HCM City calls for more investments from US technological groups

Tuesday, 2017-12-12 14:51:08
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Secretary of the Ho Chi Minh City Party’s Committee Nguyen Thien Nhan meets US business representative (Source: VNA)
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NDO/VNA – Nguyen Thien Nhan, Secretary of the Ho Chi Minh City Party’s Committee, has called on US technological groups and companies to expand their investments and cooperation in the city.

He had working sessions with representatives of the leading US technological groups and companies, such as Intel, Allied Telesis, Zoom and Marvell, which are currently investing in HCM City, as part of his visit to the US, on December 11.

Nhan appealed to the businesses to help the Vietnamese southern metropolis to implement projects and programmes on smart urban building and high-tech product development.

At a working session with the 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 the 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 would consider training and employing young, talented and skilled labourers in the locality.

They pledged to create the best possible conditions for the US enterprises, especially in terms of land use tax and human resources.

On December 10, Nhan and his entourage met with lawyers from 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 people who studied in the US and are now working in major US groups and companies, such as Google, Facebook, Yahoo and Wall Mart, in San Francisco.