On the afternoon of September 21 (local time) in New York City, USA, Prime Minister Pham Minh Chinh met and worked with leading US corporations and witnessed the signing of cooperation to promote Green Growth by the group of Vietnamese-American investors (Saigontel Green Infrastructure Development Alliance).

On the Senior week of the 78th United Nations General Assembly in New York City, USA, n the afternoon of September 21 (local time), Prime Minister Pham Minh Chinh had a meeting with leaders of several leading US and global corporations in high-tech and renewable energy sectors, including Apple, Boeing, Google, Microsoft, SpaceX, Pacifico Energy, and the Saigontel Green Infrastructure Development Alliance group...

Prime Minister Pham Minh Chinh met with Mr. Nick Ammann, Vice President in charge of Global Government Affairs at Apple Inc

At the meeting, Prime Minister Pham Minh Chinh warmly welcomed and highly appreciated the positive contributions of U.S. Corporations to Vietnam's socio-economic development. He also acknowledged their commitment to cooperation and creating favorable conditions for Vietnamese enterprises to participate in regional and global value chains and supply chains.

Prime Minister Pham Minh Chinh stated that Vietnam is implementing its Economic-Social Development Strategy for the 2021-2030 period with a vision towards 2045, aiming to become a developed country with high income based on science and technology, green growth, innovation, and a focus on sustainable economic development. To achieve this goal, Vietnam prioritizes selective and strategic foreign investments, giving preference to projects in science and technology, innovation, green economy, digital economy, and circular economy, among others. Additionally, the Vietnamese government is committed to working alongside and creating favorable conditions for U.S. corporations to invest effectively in Vietnam, thereby opening up numerous opportunities for investment and trade cooperation between the business communities of both countries.

Prime Minister Pham Minh Chinh witnessed the exchange of cooperative documents between Vietnamese agencies, localities, and businesses with their counterparts in the United States.

In addition, to realize the statement of General Secretary Nguyen Phu Trong and President Biden on elevating bilateral relations to the highest level of a comprehensive strategic partnership with economic development as the nucleus, during his attendance at the UN General Assembly, Prime Minister Pham Minh Chinh witnessed the signing of 5 agreements on investment cooperation between Vietnamese agencies, localities, and businesses and their counterparts in the United States.

In particular, the Saigontel Green Infrastructure Development Alliance has signed an agreement to support the promotion of the Green Growth strategy in Vietnam. The city of Hai Phong is one of the signatories, aiming to implement the decision No. 888/QD-TTg dated July 25, 2022, by the Prime Minister, following the 26th meeting of the parties to the United Nations Framework Convention on Climate Change.

The Saigontel Green Infrastructure Development Alliance consists of companies with extensive experience in carbon reduction planning and analysis, clean energy project development, and green infrastructure. They specialize in attracting green investments from the United States and Europe.

The Alliance has previously been involved in consulting and collaborating with various localities such as Dong Nai and Long An provinces. They have assessed the current emissions status and worked towards emission reduction strategies in these regions. They have also identified key projects, proposed emission reduction plans, and assisted in policy development. Additionally, they have helped attract green finance from foreign investors and multinational corporations.

In the coming time, the Alliance will pilot several activities as part of the Project, including: (1) Calculating and refining local emission maps with the ability to track emissions by region and sector in each locality. This will also involve predicting emissions in the coming years while integrating the local development plans. (2) Utilizing AI algorithms to optimize traffic flow and the locations of stations in major cities. This includes supporting green public transportation options such as electric buses or motorcycles. Given the current e-mobility revolution, reducing travel and using green transportation methods will generate corresponding carbon credits. (3) Establishing criteria and attracting green investments into critical infrastructure projects, such as ports and logistics. (4) Building financial foundations and increasing revenue sources for high-tech, sustainable agriculture, and organic farming through green funding and carbon credit revenue will involve several steps.

The Saigontel Green Infrastructure Development Alliance includes:

Saigon Telecommunication & Technologies Corporation - SAIGONTEL is a member of Saigon Invest Group, the leading investment conglomerate in Vietnam specializing in the development of industrial, urban, and service complexes development, as well as attracting foreign direct investment (FDI) into Vietnam.SAIGONTEL is currently developing modern applications to support and enhance the quality of life for workers in industrial zones, aiming to provide a stable labor force for investors. The products and services offered by SAIGONTEL are designed to create value for the people, with a focus on sustainable living standards.

Energy Capital Vietnam - ECV (based at Pennzoil Place, 700 Milam, Suite 1300, Houston, Texas, USA) is an investment and private equity fund management company specializing in developing and arranging capital for infrastructure, energy, and commercial real estate projects in the United States, North America, and Asia. ECV is a strategic partner of many large banks, investment funds, and other family investment funds. With its capabilities, experience, and reputation, ECV has the ability to create suitable investment models for each project in Vietnam.

Allotrope Partners - AP, headquartered at 1301 Clay Street, #71180, Oakland, California 94612, USA, is an international company specializing in clean energy consulting, business development, and fundraising. The founder and CEO of Allotrope, who is also a board member of Verra, the world's largest carbon credit certification organization, leads the company. AP possesses technical expertise, development resources, and market connections to provide solutions aligned with the Net Zero commitments of multinational corporations. AP serves as a partner and expert advisor to help clients explore clean energy market opportunities, conduct business case analyses, and develop implementation strategies. AP has the capabilities to assess energy supply chains, select suppliers and equipment, and evaluate policies and regulations in key markets. AP is also capable of collaborating with government agencies, international organizations, NGOs, and non-profit organizations to support clean energy analysis and low-carbon strategy development.

Maius is a financial and project advisory company headquartered at 47 Churerstrasse, 8808 Pfäffikon/SZ, Switzerland. With extensive experience, Maius specializes in providing global clients with business development and global-scale expansion advisory services in terms of structuring and financial fundraising. Maius's solutions integrate leading insurance units, financial conglomerates, and banks, significantly reducing project risks and associated financial costs.

Communication Department.