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Thursday, May 2, 2024

PM urges U.S. firms to come to Vietnam for win-win investment

The Saigon Times

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HCMC – Prime Minister Pham Minh Chinh has invited U.S. companies to increase their investments in Vietnam, fostering a mutually beneficial relationship and aiding the implementation of the newly established comprehensive strategic partnership between the two nations.

He delivered this message during the Vietnam-U.S. business forum on technology and innovation cooperation held in San Francisco, California on September 18. This event was part of his visit to attend the high-level week of the 78th United Nations General Assembly and engage in bilateral activities in the U.S.

During his address at the forum, PM Chinh reflected on the recent positive developments in Vietnam-U.S. relations.

The most significant stride was the upgrade of the two nations’ relationship from a comprehensive partnership to a comprehensive strategic partnership, achieved through the concerted efforts of both countries and their peoples.

PM Chinh proposed that U.S. companies expand their investments in Vietnam, particularly in the fields of science, technology, and innovation, to achieve mutually beneficial outcomes in the spirit of harmonizing interests and sharing risks.

He said, “Vietnam is ready to open its doors to welcome all businesses to invest and operate in a legal, stable and effective manner.”

He emphasized that this approach is the best way to mend past differences, set aside historical issues, and work together towards a prosperous future.

Earlier on September 18, PM Chinh met with businesses owned by overseas Vietnamese in San Francisco during a breakfast session, where he praised the contributions of the overseas Vietnamese business community to the development of their homeland.

PM Chinh also visited the University of San Francisco (USF) and engaged in discussions with the university’s leadership and students on the same day.

During the visit, he proposed that USF explore opportunities for educational cooperation with Vietnam and offer more scholarships to Vietnamese students pursuing fields related to innovation and creativity.

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