California delegation studies investment environment in Long An

Wednesday, 09/08/2023 10:51
A delegation from the US’s California state including representatives from the San Francisco Bay Area Council and the Vietnamese-American Business Association (VABA), led by Mayor of Oakland Sheng Thao, paid a working visit to Long An province on August 8.
Secretary of the provincial Party Committee Nguyen Van Duoc presents souvenir to Mayor of Oakland Sheng Thao (Photo: VNA)

She expressed her hope that through the visit, the delegation will learn about investment environment and further tighten cooperative relations between the two localities, especially between the Port of Oakland and Long An international port.

Speaking at the working session, Secretary of the provincial Party Committee Nguyen Van Duoc said since the establishment of Vietnam-US diplomatic relations on July 12, 1995 and the bilateral comprehensive partnership on July 25, 2013, the two countries have built a partnership and friendly relationship based on shared interests, mutual respect and people-to-people ties.

He said that the delegation’s visit reflects the trust that the US partners place on Long An, considering it as a safe, stable and thriving investment destination.

Long An wishes to continue expanding a sustainable cooperative relationship with US investors, he said.

According to the provincial People’s Committee, the US now ranks sixth among around 40 countries and territories investing in Long An, with 23 projects worth over 484 million USD, mostly in the fields of environment, packaging production, pharmaceuticals, toys, apparel, factory leasing.

On the occasion, a Memorandum of Understanding on cooperation in port exploitation was signed between the Long An international port and the Port of Oakland./.

BTA

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