APEC 2023 opens up investment opportunities for Vietnam, US firms
Friday, November 24,2023AsemconnectVietnam - President Vo Van Thuong’s trip to the US for the APEC Leaders’ Week and bilateral activities from November 14-17 is expected to open up many investment opportunities for businesses of the two countries in the time ahead.
Ted Osius, former US Ambassador to Vietnam and President of the US-ASEAN Business Council, held that there are no limits in the Vietnam-US relations, and expressed his belief that the bilateral trade and economic ties as well as people-to-people exchanges will be reinforced and deepened in the coming time.
US Ambassador to Vietnam Marc Knapper emphasised that cooperation potential between the two countries remains huge, particularly in aviation infrastructure and seaports.
US firms have also commended Vietnam’s economic development potential, and noted their hope for more business opportunities in the Southeast Asian nation. They have proposed the areas that need to be improved to help Vietnam attract more foreign investment.
President and CEO of the US Semiconductor Industry Association (SIA) John Neuffer spoke highly of Vietnam’s policies on high-tech and the semiconductor industry, and suggested the country soon take specific steps to lure US capital flows to the field.
Within the framework of Thuong’s trip, some localities like Ho Chi Minh City and Hung Yen organised investment promotion conferences on green growth, high-tech, carbon emission reduction and agricultural consumption, drawing the participation of US enterprises.
Chairman of the HCM City People’s Committee Phan Van Mai told the Vietnam News Agency that US firms showed their interest in investing in Vietnam and its southern metropolis in particular.
Chairman of the Hung Yen province People’s Committee Tran Quoc Van said Hung Yen signed cooperation agreements with four US partners in semiconductor, high-tech, agricultural consumption and waste treatment on this occasion.
The President’s trip has contributed to materialising the joint statement on the establishment of the Vietnam-US comprehensive strategic partnership, and promoting collaboration in high-tech and green economy, as well as connectivity between localities.
Source: Vietnamplus.vn
Fertilizer exports decreased in first 10 months of 2023
Pangasius exports grew positively in most markets
Vietnam Fruit market update: Fruit, vegetable exports set new record
Vietnam garment market update: Signs of recovery
DAILY: Vietnamese pepper prices remained unchanged on November 23
DAILY: Vietnamese coffee prices ros by 100 VND on November 23
Ministry proposes continued tax and fee cuts to promote economic growth
Digital transformation critical for fund industry to tap potential
Exports of several agricultural products in October and 10 months of 2023
Wheat imports increased in volume and decreased in turnover in 10 months of 2023
Garment sector sees signs of recovery
Fruit and vegetable exports reached a record high of more than 5 billion USD in 11 months
Rice production and export in the first 10 months of the year
Exports of goods to China reached nearly 50 billion USD in 10 months
Plan on implementing national strategy on climate change ...
Actively and effectively adapting, reducing vulnerability, loss and damage due to climate change; reduce greenhouse gas emissions ...Scheme on attracting, restructuring and improving quality ...
Urban development plan of Binh Phuoc province in a period ...
Plan on implementing Decision No. 327/QD-TTG dated March ...
Hung Kings Temple Festival 2023 kicks off
The Hung Kings Temple Festival 2023 and the Culture and Tourism Week of Ancestral Land 2023 kicked off in the northern province of Phu Tho ...Vietnam trounce Palestine at AFC U-17 Women's Asian ...
Phu Tho: Festival honours UNESCO intangible cultural ...
Saigontourist Group Food and Culture Festival 2023 opens
Vietnam’s top swimmer Huy Hoang to hold Vietnamese flag at ...