Opportunities to strengthen Vietnam trade relations
Báo Thanh niên•13/03/2024
On March 12, US Ambassador to Vietnam, Marc Knapper, announced the organization of a delegation to attend the 10th SelectUSA Investment Summit taking place from June 23-26 in Washington, DC.
US Ambassador to Vietnam Marc Knapper at the announcement of the delegation to the 10th SelectUSA Investment Summit
Since its inception, SelectUSA has attracted thousands of international companies and generated more than $98 billion in new investment projects through its “one-stop” platform, designed to connect qualified foreign companies and investors with U.S. economic development organizations (EDOs) - agencies representing state and local governments in all 50 states and territories across the United States. The SelectUSA Investment Summit is an annual event that aims to establish a network of businesses, call for investment, through meetings with economic development experts, service providers and government leaders on an online platform, helping businesses meet partners and find suitable investment opportunities in the United States. Mr. Stephen Green, Commercial Counselor of the U.S. Embassy in Hanoi, shared that the United States is the world's largest consumer market and is a great choice for any Vietnamese company that wants to expand globally. “Over the four days of the SelectUSA Investment Summit, companies can efficiently connect and gather the information they need to begin the process of growing their business in the United States, everything they need to know is here! Last year, the U.S. Mission to Vietnam brought 30 business representatives looking to do business in the United States to attend this summit,” said Mr. Green. The United States has been ranked as the number one global destination for foreign direct investment (FDI) for more than a decade and currently receives more FDI than any other country in the world. The 10th SelectUSA Investment Summit is an opportunity to continue to promote the momentum of the U.S.-Vietnam Comprehensive Strategic Partnership. It is also a welcome initiative to strengthen trade relations between the two countries.
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