HCM City targets Swiss investors
(VOV) - Ho Chi Minh City is committed to creating favourable conditions for Swiss enterprises and businesses to take advantage of its investment opportunities.
HCM City People’s Committee Vice Chairman Hua Ngoc Thuan reiterated the pledge at an October 25 reception for Swiss Federal Economic Affairs, Education, and Research Department Chief Johann N. Schneider-Ammann.
Thuan said HCM City and its relevant agencies will support Swiss businesses interested in investing there. The municipal leaders are willing to consult with investors to address any difficulties encountered during the investment process.
He highlighted HCM City’s need for support and investment in human resource development, infrastructure, and environmental protection—especially pressing amidst the threats posed by climate change and rising sea levels.
HCM City imported Swiss goods worth over US$1.2 billion during the first nine months of the year, mostly gold and gems stones. Its exports to Switzerland exceeded US$450 million in value.
The city now hosts 30 Swiss business representative offices and 47 Swiss-invested projects capitalised at over US$700 million.
Ammann acknowledged the city’s impressive development. The variety of Swiss businesses touring the city in 2013 proves Switzerland’s enthusiasm for strengthening cooperation and investment with Vietnam in general and HCM City in particular.