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Ho Chi Minh City seeking more US investors: Party chief

Ho Chi Minh City is always ready to welcome American investors and businesses, Dinh La Thang, secretary of the municipal Party Committee, told U.S. Ambassador to Vietnam Ted Osius on Thursday.

Dinh La Thang (R), secretary of the Ho Chi Minh City Party Committee, talks with U.S. Ambassador to Vietnam Ted Osius on April 14, 2016.
Tuoi Tre

Thang does not mind if he has to "welcome friends, businesses, and investors from the U.S. on a daily basis," no matter how many, he told the ambassador at a reception.

He hopes that Ambassador Osius will help encourage American businesses to come to Ho Chi Minh City, elevating the U.S. to the role of Vietnam's and the city's biggest investor.
Ambassador Osius said he is impressed by the commitment Thang made at a recent meeting with the business community to create a transparent investment environment in the southern metropolis.

The U.S. diplomat expressed his hope that President Barack Obama will see the potential of Ho Chi Minh City and the opportunity for economic cooperation between the two countries, both members of the Trans-Pacific Partnership trade agreement, when he sits Vietnam next month.

Thang supported the idea, saying he also hopes the visit will boost the bilateral ties between the two nations.

The Party chief added Vietnam-U.S. relations are rapidly developing, particularly after a U.S. visit by Vietnamese Party General Secretary Nguyen Phu Trong in August of last year.

Ambassador Osius also thanked the municipal administration for their support in implementing the establishment of Fulbright University Vietnam in Ho Chi Minh City.
In response, Thang asserted that Fulbright University Vietnam is one of the key projects in Vietnam-U.S. comprehensive partnership.

"I hope the project will help Ho Chi Minh City, and Vietnam, create a workforce with access to international standards and contribute to the sustainable development of the two countries' ties," Thang said.

At the end of the reception, Thang called for support from Ambassador Osius on some particular issues including asking the U.S. government for continued support for Vietnam's infrastructure development and calling on President Obama to recognize the Southeast Asian country as a full market economy.

Thang continued to ask for U.S. support in fighting the drought and salinization crisis in the Mekong Delta.

"The U.S. government will bring happiness to millions of households and people for helping Vietnam deal with such crisis," Thang said.

Tuoi Tre


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