The event drew Vietnamese Foreign Minister Bui Thanh Son and leaders of Ho Chi Minh City, Hai Phong city and Bac Giang province, as well as representatives from nearly 70 U.S. firms.

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Secretary of Hung Yen Party Committee Nguyen Huu Nghia (second, right) answers questions by U.S. enterprises at the conference.

Secretary of the Hung Yen Party Committee Nguyen Huu Nghia, who accompanied President Vo Van Thuong in his trip there for APEC Leaders’ Week and bilateral activities in the U.S., highlighted potential and advantages of Hung Yen, including favorable location, rich cultural and historical values, dynamic economic development, strong infrastructure system, smooth transportation systems, and abundant and young human resources.

The provincial leader said that Hung Yen's growth strategy is based on three key pillars - industrial development with high, clean, low-carbon and resource efficient technologies; trade-service development with high added values; and urban economic development based on speeding up urbanization and infrastructure completion.

Meanwhile, Chairman of the provincial People's Committee Tran Quoc Van also introduced Hung Yen's strengths in attracting investment.

Speaking to the Vietnam News Agency there, Van said that Hung Yen takes U.S. investors as a great potential for the local socio-economic development.

U.S. enterprises showed their interest in investment attraction policies of Hung Yen, and raised many questions for local leaders.

During this U.S. trip, Hung Yen signed cooperation agreements with four U.S. partners in the fields of semiconductor, high-tech industry, farm produce sale, and waste treatment.

Earlier, at a roundtable connecting Vietnamese and U.S. businesses and localities held in San Francisco on November 15, President Thuong and participants witnessed the exchange of cooperation agreement among the People’s Committee of Hung Yen, SaigonTel, and Allotrope Parts on supporting Hung Yen in reducing net emissions.

Source: VNA