Vietnam - US sign many technology and energy agreements
Báo Lao Động•24/09/2024
General Secretary and President To Lam witnessed the handover ceremony of documents signed between Vietnamese and American businesses.
General Secretary and President To Lam witnessed the signing of a cooperation agreement in the fields of AI, semiconductors and data center construction in Vietnam between Vietnam's Sovico Group and the US's SuperMicro Group. Photo: VNA On the afternoon of September 23 in New York, the US, General Secretary and President To Lam attended a business seminar organized by the US-ASEAN Business Council (USABC), the US Chamber of Commerce (USCC) and the Business Council for Common Understanding (BCIU) in coordination with the Ministry of Planning and Investment and the Vietnamese Embassy in the US. Speaking at the seminar, General Secretary and President To Lam said that he felt the energy and enthusiasm of the US business community to jointly promote the expansion of investment cooperation activities with Vietnam in the coming time, and at the same time hoped that US businesses would continue to strive to become the largest investors in Vietnam, promoting advantages, taking advantage of opportunities based on a relationship of equality, mutual respect and mutual benefit to match the Vietnam-US Comprehensive Strategic Partnership. General Secretary and President To Lam speaks. Photo: VNA The General Secretary and President requested relevant ministries, branches and agencies of the two countries to continue to concretize the major policies and orientations of the bilateral comprehensive strategic partnership; promptly support and handle difficulties and problems of investors; continue to implement solutions to improve the investment and business environment in an open and transparent manner. The General Secretary and President also hopes that the US government will promote and encourage US businesses to increase investment in Vietnam, while creating conditions and continuing to support Vietnamese investors to expand their investment and business activities effectively, especially projects in the fields of science, technology and innovation. The General Secretary and President hopes that US investors will research and expand investment in sectors and fields such as science, technology, innovation, research and development; green economy, digital economy, circular economy, knowledge economy; Developing the chip industry, semiconductors, artificial intelligence (AI), Internet of Things (IOT); new energy, renewable energy; finance, financial centers; biotechnology, healthcare... The General Secretary and President also hopes that US investors will continue to support the US Government to soon recognize Vietnam as a market economy, thereby creating favorable conditions for businesses of both sides to cooperate in investment and business. The General Secretary and President witnessed the signing ceremony of the agreement between PTSC and Excelerate Energy. Photo: VNA On this occasion, the General Secretary and President witnessed the handover of documents signed between Vietnamese and US enterprises. According to VNA, the signed documents include: Cooperation agreement on energy transition and research on technology transfer in the energy sector between the Vietnam National Oil and Gas Group (PVN) and Kellogg Brown & Root Company; Memorandum of Understanding on research and provision of software solutions in the electricity and oil and gas sectors between PVN and GE Group; Cooperation agreement in the field of liquefied natural gas (LNG) between the Vietnam Petroleum Technical Services Joint Stock Company (PTSC) and Excelerate Energy Company; Memorandum of Understanding in the field of AI, semiconductors and construction of data centers in Vietnam between Sovico Group and SuperMicro Group; Cooperation agreement in the field of aviation between Vietjet Air and Honeywell Company; Cooperation agreement in the field of natural gas production between Wealth Power Group Vietnam and representatives of Eternal Natural Resources Company.
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