From the visit of US President Joe Biden, there is an opportunity for Vietnam to welcome more FDI “eagles.”


 Tuong Thuy
Thursday, September 7, 2023 09:25 AM (GMT+7)

Mr. David Lewis, Chairman of Texas-based Energy Capital Vietnam (ECV), said that US President Joe Biden’s state visit to Vietnam on September 10-11 will encourage more investment capital flows. foreign direct investment (FDI).

President Biden’s state visit at the invitation of General Secretary Nguyen Phu Trong will further deepen Vietnam – US relations, bringing the two countries’ relationship to stable, substantive and long-term development over all. aspects.

“This is remarkable news and completely consistent with the policy of the Vietnamese Government. Foreign companies have been rushing to Vietnam in an effort to diversify the supply chain. 

Our friends at SaigonTel Company have participated in the relocation of factories of many large companies. Corporations such as Samsung, LG, Apple, Nike and other international companies including: Panasonic, Yamaha, Bosch, GE and HP have moved a lot of production activities to Vietnam, organizing many research and development activities. developed in many places in Vietnam,” Mr. Lewis wrote on ECV’s website from Texas.

Mr. David Lewis, Chairman of Energy Capital Vietnam, at an event in the US.

Mr. Lewis continued: “Elevating relations with the US and Vietnam’s policy of focusing on high-tech development, especially related to semiconductors and artificial intelligence, shows that Vietnam is not just a production center but also an innovation center”.

The President of ECV also appreciated Vietnam’s goal of net zero carbon emissions by 2050. This process prioritizes clean energy and renewable energy such as wind power and solar power. , biomass power and green hydrogen, as well as green production and sustainable and environmentally friendly economic development.

Regarding energy, ECV is a joint stock company specializing in the development of energy and infrastructure projects (including green industrial parks). On July 25, 2023 in Long An province, during the ceremony to announce the provincial planning to 2030, vision to 2050 chaired by Prime Minister Pham Minh Chinh, ECV signed a memorandum of understanding with 4 other companies to cooperate. Invest in Long An.

A 5-party consortium including: ECV, SaigonTel, Allotrope Partners (USA), Chart Industries (USA), Babcock & Wilcock (USA) will jointly build Tan Tap Industrial Park and Nam Tan Tap Industrial Park according to a carbon neutral model, using Circulating energy meets Net-zero industrial park certification appraisal standards according to European – American standards.

These are the first two green industrial parks in the province according to the plan announced on July 25. Accordingly, by 2030, Long An will establish 17 new industrial parks with an additional area of ​​nearly 3,200 hectares, bringing the total number of industrial parks in the province to 51, with an area of ​​12,433 hectares.

In addition, Long An also plans 28 new industrial clusters with a total area of ​​1,808 hectares. 

By 2030, the total number of industrial clusters in the province will be 72 clusters with a total area of ​​3,989 hectares. 

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