U.S. wants to help HCM City attract foreign investment

VGP - Secretary of the HCM City Party Committee Nguyen Thien Nhan in Ha Noi on June 21 received former U.S. Secretary of State John Kerry.

June 22, 2017 11:33 AM GMT+7

Secretary of the HCM City Party Committee Nguyen Thien Nhan receives former U.S. Secretary of State John Kerry, Ha Noi, June 21, 2017

At the receiption, Nguyen Thien Nhan, who is also a Politburo member and President of the Viet Nam Fatherland Front Central Committee, expressed his hope that the former Secretary of State, with his experience and prestige, will continue to contribute to the relations between two countries.

The Vietnamese Government is focusing on improving the investment environment, he said, noting that Ho Chi Minh City plans to soon finalise a plan on one-stop mechanism better serve investors.

The city also aims to become a financial centre and wants the U.S. to provide more assistance in this field, he said.

He appreciated the work of Kerry over the past 10 years for the Fulbright University Viet Nam (FUV), and promised to study the school’s location at the Saigon Hi-tech Park before giving an official reply on his proposal on the university’s dormitory.

In turn, former U.S. Secretary of State John Kerry said he wants to assist Ho Chi Minh City in attracting foreign investment

Kerry suggested the city improve transparency of the governance mechanisms to enhance investors’ trust.

He also affirmed his readiness to cooperate with the southern economic hub to build a smart city.

Mentioning the Fulbright Viet Nam University, which is located in the Hi-Tech Park of Ho Chi Minh City, Kerry asked Secretary Nhan to support the building of accommodations for students in the Hi-Tech Park.

By Vien Nhu