HCM City increases trade ties with foreign partners

Businesses in Ho Chi Minh City have been offered a chance to study the investment and settlement policies and opportunities in the US, especially in Vermont.
Businesses in Ho Chi Minh City have been offered a chance to study the investment and settlement policies and opportunities in the US, especially in Vermont.

At a July 8 seminar co-hosted by the Vietnamese Consulate General in San Francisco and Vermont , and the Vietnam Chamber of Commerce and Industry’s Ho Chi Minh City branch, experts introduced investment programmes and projects that meet Vietnamese businesses’ demands.

Vietnamese investors also met legal consultants to learn about investment environment and cooperation opportunities in the US .

Over the past time, the US ’s trade and investment activities have positively contributed to HCM City ’s economic development. By the end of the second quarter of 2014, the country had had 285 projects worth nearly 525 million USD, ranking 12 th among foreign investors in the city.

In the first half of this year, many US multinational companies sought investment opportunities in Vietnam and HCM City in particular, mainly in the fields of information technology and education.

The same day, a Vietnam-Thailand business forum took place in the city with the aim of promoting bilateral cooperation in potential areas such as foodstuff, beverages, healthcare services, tourism, restaurant and hotel services.-VNA

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