen Tan Dung said: “Vietnam is accelerating the market economy reform to integrate deeper into the global economy. To this end, the country is conducting negotiations of six free trade agreements (FTAs) with other partners, and all these negotiations are well on track. Vietnam is negotiating and making positive contribution to the Trans-Pacific Partnership agreement (TPP) although Vietnam is the least developing nation among the 12 negotiating members. Vietnam is ready to work with the US to conclude TPP as soon as possible”.

Prime Minister Dung called on foreign investors to get involved in infrastructure construction projects, spanning transport, telecommunications, energy, health care, and education, to support economic and trade activities. He vowed to restructure public investments efficiently by opening the door for foreign businesses to join the market, as soon as the TPP is signed. Dung also reiterated Vietnam’s consistent policy of strengthening mutually beneficial cooperation in various areas, especially economics, trade and investment, with the US.