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The "big fish"- USA has a desire to invest in Ho Chi Minh City ( Vietnam) in technology and energy areas.

Within the framework of President Vo Van Thuong's business trip attending the APEC 2023 Conference in San Francisco, the Chairman of the HCM City People's Committee had a meeting with nearly 30 large USA businesses to promote investment in green growth and high technology fields.

 

At the Conference, the Chairman of the City People's Committee Phan Van Mai emphasized that the City always determines its pioneering role and mission in implementing specific cooperation contents, focusing on developing high technology, chips, semiconductors, digital economy, green economy, etc, ... Informed to US investors about the City's green growth - sustainable development strategy, Chairman of the HCM City People's Committee  Phan Van Mai said that the City has completed the green growth strategic framework to 2030, vision to 2050 and determined to take citizens - businesses as the center of transformation.

Specifically:

Firstly, focus on 4 contents: green resources (highly qualified human resources, green finance, green connection/cooperation); green infrastructure (Green energy conversion, clean water, and water saving, resource circulation); green behavior (green consumption, green transportation, green construction); Priority industry/field groups (high-tech manufacturing, green startups - innovation, green tourism, green food, green Can Gio(Vietnam)).

Secondly, the city calls for investment in the development of Clean energy(reaching 35-40% by 2030), green transportation (infrastructure/metro, reducing gas emissions), wastewater and garbage treatment, development Developing carbon credits, and building a green Can Gio. The city also wishes to access green credit and develop green finance.

Thirdly, the city focuses on building plans with specific progress (itinerary) and designing policies and standards for socio-economic development in the City.

Participating in the discussion session, Mr. David Lewis, Chairman and CEO of Energy Capital Vietnam, a company founded in 2017 by a group of investors and experts with experience in the energy and infrastructure fields. He pledged that Energy Capital Vietnam Company will invest in the areas of innovation and green energy in the coming time.

Mr. Patrick Sweeney, Vice Chairman of the Council of Businesses Executives for National Security (BENS), said that many BENS' business members are eager to invest in the HCM City in the fields of technology, aerospace, defense, finance, health, energy, etc,...

In the afternoon on the same day, at the Investment Promotion Conference of HCM City in 2023, Mr. Marc Knapper, US Ambassador to Vietnam, highlighted the advantages of Ho Chi Minh City's investment environment, wishing US businesses to invest stalwartly in HCM City

The conference also witnessed the awarding ceremony of 4 Memoranda of Understanding (MOU) and 2 letters of interest between organizations and businesses to promote green growth and high-tech projects.

Previously, at the round table discussion about "connecting businesses and localities in Vietnam - America" organized by the Ministry of Planning and Investment in the afternoon of November 15, HCM City departments also signed three MOUs with the Green Alliance. These three agreements include: Cooperation in organizing investment and business activities towards green growth, and sustainable development in HCM City; cooperating on investment in building a private sector innovation center in HCMCity; and investment cooperation on the application of artificial intelligence (AI) in the field of transportation.

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