Vo Van Minh, chairman of the People’s Committee of Binh Duong Province, a neighbor of Ho Chi Minh City, and Jim Pillen, governor of Nebraska State in the United States, signed a memorandum of understanding on Wednesday to bolster investment cooperation and bilateral trade between the two localities.

The signing ceremony was attended by top officials of the two localities, the consul general of the United States in Ho Chi Minh City, and many Vietnamese and American enterprises.

The partnership between Binh Duong and Nebraska is expected to open a wider door for cooperation between Vietnamese firms and American investors, chairman Minh said.

The working delegations of the two localities had several talks and meetings before making the decision to sign a deal to strengthen their collaboration in the future.

Many major American firms have invested in Binh Duong, making the United States one of the province’s 10 biggest investors.

Potential for economic cooperation between the province and America remains high, heard the event.

At the event, the Eastern International University and the University of Nebraska – Ohama inked a deal to develop education and technical science.

Binh Duong Province has been cooperating with the United States, South Korea, the Netherlands, and Japan to seek solutions to smart city development and production model transformation.

The southern province attracted US$974 million in foreign investment, including 44 new projects and 22 operation ones with additional capital.

Like us on Facebook or follow us on Twitter to get the latest news about Vietnam!