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The Saigon Times

Saigon Times Group is a leading Vietnamese media organization with prestigious business and consumer publications. After three decades of development, we have built a good reputation through our publications on economy, business and markets for Vietnamese and foreign readers.

Basic

Free

  • Free access to daily domestic news, podcasts and videos

Premium

$5 $1 /month
(VND 23,900)
Monthly Annual

  • Unlimited access to domestic news, podcasts, videos and magazine articles on current social / economic / trade / investment issues, commodity / financial/securities markets, M&A activity, FDI, local and foreign business communities and more.

AUTOMATIC RENEWAL REMINDER

  • Your payment method will then be automatically charged ₫ 899.000 every 365 days thereafter.
  • Your subscription will continue until you cancel.
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28.9 C
Ho Chi Minh City
Sunday, July 13, 2025

PM calls for U.S. businesses to invest in Vietnam

The Saigon Times

Must read

HCMC – Prime Minister Pham Minh Chinh had a meeting on August 1 with a California State delegation comprising officials and business executives, led by Mayor of Oakland City Sheng Thao, during their visit to Vietnam.

The PM expressed his appreciation for strong relations between Vietnam and Oakland, as well as California as a whole. Notably, trade and marine cooperation have flourished between the two sides.

California currently stands as Vietnam’s largest local partner, with nearly 100 businesses having investment projects in the country. Simultaneously, more than 70 Vietnamese companies have established their presence in California, where a significant Vietnamese-American community thrives.

Recognizing the immense potential for further collaboration in areas such as economy, trade, investment, science-technology, energy transition, hi-tech, innovation, education, and business start-ups, both sides are eager to maintain and enhance this positive cooperation.

The PM proposed Mayor Sheng Thao and California officials continue their efforts in developing ties with Vietnam, particularly in the field of economy, trade, and people-to-people exchange. He also expressed his hope for increased exchange activities, information sharing, and support for the Vietnamese community in the U.S.

In response, Mayor Sheng Thao conveyed her admiration for Vietnam’s dynamism, stunning landscapes, and hospitable people. She pledged to strengthen friendship and cooperation with Vietnam, focusing on sectors where Oakland and California excel, such as transportation, logistics, digital economy, and innovation. This mutual effort aims to foster the development of relations between California and Vietnam.

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