Ho Chi Minh City invites businesses Oakland City to invest in Hi-Tech Park to produce chips, semiconductors, new material technology.
On the morning of August 7, Chairman of Ho Chi Minh City People's Committee Phan Van Mai received and worked with a business delegation from California led by Ms. Sheng Thao, Mayor of Oakland (California, USA) who was on a visit, working in Ho Chi Minh City.
This is an activity organized by the Consul General of Vietnam in San Francisco and Mr. David Duong, Chairman and General Director of California Waste Solutions USA (CWS) and Vietnam Waste Treatment Company Limited (VWS). , in order to tighten ties between Vietnam and the state of California (USA) as well as promote economic , trade and investment cooperation between localities of the two countries.
President of Ho Chi Minh City Phan Van Mai discussed with the US business delegation - Photo: Le Quan
Speaking at the meeting, Chairman of Ho Chi Minh City People's Committee Phan Van Mai said that the city wishes to promote comprehensive relationships with partners and localities of the United States.
Ho Chi Minh City wishes to promote cooperation with businesses of the city of Oakland in the field of trade and investment, cooperation in the development of science, technology, and innovation.
The head of Ho Chi Minh City government added that the city is promoting the construction of an international financial center, so the city wants to learn from experience and invest in developing the international financial center of Oakland City. .
Ho Chi Minh City also wishes to cooperate with the city of Oakland in sharing experiences and technology solutions to adapt to climate change; promoting investment cooperation between enterprises of the two localities in the fields of clean energy, production of new materials, science and technology, digital transformation ; promote two-way trade…
On this occasion, Ho Chi Minh City invites Oakland businesses to invest in the City's Hi-Tech Park in chip production, semiconductors, new material technology; investment in construction of seaports. The city is committed to creating better conditions for US businesses, including overseas Vietnamese businesses in the US, to invest in Ho Chi Minh City.
On behalf of the business delegation, Ms. Sheng Thao said that the two cities have many similarities and have potential for cooperation in the field of combating climate change and other potential areas such as trade, investment and construction. seaport...
She added that in the delegation of Oakland City to Ho Chi Minh City, there were a number of large banks and banks along with the desire to cooperate with Ho Chi Minh City to develop an international financial center.
On the business side, Mr. Erik Larsen, Senior Vice President of Umpqua Bank also mentioned US businesses wishing to invest in Vietnam, many of which want to return to Vietnam to invest. Currently, the bank is prioritizing loans for investment in the fields of high technology, clean energy, and health. He said, the bank wants to become a financial bridge so that US businesses can invest in Ho Chi Minh City.
In addition, many businesses are interested in the startup field in Ho Chi Minh City. Enterprises want to have a direct flight between Ho Chi Minh City and Oakland City to enhance trade exchange.
At the meeting, the two sides agreed to build a legal framework for cooperation between the two cities in potential fields, bringing practical benefits to both sides.
Le Quan
According to Investment Newspaper