HCM City calls for greater US investment in hi-tech park
VOV.VN - Phan Van Mai, chairman of the Ho Chi Minh City People's Committee, has called for businesses from the US' Oakland city to invest in the southern city’s hi-tech park to produce chips, semiconductors, and new material technologies.
The municipal leader made the statement at a meeting held on August 7 with a California State delegation led by Mayor of Oakland City Sheng Thao as part of their trip to Vietnam.
The event, co-hosted by the Consulate General of Vietnam in San Francisco and David Duong, president of California Waste Solutions (CWS) and CEO of Vietnam Waste Solutions (VWS), aims to examine ways to strengthen ties between Vietnam and the US State of California as well as economic, trade, and investment ties between both sides' localities.
Upon addressing the meeting, Mai said that the southern metropolis is keen to reinforce all-around ties with US partners and localities, alongside Oakland businesses operating in the fields of trade and investment, science, technology, and innovation. The southern city desires to learn from Oakland’s experience in developing an international financial center as it is speeding up the construction of an international financial center in the time ahead, he told his guests.
The city also wishes to co-operate with Oakland in sharing experience in technology solution for climate adaptation, boosting investment between enterprises of the two sides in the areas of clean energy, production of new materials, science and technology, digital transformation, and two-way trade exchange.
The occasion saw the southern metropolis call for Oakland businesses to invest in the city's hi-tech park in chip and semiconductor production, as well as the construction of seaports.
The city also pledged to offer better conditions, specifically for US businesses, including overseas Vietnamese businesses based in the US.
On behalf of the US business delegation, Mayor Thao noted that the two cities have many similarities and co-operation potential in the field of climate change response, trade, investment, and construction of seaports.
Several business representatives from her delegation wish to collaborate with the southern city to develop an international financial centre in the coming time, while some showed their interest in the start-up field, and setting up a direct flight between the two cities in a bid to bolter trade exchange.
At the meeting, both sides also consented to build a legal framework for broader co-operation in potential field aass as a way of bringing practical benefits to them.