Chairman of the Provincial People's Committee Nguyen Duc Trung received and worked with a delegation of US businesses.

The delegation members include: Sean Lam - Chairman of Cross Border Ventures; Hao Chen - Vice Chairman of Capital Bank; Jason Liang - Founder of Big Box Retailer; Lui Xu Lin - Assistant to the Chairman of Fujian Liyuan Texlite Textile Company; Jill Martin - Chairman of North American University; Nguyen Trung Kien - Country Director of the US-Asia Chamber of Commerce.

Also participating in the reception, on the provincial leadership side, there were comrade Bui Thanh An - Member of the Provincial Party Standing Committee, Vice Chairman of the Provincial People's Committee; leaders of departments, branches,Vietnam Federation of Commerce and Industry - Nghe An Branch.

Ms. Cindy Shao - President of the US-Asian Chamber of Commerce expressed her joy at coming to Vietnam for the first time, as well as Nghe An province, and emphasized that this is a great opportunity for the US-Asian Chamber of Commerce in general and its members to have the opportunity to connect with investors in Nghe An province.

The President of the US-Asia Chamber of Commerce said that the relationship between Vietnam and the United States has been upgraded to a Comprehensive Strategic Partnership, which is a great opportunity for the parties to continue to work closely, closely, and cooperate more effectively. Hopefully, in the future, more member businesses will come to Nghe An province to seek investment cooperation opportunities.

Chairman of the Provincial People's Committee Nguyen Duc Trung was pleased to welcome Ms. Cindy Shao - President of the US-Asia Chamber of Commerce and members to visit, work, survey and seek investment opportunities in Nghe An.

The Chairman of the Provincial People's Committee also expressed his gratitude to the US-Asia Chamber of Commerce for the thoughtful reception and effective organization of the working program of the Nghe An province delegation during their visit and work in the United States in November 2023.

The delegation's working trip to Nghe An aims to concretize the commitment of the President of the US-Asian Chamber of Commerce to come to Nghe An to survey and seek investment opportunities with a clear goal and a reasonable and effective working schedule. The fields that the US-Asian Chamber of Commerce member enterprises are very suitable for the conditions and investment attraction orientation of Nghe An province.

Providing an overview of the socio-economic situation of Nghe An province in recent times, Chairman of the Provincial People's Committee Nguyen Duc Trung emphasized that Nghe An is located in the center and is identified by the Central Government as the economic and cultural center of the North Central region.

Nghe An has many favorable conditions in terms of natural conditions, population, and connecting infrastructure. In recent years, the province has made progress in implementing socio-economic development tasks.

In particular, after a period of preparation, Nghe An has gradually become a locality with positive investment attraction results in Vietnam. In the past 2 years, Nghe An has ranked in the top 10 nationwide in terms of FDI attraction results. To date, the province has attracted 137 FDI projects from 14 countries and territories with a total capital attraction of over 4.2 billion USD.

The fields that the province attracts are quite diverse, mainly focusing on the production of electronic components and equipment; production of optical equipment, new materials in the field of new energy; production of leather, footwear, and textiles.

To achieve this result, the province has prepared conditions for planning, connecting infrastructure, industrial park land, human resources, and supporting procedures for investors. In particular, the province has 3 capable and professional industrial park infrastructure investors who have implemented synchronous investment in industrial park infrastructure, ensuring convenience for investors to implement projects.

Nghe An provincial government always determines that accompanying, supporting, and creating the most favorable conditions for investors when coming to Nghe An is an important task, in the spirit of service from the research and survey, implementing procedures until the project is stable. Nghe An is interested in issuing special mechanisms and policies by the Central Government, creating favorable conditions for Nghe An to develop and for investors when coming to invest in the province.

Assessing the trade and investment relations between Nghe An enterprises and US partners, the Chairman of the Provincial People's Committee said that they are still modest and not commensurate with the potential.

In 2023, the total import and export turnover of enterprises in Nghe An and US partners will reach 267.9 million USD. Of which, exports will reach 242.7 million USD and imports will reach 25.2 million USD. Regarding investment, Nghe An province currently has 2 FDI projects invested by US enterprises with a total registered capital of 7.5 million USD.

Through the delegation's working trip to Nghe An and the exchanges between the two sides in the United States in November 2023, Chairman of the Provincial People's Committee Nguyen Duc Trung hopes to promote and strengthen connections, trade and investment activities, and gradually improve to further enhance the cooperative relationship between US businesses in general and businesses belonging to the US-Asia Chamber of Commerce with Nghe An.

Nghe An province has identified priority areas for attracting investment in which US-Asian Chamber of Commerce enterprises have strengths, such as: Semiconductor industry, manufacturing industry, new material production, new energy, finance, training, and improving the quality of human resources. Through connection activities, it will promote effective cooperation between Nghe An enterprises and US-Asian Chamber of Commerce enterprises.

Chairman of the Provincial People's Committee Nguyen Duc Trung also highly appreciated the role and contributions of Ms. Cindy Shao - President of the Asian-American Chamber of Commerce in affirming and enhancing the position of the Asian business community in economic activities, as well as enhancing the cultural values ​​of Asians in the United States.

The beginnings of the working trip will create a long-term journey in the cooperation relationship in all fields between Nghe An province and the enterprises of the US-Asia Chamber of Commerce. Nghe An province is always ready to create the most favorable conditions for member enterprises to have the opportunity to learn, research, survey, and connect investment in the province. Wishing the delegation a successful working trip in Vietnam in general and in Nghe An in particular, with many favorable results.

At the meeting, member enterprises of the US-Asia Chamber of Commerce expressed their impression of the development of Vietnam in general and Nghe An province in particular; at the same time, they felt the synchronization and modernity of the Industrial Parks in the province and expressed their desire to connect investment opportunities and contribute to the development of Nghe An province.

Chairman of the Provincial People's Committee Nguyen Duc Trung expressed his joy and felt the deep interest of the delegation members in the opportunities to tighten and further strengthen the cooperative relationship between the US-Asia Chamber of Commerce and Nghe An province.

Comrade Nguyen Duc Trung believes that a good start will bring good results in the coming time on the relationship between the parties. In the coming time, he hopes to continue to welcome the delegation to visit and work in Nghe An and bring many good results to Nghe An.