At the meeting between Secretary of the municipal Party Committee Nguyen Van Nen and US Deputy Secretary of State Wendy Sherman (Photo: VNA) Nen stressed that the bilateral relationship hasmade significant strides across spheres, adding that the US is now Vietnam’s 11th biggest investor with more than 1,100 projects worth 10.47 billion USD as ofApril.
Despite the COVID-19 pandemic, the US remained thebiggest importer of Vietnam in 2020-2021. Vietnam has also emerged as the 9th largest trade partner of the US.
The US is also HCM City’s leading trade partner,with two-way trade reaching some 9 billion USD. The US is the 10th biggest investor in the city with more than 500 projects valued at around 1.2billion USD.
Additionally, the US is a potential andimportant partner in such spheres as high-tech, smart city building, finance, healthcare, education, and high-quality personnel training, he said.
HCM City welcomes US investors, especially inhigh-tech, smart city building, health care, finance, infrastructure andrenewable energy, he said, pledging that local authorities will create optimalconditions for foreign investors, including those from the US, to operate inthe city.
For her part, Sherman expressed her delight atcooperation and mutual support between Vietnam and the US during the pandemicspread in the two countries.
The US welcomes the Vietnamese government’s policyof clean energy transition, which will help the country achieve its commitmentsto net zero carbon emissions by 2050, she noted.
US firms want to pour more investments in Vietnam,particularly in renewable energy, digital transformation, digital economy andeducation, she continued.
The Deputy Secretary suggested the two countriesroll out specific cooperation activities in the time ahead, especially inenergy, environment, high-tech and education./.
VNA
