Vietnam, US discuss ways to boost trade-investment ties

A programme entitled “Meet the USA 2017” was held in HCM City on June 7 to step up economic-trade-investment relations between Vietnam and the US, especially in the fields of smart city development, renewable energy, environmental protection, hi-tech agriculture, healthcare and education.

The event was jointly organized by the Ministry of Foreign Affairs, the municipal People’s Committee, the US Consulate General in HCM City, and the American Chamber of Commerce (AmCham).

Nguyen Thien Nhan, Politburo member, President of the Vietnam Fatherland Front (VFF) Central Committee and Secretary of the municipal Party Committee, said US businesses are right to choose Vietnam and particularly HCM City as an investment destination with a stable and peaceful political environment.

It is a proper time for US firms to make use of strengths and advantages of the Vietnamese economy to make investment based on the close cooperation between the two countries’ leaders and the bilateral growing trade relations, he said.

The official called on US enterprises to seek more investment opportunities with the city and pledged to support them to do long-term business in HCM City.

In his opening remarks, Deputy Foreign Minister Ha Kim Ngoc said both nations are seeing  new opportunities to strengthen their comprehensive partnership after the recent visit to the US by Prime Minister Nguyen Xuan Phuc.

The programme, which took place in HCM City – a leading locality nationwide in external rapports with the US, aims to enhance collaboration between Vietnamese and US localities for the sake of the two countries’ people.

US Ambassador to Vietnam Ted Osius described the event as an activity to realize the commitments and agreements reached by the two countries’ leaders to expand trade and investment ties.

The US pledged to intensify cooperation with Vietnam, especially in the field of free trade, and hopes to bring to the country with the latest hi-tech solutions, he said.

The Ambassador hailed efforts of Vietnamese localities in improving the provincial competitive index (CPI), which is one of the key issues in the local economic development policies.

The programme will offer numerous opportunities for the two sides to propel the bilateral economic and trade ties forward, particularly between Vietnamese localities and US businesses, he added.

 

Source:

HCM City authorities call for further investment from US investors

About the author  ⁄ AmCham Vietnam

AmCham is an independent association of companies with the objective of promoting trade and investment between Vietnam and the U.S. With two chapters, one in Ho Chi Minh City and one in Hanoi, our membership of 700 companies and 1,500 representatives is unified by a commitment to promote trade and investment between Vietnam and the United States.

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