HCM City, Germany look to boost multifaceted cooperation

Chairman of the People’s Committee of Ho Chi Minh City Nguyen Thanh Phong and German Consul General to the city Josefine Wallat discussed ways to foster multifaceted cooperation between the Vietnamese southern metropolis and the European country during their meeting on September 30.

hcm city, germany look to boost multifaceted cooperation hinh 0
Chairman of the People’s Committee of Ho Chi Minh City Nguyen Thanh Phong and German Consul General to the city Josefine Wallat (Source: https://www.sggp.org.vn)
Highlighting the fruitful cooperation between the two countries in various fields, the municipal leader said that HCM City is focusing on infrastructure development, energy, and green growth with a goal of becoming a financial hub in the region.

He hoped that with her bridging role of the Consul General, Wallat will call on and guide German enterprises to land their investments in the city.

Phong pledged to create favourable conditions for German firms and the Consulate General to operate effectively in the locality.

For her part, Wallat said the German side is interested in the fields of energy technology, green growth and education.

As Germany and Vietnam will celebrate the 45th anniversary of their diplomatic ties next year, she expressed her belief that the event will create an impetus to further promote the Germany – Vietnam cooperation in the coming time.

Germany ranks 13th among 106 countries and territories investing in Ho Chi Minh City with 151 projects worth 286 million USD.

Two-way trade between Vietnam and Germany hit 2 billion USD in 2018 and 450 million USD in the first seven months of this year.
VNA

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