The high-level week of the Asia-Pacific Economic Cooperation (APEC) Forum 2023 officially commenced on November 11 in San Francisco City, California, USA, attracting 21 world leaders from Pacific Rim economies and approximately 30,000 attendees. Upon an invitation from President Joe Biden, President of the Socialist Republic of Vietnam Võ Văn Thưởng and the Vietnamese high-level delegation participated in and engaged in bilateral activities in the United States from November 14th to 17th, 2023

According to the Ministry of Foreign Affairs of Vietnam, APEC is currently the leading economic cooperation and linkage mechanism in the Asia-Pacific region, encompassing 38% of the population, 62% of GDP, and nearly 50% of global trade. The theme for APEC 2023 is "Forging a Resilient and Sustainable Future for All," focusing on three priorities: "Connectivity," "Innovation and Digitalization," and "Inclusivity."

One of the significant sideline events at APEC was the roundtable discussion connecting U.S. businesses with Vietnamese localities, organized by the Ministry of Planning and Investment at the JW Marriott San Francisco Union Square hotel on November 15, 2023. This took place in the presence of the President, representatives of Ho Chi Minh City People's Committee, and Saigontel Green Alliance. During this event, a memorandum of understanding for research and the establishment of an Innovation Center by private sector investment in Ho Chi Minh City's High-tech Park was signed. The center is expected to encompass fundamental components such as a Green Growth Operation Center, Carbon Reduction Consultancy and Accreditation Center, Workforce Training focusing on semiconductor chip manufacturing and high technology, Chip Design and High Technology Development Center, and a Biotechnology Center.

The President, Vo Van Thuong, witnessed the People's Committee of Ho Chi Minh City and Saigontel Green Alliance exchanging a memorandum of understanding for the research and establishment of an Innovation Center funded by private sector investment.

At the JW Marriott San Francisco during this APEC event on November 16, 2023, the Ho Chi Minh City Investment Promotion Conference 2023 took place under the chairmanship of Mr. Phan Van Mai, Chairman of Ho Chi Minh City. The invitees included the San Francisco city government, Business Executives for National Security (BENS), American Critical Minerals Association (ACMA), Semiconductor Industry Association (SIA), Center for Strategic and International Studies (CSIS), US-ASEAN Business Council (US-ABC), National Small Business Association (NSBA), Ampere Computing Corporation, Exmar, and other distinguished guests attending the APEC 2023 Conference.

Mr. Phan Van Mai, Chairman of the Ho Chi Minh City People's Committee, witnessed the Saigontel Green Alliance signing agreements with members of the U.S. semiconductor chip, high technology, and innovation association.

At the conference, Mr. Phan Van Mai delivered a speech regarding Ho Chi Minh City's efforts to attract investments in high technology. Together with various dignitaries, he witnessed the Saigontel Green Alliance signing agreements with members of associations involved in semiconductor chip technology, high technology, and innovation, such as Context Labs, Semiconductor Industry Association, Corner Stones Group, E-mobility, and Solis Power. The purpose was to attract U.S. enterprises seeking to expand their operations in Vietnam to the proposed Innovation Center in Ho Chi Minh City's High-tech Park, as suggested by the Saigontel Green Alliance.

During this event, the World Bank and the National Small Business Association (NSBA) expressed their confidence and interest, with a letter of concern, in participating in the alliance to aid in implementing emission reduction roadmaps at various localities. Furthermore, the NSBA pledged support in the implementation of the innovation center in Ho Chi Minh City.

Regarding the Association and major businesses in the United States as partners, they co-organized and participated in the conference on November 16, 2023.

BUSINESS EXECUTIVES FOR NATIONAL SECURITY (BENS): Established in 1982, headquartered in Washington, D.C., BENS is a non-partisan, non-profit organization comprising top-level executives from leading businesses, leveraging expertise in the private sector to enhance the national security of the United States. BENS members represent various industries and enterprises, including technology, aerospace, defense, finance, healthcare, and energy.

US-ASEAN BUSINESS COUNCIL (US-ABC): Established in 1984, headquartered in Washington, D.C., USA, the US-ABC is a non-profit organization representing nearly 175 corporate members, a majority of which are listed among the top 100 US companies by Fortune magazine. The member companies of the Council operate in diverse, dynamic, and highly influential sectors within the American economy.

SEMICONDUCTOR INDUSTRIAL ASSOCIATION (SIA): Established in 1977, headquartered in Washington, D.C., USA, SIA is a trade association representing 99% of the US semiconductor industry by revenue and nearly two-thirds of chip manufacturers outside the United States. SIA's members consist of companies involved in semiconductor design, manufacturing, and sales, as well as those providing equipment and materials to the semiconductor industry, and companies utilizing semiconductors in their products.

CENTER OF STRATEGIC AND INTERNATIONAL STUDIES (CSIS): Established in 1962, headquartered in Washington, D.C., USA, it is a non-profit, non-partisan policy research organization dedicated to promoting practical ideas to address the world's greatest challenges.

NATIONAL SMALL BUSINESS ASSOCIATION (NSBA): Established in 1937, headquartered in Washington, D.C., USA, the NSBA is a non-profit, non-partisan organization representing the interests of long-standing small businesses and is the largest such organization in the United States, with over 65,000 members across all sectors and in over 50 states. NSBA fulfills its mission by providing small businesses with extensive resources and services, including advocacy programs, education, networking, and research.

AMPERE COMPUTING CORPORATION: Established in 2018, headquartered in Santa Clara, CA, Ampere is a semiconductor design company for the new era, pioneering high-performance, energy-efficient computing. Ampere is at the forefront of driving sustainable computing for the Cloud, AI inference, and applications.

Context Labs:Established in 2016, Context Labs utilizes artificial intelligence combined with precision mapping to optimize carbon credits for emission reduction projects.

Investment Promotion Department.