EU's substantial contributions to HCM City’s development praised
VOV.VN - Ho Chi Minh City always greatly values the substantial contributions by EU nations to its development process, said Vice Chairman of the municipal People’s Committee Duong Anh Duc at the celebration of Europe Day 2024 held by the EU Delegation to Vietnam on May 16.
In his address, the municipal leader stated the southern city looks forward to optimal conditions conducive to its effective utilization of funding sources from the bloc’s Global Gateway Strategy and Horizon Europe Programme to further foster economic relations with the EU and jointly achieve sustainable development goals.
Duc also pledged to ensure stable socio-political environments, protecting the rights and legitimate interests of investors, and facilitating long-term and effective operations of European businesses in the city.
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In response, EU Ambassador to Vietnam Julien Guerrier said the Vietnam-EU relationship is evidence of fruitful cooperation toward a bright future. Over more than three decades, they have worked hand in hand and obtained numerous accomplishments.
The Just Energy Transition Partnership (JETP), coordinated by the EU and the UK, is ready to provide around 15 billion EUR to support climate change mitigation in Vietnam, he added.
The EU ambassador expressed his belief in growing Vietnam-EU ties as a contribution to Vietnam’s goal of becoming a developed country by 2045 and achieving net-zero emissions by 2050.