14TH NATIONAL CONGRESS OF THE COMMUNIST PARTY OF VIETNAM
Log in
Business

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.
Reactions:
Share:
Trending
Most Viewed
Vietnam commits 3% budget to turbocharge AI and data economy

Vietnam commits 3% budget to turbocharge AI and data economy

At least 3% of state budget spending will fund digital transformation, accelerating Vietnam’s shift toward a data-driven and AI-powered economy.

From labor-intensive to high-tech: Hanoi retrains for global edge

From labor-intensive to high-tech: Hanoi retrains for global edge

Raising the skill standards of high-tech workers is emerging as a decisive factor in strengthening Hanoi’s competitiveness as the capital accelerates its shift toward a knowledge-based industrial economy.

Hanoi craft villages resume production early, aiming for growth in 2026

Hanoi craft villages resume production early, aiming for growth in 2026

After the Lunar New Year break, Hanoi’s traditional craft villages have quickly resumed production, fulfilled orders and prepared for new markets while blending heritage craftsmanship with modern technology to strengthen competitiveness and sustain growth in 2026.

Vietnam stock market poised for post-Tet gains

Vietnam stock market poised for post-Tet gains

The post-Tet period often presents attractive opportunities for investors in the following months.

Spring Fair draws 500,000 visits, elevates Vietnamese brands nationwide

Spring Fair draws 500,000 visits, elevates Vietnamese brands nationwide

Drawing large crowds and strong commercial momentum, the 2026 Spring Fair turned Hanoi into a vibrant showcase of Vietnamese products, culture and innovation, where shopping met heritage experiences and businesses forged valuable partnerships.

Firms seek clearer policy framework for new tech, digital platforms

Firms seek clearer policy framework for new tech, digital platforms

Hanoi’s tech firms are calling for clearer demand mechanisms and transparent evaluation as the city pilots its Technology Exchange and Digital Transformation Market to boost commercialization, innovation and digital growth.

Vietnam Airlines to open first nonstop Hanoi-Amsterdam route to enhance Europe ties

Vietnam Airlines to open first nonstop Hanoi-Amsterdam route to enhance Europe ties

The move aims to open a new gateway to Europe and advance the national flag carrier’s strategy to expand its European network.

Vietnamese goods reach rural areas through Tet fairs

Vietnamese goods reach rural areas through Tet fairs

Hanoi is intensifying communication and outreach for the “Vietnamese people prioritize using Vietnamese goods” campaign to boost consumption ahead of Tet, the country’s most important holiday.