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Hai Phong officials tour US to lure investors
A delegation of the Hai Phong port city led by Nguyen Van Thuan, Secretary of the municipal Party Committee and Chairman of the municipal People’s Council, arrived in New York on Oct. 16 for a trade and investment promotion tour to the US .
During its stay in New York , with assistance from the Vietnam Parners LLC organisation, the delegation cooperated with the Vietnamese mission to the United Nations to hold a seminar on “Investment in Hai Phong”.
Speaking at the seminar, the head of the Vietnamese mission, Ambassador Le Luong Minh, briefted the participating US businesses on Vietnam ’s situation, policies and achievements in socio-economic development.
He stressed the stability and security in the country and affirmed Vietnam ’s determination to maintain macro economic balance as well as its consistent policy to create favourabvle conditions for foreign businesses and investors in Vietnam .
Chairman Thuan and other Hai Phong officials highlighted the city’s advantageous geographical location and favourable economic and social conditions. They particularly emphasised the city’s socio-economic development strategy and the policy to encourage foreign investment.
Hai Phong has maintained an annual economic growth rate of 12.8 percent over the past 10 years. It has attracted over 2 billion USD in investment from 25 countries and territories, Hai Phong officials said.
They also provide information about local projects calling for foreign investment in infrastructure construction, development of biosphere areas and hotels.
US businesses paid much attention to Hai Phong’s regulations on investment and investment environment. They also expressed their hope to cooperate with the city in industries using modern technology, including waste water treatment for industrial zones and golf courses and production of clean natural gas.
During the visit, the Hai Phong delegation also hold a talk with a number of Philadelphia-based Vietnamese businesspeople of Hai Phong origin.
VNA
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