80TH Anniversary August Revolution and National Day
Log in
Econ

Hanoi promotes ties with Los Angeles

U.S. companies are showing increasing interest in the opportunities created by Hanoi's development.

Hanoi and the US Embassy in Vietnam will work to strengthen ties between the capital city and Los Angeles, according to a meeting between Hanoi People's Committee Chairman Tran Sy Thanh and US Ambassador to Vietnam Marc E. Knapper in Hanoi today [March 12].

 Chairman of the Hanoi People's Committee Tran Sy Thanh and US Ambassador to Vietnam Marc E. Knapper. Photo: The Hanoi Times

This is also one of the cooperation activities with Hanoi mentioned by Ambassador Marc E. Knapper, who underscored the US's willingness to strengthen cooperation with the city in several areas of American strength that the capital has prioritized for its development, such as assessing and improving air quality, addressing environmental pollution, and developing tourism.

The ambassador said American businesses, researchers and education experts are increasingly interested in Hanoi. One example is the cooperation between the US government and the National Innovation Center in Hanoi's Hoa Lac Hi-tech Park. 

He stressed that more American companies will land in Hanoi, especially in the fields of innovation, high technology and education.

The two sides have also achieved new successes in people-to-people exchanges through high-profile events such as the US-Vietnam Friendship Festival in Hanoi, which the ambassador said was well recepted by the city's residents.

The ambassador hopes to continue this event throughout the year, as well as the upcoming BridgeFest music festival, with the goal of connecting and promoting diversity and cultural exchange. He also expressed his expectation that these plans will be supported by the Hanoi authorities.

He said Vietnam-US relations have reached important milestones, including the upgrading to a comprehensive strategic partnership during US President Joe Biden's visit to Vietnam last year. Cooperation between localities, as well as between US partners and Hanoi, lays a strong foundation for bilateral relations between the two countries.

"These achievements were made possible thanks to the significant contribution of the Hanoi City Government," said Ambassador Knapper.

Knapper thanked the city government for facilitating the construction of the Embassy building during the visit of the US Secretary of State last year. He affirmed that the project, once completed, will become a symbol of the relationship between the two countries.

Chairman of the Hanoi Municipal People's Committee, Tran Sy Thanh, said the city has always provided favorable conditions for Vietnamese-American cooperation projects. He expressed confidence that the embassy compound project will be completed soon and become one of the significant symbols in the relations between the two countries.

Hanoi welcomes and encourages American businesses and professional partners to explore the investment environment, expand business opportunities, and seek solutions to urban challenges, Thanh stressed. 

At the same time, he expects the US ambassador to become a bridge for potential American partners and companies looking to do business in Hanoi, as well as promote sisterhood between Hanoi and Los Angeles.

The mayor also said that cultural exchanges and people-to-people contacts are among the priorities for the development of relations between the two sides. Hanoi is ready to create conditions for cultural, musical and artistic events as suggested by the ambassador.

Hanoi will keep in touch with the US city to update and coordinate on related issues for the signing of memoranda of understanding and move towards signing agreements in the near future, Thanh said.

Reactions:
Share:
Trending
Most Viewed
Related news
Real estate firms sell bonds worth $402 million in May

Real estate firms sell bonds worth $402 million in May

Real estate companies have raised $862 million from bond issuance in April and May, thanks to an improved business environment and better access to funding.

Vietnam unveils new strategies to boost domestic market, aid businesses

Vietnam unveils new strategies to boost domestic market, aid businesses

As global trade uncertainties grow, Vietnam sees the domestic market not only as a key consumption driver but also a “lifeline” for businesses hit by protectionist export barriers.

Vietnam eyes US tilapia export boost as global supply falls

Vietnam eyes US tilapia export boost as global supply falls

Vietnam aims to increase tilapia output to 400,000 tons by 2030, making it the second-largest freshwater export species after pangasius.

Vietnam’s enterprises must act fast to weather US tariff shock: Experts 

Vietnam’s enterprises must act fast to weather US tariff shock: Experts 

Many of the key Vietnamese exports, such as wood products, electronics, and textiles, that are not on the US exclusion list could face steep tariffs.

Vietnam's mobile money pilot program extended to end of 2025

Vietnam's mobile money pilot program extended to end of 2025

Mobile Money, launched by the Ministry of Science and Technology, differs from e-wallets by linking users’ payment accounts directly to mobile phone numbers.

Vietnam taps innovation, global ties to elevate national brand

Vietnam taps innovation, global ties to elevate national brand

Vietnam is intensifying efforts to enhance its national brand, leveraging innovation, global partnerships, and strategic policies to bolster its global competitiveness and market presence.

Vietnam extends US$3.9 billion loan package for agro-forestry-fisheries

Vietnam extends US$3.9 billion loan package for agro-forestry-fisheries

The government has expanded the scope and scale of the credit program for the sectors which brought about US$62.4 billion worth of exports in 2024.

Vietnamese public shows rising satisfaction in 2024 PAPI survey

Vietnamese public shows rising satisfaction in 2024 PAPI survey

The 2024 PAPI survey found increasing citizen satisfaction with governance, but highlighted persistent administrative challenges, climate vulnerability, and gaps in access to public services.