HCM City calls for US investment in sustainable economy, technology
Officials of Ho Chi Minh City had a meeting with US enterprises in San Francisco city on November 16 (local time) to call for investment in green growth and high technology in the southern economic hub of Vietnam.
Chairman of the HCM City People’s Committee Phan Van Mai speaks at an investment promotion conference in San Francisco on November 16. (Photo: Government Portal)
San Francisco (VNA) – Officials of Ho Chi MinhCity had a meeting with US enterprises in San Francisco city on November 16 (localtime) to call for investment in green growth and high technology in thesouthern economic hub of Vietnam.
The event, held within the framework of Vietnamese PresidentVo Van Thuong’s trip to attend the Asia-Pacific Economic Cooperation (APEC)Economic Leaders’ Week in San Francisco, attracted nearly 30 major US enterprisesoperating in such fields as energy, infrastructure, information technology, finance, and innovation.
Chairman of the HCM City People’s Committee Phan Van Maistressed that his city is aware of its pioneering role in implementingcooperation activities, with a focus on developing high technology, thesemiconductor industry, the digital economy, and the green economy.
He informed US firms about HCM City’s green growthand sustainable development strategy, including a green growth strategicframework until 2030 with a vision to 2050 that puts local people andbusinesses at the centre of transition.
David Lewis, Chairman and CEO of Energy CapitalVietnam, which was founded in 2017 by a group of experienced investors andexperts in energy and infrastructure, pledged that his company will invest ininnovation and green energy in the time ahead.
Patrick Sweeney, Vice President at Business Executives for National Security (BENS), said many member enterprises of BENS wish to invest in thefields of technology, aerospace, defence, finance, healthcare, and energy inHCM City.
At an investment promotion conference held by the HCM Citydelegation later on November 16, US Ambassador to Vietnam Marc Knapperhighlighted the favourable conditions in HCM City’s investment climate andcalled on US enterprises to invest more strongly in the city.
Four memoranda of understanding (MoU) and two letters ofintent were signed and handed over between enterprises at the event tostep up green growth and high technology projects./.
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Chairman of the HCM City People’s Committee Phan Van Mai speaks at an investment promotion conference in San Francisco on November 16. (Photo: Government Portal) 
