Hanoi (VNA), March 11 -- The alliance between the Philippines and the US is very solid and many US businesses want to invest in the Southeast Asian country, US Secretary of Commerce Gina Raimondo said on March 11 during her two-day official visit to the Philippines.

Speaking at a joint press conference with the host country's officials, Raimondo emphasised the US-Philippine "ironclad" alliance is iron clad, which has been sustained over 72 years, and they remain steadfast friends and increasingly important partners.

On this occasion, Raimondo said that US companies plan to announce a total investment of more than 1 billion USD in many fields in the Philippines , such as solar energy, electric vehicles and digital.

The US trade and inve...