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Ho Chi Minh City cooperates with Saigontel green alliance to research and invest in building a private sector innovation center.

Truyền hình Thông tấnTruyền hình Thông tấn18/11/2023

On the occasion of the Vietnamese High-Level Delegation attending the APEC 2023 Summit Week, on November 16, 2023, in San Francisco, the Investment Promotion Conference in Ho Chi Minh City took place. At the conference, the Saigontel Green Alliance signed with members of the US Semiconductor, High-Tech and Innovation Association to study investment in building an Innovation Center in the Ho Chi Minh City High-Tech Park.

Under the witness of the President, representatives of the Ho Chi Minh City People's Committee and Saigontel Green Alliance signed a memorandum of understanding to research and build an Innovation Center.

The 2023 Asia-Pacific Economic Cooperation (APEC) Summit Week officially opened on November 11 in San Francisco (California, USA), attracting 21 leaders of Pacific Rim economies and about 30,000 attendees. At the invitation of President of the United States of America Joe Biden, President of the Socialist Republic of Vietnam Vo Van Thuong and a high-ranking Vietnamese delegation attended and coordinated bilateral activities in the United States from November 14 to 17, 2023 .  

Discussion between Leaders of Ho Chi Minh City, Vietnam and US Enterprises

According to the Vietnamese Ministry of Foreign Affairs, APEC is currently the leading economic cooperation and linkage mechanism in the Asia-Pacific region, accounting for 38% of the population, 62% of GDP and nearly 50% of world trade. The theme of APEC 2023 this time is "Creating a resilient and sustainable future for all", focusing on three priorities: "connectivity", "innovation", "inclusion" .

Discussion between Leaders of Ho Chi Minh City, Vietnam and US Enterprises

One of the important activities on the sidelines of APEC is the Roundtable Discussion connecting US businesses and Vietnamese localities organized by the Ministry of Planning and Investment at the JW Marriott San Francisco Union Square Hotel (San Francisco) on November 15, 2023, witnessed by the President, representatives of the Ho Chi Minh City People's Committee and the Saigontel Green Alliance signed a memorandum of understanding to research and build an Innovation Center invested by the private sector in the Ho Chi Minh City High-Tech Park. The Center is expected to include basic components such as: Green Growth Operations Center; Consulting Center on Emission Reduction and Carbon Credit; Human resource training, especially human resources for semiconductor chip and high-tech manufacturing; Center for chip and high-tech development and design; Center for biotechnology, etc.

At the Conference, Mr. Phan Van Mai gave a speech on attracting investment in the high-tech sector of Ho Chi Minh City, and together with the guests witnessed the Saigontel Green Alliance signing with members of the semiconductor, high-tech and innovation association such as Context Labs, Semiconductor Industry Association, Corner Stones Group, E-mobility, Solis Power to attract US businesses that are in need of expanding their business in Vietnam to the Innovation Center proposed by the Green Alliance to invest in the Ho Chi Minh City High-Tech Park. Also here, the World Bank (WB) and the National Small Business Association (NSBA) expressed their trust and interest (with a letter of interest) in participating in the alliance in providing consulting on the implementation of the emission reduction roadmap in localities, and the support of NSBA in implementing the innovation center in Ho Chi Minh City.

Mr. Phan Van Mai - Chairman of Ho Chi Minh City People's Committee witnessed the Saigontel Green Alliance signing with members of the US Semiconductor, High Technology and Innovation Association.

Mr. Phan Van Mai - Chairman of Ho Chi Minh City People's Committee witnessed the Saigontel Green Alliance signing with members of the US Semiconductor, High Technology and Innovation Association.

It is known that the Saigontel Green Infrastructure Development Alliance (referred to as the Green Alliance) includes Saigontel Company of Vietnam with partners Energy Capital Vietnam Company (USA), Allotrope Partners Company (USA) and Maius Company (Switzerland), which are companies with extensive experience in the field of analyzing and consulting on carbon reduction plans, developing clean energy and green infrastructure projects, and attracting green investment capital in the United States and Europe.

Currently, the Alliance has consulted and accompanied many localities such as Thai Nguyen, Hai Phong, Hung Yen, Dong Nai, Long An, and Ho Chi Minh City... on assessing the current situation and aiming to reduce emissions in localities; giving comments on key projects, proposing plans to orient towards net emission reduction; coordinating policy development, implementing emission reduction plans and improving competitiveness; attracting green finance from foreign investors and multinational corporations.   

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