Hai Duong creates favorable investment conditions for US investors

Recently, Hai Duong Provincial Party Secretary Tran Duc Thang hosted a meeting with US Ambassador to Vietnam Marc E. Knapper, during the latter's recent working trip in the northern province, which currently hosts 11 FDI projects from US investors, with a total disbursed investment capital of $270 million.

These enterprises have successfully implemented their business strategies and plans while demonstrating a high level of responsibility in complying with legal regulations and engaging in community activities, Mr. Thang remarked, adding that Ford Vietnam is a one of the standout US enterprises in the province.

Mr. Thang also noted that the province has a favorable geographical location. In recent years, the provincial government has actively promoted administrative reforms, creating favorable conditions and providing timely support to resolve difficulties and obstacles for the business community in general and FDI enterprises in particular,  including US companies, thus ensuring their sustainable development.

Hai Duong province possesses many the necessary conditions for investment, including clean land, well-connected transportation infrastructure, a skilled workforce, stable electricity and water supplies, and ensured social security and order. The province always welcomes investors, especially US businesses, to explore investment opportunities, particularly in high-tech industries, Mr. Thang said.

Ambassador Marc E. Knapper affirmed his commitment to further deepening Vietnam and US relations and continuing to pay attention to Hai Duong province both now and in the future.

The US Ambassador also stated that he would continue encouraging U.S. businesses to explore investment opportunities in the province. He noted that US enterprises are particularly interested in localities with strong investment ecosystems, including supportive investment policies, an abundant and skilled labor force, and well-developed infrastructure connectivity.