Vietnam calls for more investments from the US enterprise
Nguyen Thien Nhan, Secretary of the Ho Chi Minh City Party’s Committee, has called on US technological groups and companies to expand their investment and cooperation in the city.
He had working sessions with representatives of leading US technological groups and companies like Intel, Allied Telesis, Zoom and Marvell, which are investing in HCM City, on December 11 as part of his visit to the US. Nhan appealed to the businesses to help the Vietnamese southern metropolis implement projects and programmes on smart urban building and high-tech product development.
At a working session with Allied Telesis Group based in Silicon Valley in San Francisco, the two sides discussed technological solutions to urban management and high-tech infrastructure service development.
On this occasion, Le Hoai Quoc, head of the management board of the Saigon High-tech Park (SHTP) handed over an investment licence to representatives of Allied Telesis and Quantus Corporation to implement a project on building a life science research and development institute and a high-tech hospital in the city.
The HCM City leaders expressed their hope that the investors will consider training and employing young, talented and skilled labourers in the locality through specific activities. They pledged to create the best possible conditions for the US enterprises, especially in land use tax and human resources.
On December 10, Nhan and his entourage met with lawyers of McDermott Will & Emery LLP (MWE), to talk about matters regarding the US’s start-up policies, and visited 8CV Company. They also had a meeting with 26 Vietnamese who studied in the US and are now working in major US groups and companies like Google, Facebook, Yahoo and Wall Mart in San Francisco.
14:43, 2024/11/18
Aircraft manufacturer Embraer seeks comprehensive aviation partnership with Vietnam
The Vietnamese leader urges the aircraft manufacturer to collaborate on technology transfer, airport construction and operation, research, and investment in Vietnam.
21:55, 2024/10/22
Better links with FDI firms to support Hanoi businesses
Hanoi will continue to focus on quality projects, especially with partners such as Japan, the United States, and Europe to boost technology transfer.
15:24, 2024/09/24
Vietnam calls for more US investment in innovation, hi-tech
The Vietnamese leader called on relevant agencies to resolve any challenges faced by investors and enhance the investment climate to encourage greater US investment in Vietnam.
14:13, 2024/09/23
Vietnamese leader urges Boeing to build production facility in Vietnam
Boeing is committed to continuing to support the development of Vietnam's aviation ecosystem, focusing on aviation infrastructure, human resources training, airport construction, and aircraft maintenance facilities.
14:38, 2024/09/17
Foreign capital pouring into Vietnam's real estate market
Experts are optimistic that the 2024 Land Law, once enacted, will help resolve legal bottlenecks and attract more FDI.
16:27, 2024/08/24
Vietnam news in brief - August 24
Read The Hanoi Times to stay up to date on developments in Vietnam.
- Growing number of FDI firms moving to Vietnam
- Vietnam Gov’t committed to facilitating Adani Group’s US$2-billion port project
- Vietnam Railway proposes US$87 million for Hanoi–Dong Dang railway upgrade
- Vietnam’s North-South high-speed railway to be designed for 350km/h
- Vietnamese gov’t urged to address impact of global minimum tax
- Samsung plans drastic investment increase in Vietnam over next three years