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HCM City calls on US firms to boost investment

Ho Chi Minh City is prioritising foreign investment into projects on urban infrastructure and environment treatment, said Permanent Vice Chairman of the municipal People’s Committee Le Thanh Liem on December 13.

At a working session with representatives of the American Chamber of Commerce in Vietnam, the official further said authorities of the southern hub also hope the US business community will take an active part in investing in and providing technical support for the city.

Liem elaborated that HCM City authorities are prioritising foreign investment into projects on smart city, innovative city, waste and effluent treatment, and urban infrastructure, and asked the US business community to contribute ideas to the acceleration of the relations between the city and the US.

For her part, Chairwoman of the chamber Amanda Rasussen said her organisation’s members highly value efforts by the municipal authorities in renovating the management methods and reforming administrative procedures, adding that they hope to help the city solve urban issues.

At the session, representatives of the US firms held that HCM city is very attractive to many investors, including those from the US, and proposed that municipal authorities should prioritise the upgrade and completion of the transport infrastructure.

As for the waste treatment, they said they can provide high-tech services but the city needs to work out and apply effective measures to classify wastes right at the source. Besides, they also hoped for a clear, transparent and open legal system to facilitate foreign investors./
VNA/VNP

Key Party leader calls for effective implementation of policies to drive Da Nangs sustainable development

Key Party leader calls for effective implementation of policies to drive Da Nang’s sustainable development

Politburo member and Standing Member of the Communist Party of Vietnam (CPV) Central Committee’s Secretariat Tran Cam Tu on October 12 called for stronger policy implementation, administrative reform and more effective mobilisation of development resources to help Da Nang city achieve rapid and sustainable growth and improve people’s living standards.

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