HCM City calls for more investments of US technological groups

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.
HCM City calls for more investments of US technological groups ảnh 1Secretary of the Ho Chi Minh City Party’s Committee Nguyen Thien Nhan meets US business representative (Source: VNA)
Hanoi (VNA) – Nguyen ThienNhan, Secretary of the Ho Chi Minh City Party’s Committee, has called on UStechnological groups and companies to expand their investment and cooperationin the city.

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

Nhan appealed to the businesses to help the Vietnamese southern metropolisimplement projects and programmes on smart urban building and high-tech productdevelopment.

At a working session with Allied Telesis Group based in Silicon Valley in SanFrancisco, the two sides discussed technological solutions to urban managementand high-tech infrastructure service development.

On this occasion, Le Hoai Quoc, head of the management board of the SaigonHigh-tech Park (SHTP) handed over an investment licence to representatives ofAllied Telesis and Quantus Corporation to implement a project on building alife science research and development institute and a high-tech hospital in thecity.

The HCM City leaders expressed their hope that the investors will considertraining and employing young, talented and skilled labourers in the localitythrough 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 whostudied in the US and are now working in major US groups and companies like Google,Facebook, Yahoo and Wall Mart in San Francisco.-VNA




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