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Eco-conscious U.S. investors eye Vietnam

The Saigon Times

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HCMC – U.S. businesses would invest US$8 billion in projects in Vietnam provided that the country ensures clean energy supply for their operations, according to a U.S. official.

Jose W. Fernandez, Under Secretary for Economic Growth, Energy and the Environment at the U.S. Department of State, provided this information at a press conference held on January 26 in Vietnam.

He said that these U.S. businesses are eager to invest but are committed to using clean energy due to their commitments to shareholders and customers.

According to him, 15 U.S. companies, including those in the semiconductor industry, have shown interest in investing in clean energy infrastructure.

Fernandez’s visit to Vietnam is in line with the U.S. plan to implement agreements signed by both countries in September when they elevated their relationship to a comprehensive strategic partnership.

The focus of the visit includes discussions on the semiconductor industry, promoting trade opportunities, expanding clean energy cooperation, and strengthening supply chain partnerships.

The U.S. has also committed to enhancing collaboration with Vietnam in developing the semiconductor industry, which includes training 50,000 engineers for the sector.

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