HCM City eyes enhanced cooperation with EU

During a reception for a delegation of ambassadors and representatives from EU member nations in Vietnam on January 11, Nhan highlighted the Vietnam-EU relations, and the importance of the Union in general and each its member in particular for Vietnam. 

While briefing the guests on the city’s socio-economic development, he called on EU member nations to invest in infrastructure development in the locality, especially in construction of urban railways and metro lines.

The city has planned to develop six metro lines, which will need financial assistance and cooperation from EU member states, he said, adding that the municipal authority also wants to cooperate with the EU in climate change adaptation, flooding, education-training.

He said, the municipal authority has outlined a project to build high-tech centres in District 9 and District 2, which will be foundation for the city to join the realisation of the 4th Industrial Revolution.

For his part, Ambassador Bruno Angelet, Head of the EU Delegation to Vietnam, praised Vietnam’s success in hosting the Asia-Pacific Economic Cooperation (APEC) Year 2017, and spotlighted the trading ties between Vietnam and the EU in the year. 

He also pointed out common targets of Vietnam and the EU in international integration; energy self-control; security-defence and diplomacy, affirming that EU always supports Vietnam to reach the country’s objectives. 

The two sides should outline cooperation plan to implement the the EU-Vietnam Framework Agreement on Comprehensive Partnership and Cooperation (PCA), and look towards the official signing of the EU-Vietnam Free Trade Agreement, he said. 

The European Investment Bank (EIB) and the German Reconstruction Bank are financing a number of metro projects in HCM City, he said, pledging that the EU will work with the EIB to support the city in the projects. 

The host revealed that an investment cooperation forum between HCM City and partners from the EU, and an annual meeting between the city’s leaders and representatives from EU member nations will be arranged in the coming time.