US investment firm Rosen Partners eyes tourism projects in Vietnam

By Lan Do
Mon, April 8, 2024 | 2:55 pm GMT+7

Managing director of US real estate development firm Rosen Partners LLC said he was excited about the potential for investment in Vietnam, particularly in tourism projects such as a world-class entertainment complex.

Vietnam’s Deputy Prime Minister Le Minh Khai met executives of several companies, including Daniel Rosen, managing director of New York-headquartered Rosen Partners, in New York last Saturday.

During their talks, Rosen said he hopes and believes that investment collaboration with Vietnam will be successful thanks to the country's formula for success.

Vietnam’s Deputy Prime Minister Le Minh Khai met Daniel Rosen, CEO of Rosen Partners, in New York on April 6, 2024. Photo courtesy of the government's news portal.

Vietnam’s Deputy Prime Minister Le Minh Khai met Daniel Rosen, CEO of Rosen Partners, in New York on April 6, 2024. Photo courtesy of the government's news portal.

Khai invited the group to expand its investments in Vietnam in real estate development and tourism.

According to Khai, Vietnam stands ready to help U.S. businesses implement efficient, profitable, and long-term operations, while ensuring they comply with Vietnamese laws.

In response, Rosen said he was excited about the potential for investment in Vietnam, particularly in tourism projects such as a world-class entertainment complex.

These projects will crystallize Vietnam's unique cultural values, whilst attracting Vietnamese and international tourists for longer stays in the country.

Leaders of Rosen Partner Group also shared ideas for cooperation with Vietnamese partners in the fields of artificial intelligence (AI), science and technology, and innovation. "My belief in the success of investing in Vietnam grows with each visit," stated Rosen.

He expressed his gratitude to the Vietnamese government for its continued support for U.S. businesses and its attempts to aggressively improve the business climate. He also reiterated Rosen Partner's hope that its cooperation with Vietnam will be successful.

Khai said he agreed with Rosen Partner's proposal to invest in the construction of an entertainment business complex in Vietnam and offered Rosen Partner Group a list of potential locations to explore.

He also asked the group to encourage other corporations from the U.S. and throughout the world to invest in Vietnam in the spirit of mutual benefits, shared difficulties, and win-win solutions in fields like semiconductors, AI, and innovation.

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