Da Nang to boost connections, trade with US investors: Party official
The central coastal city of Da Nang hopes to boost links and promote trade with US investors and enterprises, affirmed Secretary of the municipal Party Committee Nguyen Van Quang while receiving visiting US Ambassador to Vietnam Marc E. Knapper on April 22.
Secretary of the Da Nang Party Committee Nguyen Van Quang (second from right) receives Marc E. Knapper, US Ambassador to Vietnam. (Photo: baodanang.vn)
Da Nang (VNA) – The central coastal city of DaNang hopes to boost links and promote trade with US investors and enterprises,affirmed Secretary of the municipal Party Committee Nguyen Van Quang whilereceiving visiting US Ambassador to Vietnam Marc E. Knapper on April 22.
Quang asked the diplomat to facilitate US investment intourism and services, IT and finance in the city.
Knapper praised Da Nang’s attraction to investors and statedthe embassy wants to coordinate with municipal authorities in luring investmentin the city.
On the same day, Knapper’s delegation met with StandingVice Chairman of the municipal People’s Committee Ho Ky Minh, who outlined thecity’s tourism recovery.
Knapper expressed his focus on a project to build a regionalfinancial centre in Da Nang. When the project begins, US financial and ITbusinesses will eager to channel their capital into the city, he said.
Also on April 22, the US Department of Agriculture (USDA)’sForeign Agricultural Service, together with the American Chamber of Commerce inDa Nang, held an expo on US food and beverages to introduce them to the localbusiness community.
According to Knapper, Vietnam is currently the 8th largestexport market for US food and farm produce, while the US is Vietnam's biggestexport market. Bilateral agricultural trade more than doubled from 4 billionUSD in 2011 to 9 billion USD in 2021.
Statistics of the Da Nang Department of Foreign Affairsshowed that the US is currently ranked 3rd among more than 50 countriesinvesting in the city, accounting for about 16 percent of the total registeredcapital. Currently, US investors and joint ventures are operating 61 projects worth700 million USD in Da Nang.
The central economic hub has so far signed pacts to set upan official cooperation relationship with three US cities – Oakland (California),Pittsburgh (Pennsylvania), and Houston (Texas)./.
Trade profits as well as investment opportunities for Da Nang in the US were featured at a conference held in the central coastal city on September 28.
Representatives of foreign invested enterprises and business associations in the central city of Da Nang have made a number of proposals to the city on measures to recover production, one of which is to speed up COVID-19 vaccination for workers, in the hope of quickly resuming full production.
The central city of Da Nang has taken the top position in the Vietnam Tourism Competitiveness index (VTCI), according to the city’s Department of Tourism.
The Party and State of Vietnam always attach great importance to and give top priority to the development of Vietnam–China relations. Vietnam is ready to work with the Chinese Party and State to further deepen the Comprehensive Strategic Cooperative Partnership and promote the building of the Vietnam-China community with a shared future that carries strategic significance.
Under the leadership of President Ho Chi Minh and the CPV, President Cuong said, the press has been a steadfast force on the ideological and cultural front, rallying the masses to pursue national aspirations.
NA Chairman Tran Thanh Man stressed the need to accelerate the application of artificial intelligence and smart teaching equipment, innovate teaching and assessment methods, and further improve the quality of formal education.
He also pledged that the NA will promote its ongoing supervision, making sure that every promise must lead to results, and every commitment must bring about real changes.
Minister of Industry and Trade Nguyen Hong Dien welcomed the proposals put forward by the US side and reiterated Vietnam’s request for consideration of key areas of interest, including reciprocal tariff policies and access for Vietnamese key export products to the US market.
Deputy PM Le Thanh Long proposed countries promote shared values, including building trust, sincerity, and solidarity among nations and peoples; fostering cooperation spirit and responsible behaviour as well as upholding international law and the UN Charter; and placing people at the centre and as the goal, the key player, and the driving force of all policies.
The show, together with a grand parade to be held silmutaneously at Ba Dinh Square in Hanoi, will celebrate the 80th anniversary of the August Revolution, the National Day, and the General Staff of the Vietnam People’s Army (VPA).
In particular, in April 2023, the two sides successfully carried out a joint operation that dismantled a major organised, transnational drug trafficking ring involving both Vietnamese and Cambodian suspects.
The Vietnamese Embassy in Israel is closely coordinating with relevant local agencies to stay informed and provide the utmost support possible for Vietnamese nationals.
The launch of Thanh Nien (Young People) newspaper in 1925, even before the founding of the Communist Party of Vietnam, is considered a testament to President Ho Chi Minh’s strategic foresight and strong belief in the guiding power of the revolutionary media.
New Zealand is currently one of Vietnam’s most important partners in the region, marked by a high level of political trust, strong and reliable defence and security cooperation, and increasingly open economic, trade, and investment ties.
Party General Secretary To Lam stressed that the Central Public Security Party Committee must be fully aware of the extremely important role of the People's Public Security force in the country's new revolutionary phase, so as to guide each branch and level of the force as the nation undergoes transformation.
Addressing concerns over university education spending, Son explained that as public universities gain greater autonomy, the Ministry of Finance has scaled back recurrent state funding. “Over the past decade, as autonomy has increased, the State's support has steadily declined”, he noted
Lao Minister of Foreign Affairs Thongsavanh Phomvihane affirmed that the presence of Vietnamese press offices in Laos vividly demonstrates the great friendship, special solidarity, and comprehensive cooperation between the two nations, as the press is not only a means of communication but also an important bridge for spreading consciousness about the history, values, and strategic depth of the Laos – Vietnam relationship to the people of both countries and the international community.
The country is willing to participate in collective efforts to promote cooperation and mobilise resources to advance the current priority issues of developing countries, such as trade, investment, infrastructure connectivity, making the most of scientific and technological advances for development, and people-to-people exchanges, Hang said.
During the negotiations, the US highly evaluated Vietnam’s goodwill and efforts, affirmed its appreciation for the bilateral relationship, acknowledged Vietnam’s proposals and concerns, and considered these an important basis for continuing discussions and moving towards a final agreement.
The Chairman stressed the need for stricter fiscal discipline, faster digital transformation, and more efficient management of State budget revenues and expenditures.