Germany’s Leipzig city opens representative office in HCM City hinh anh 1The inauguration of Leipzig city's representative office in HCM City (Source: VNA)

HCM City (VNA) Leipzig city has become the first German locality to open a representative office in Vietnam, contributing to strengthening trade and investment partnership between the city and Vietnam and connecting businesses of the two nations, according to the German Business Association in Vietnam.

The office was launched on December 6 at the German Business Incubator Vietnam of the German House in Ho Chi Minh City, with the opening ceremony drawing more than 120 delegates representing agencies and enterprises of Vietnam, Germany, and Leipzig.

First Mayor of Leipzig Torsten Bonew said that the opening of the office is one of the important activities to foster ties between Vietnam and Leipzig, especially in trade, investment, automobile, education and training, research, and development cooperation.

With a population of more than 500,000, Leipzig is a big city in the German state of Saxony. It is home to a modern infrastructure system and holds strengths in the automobile, logistics, healthcare, technology, organic food technology, energy, and environmental sectors.

As many as 47 percent of total products made in Leipzig are for export, making local enterprises highly competitive.

Vietnam and Leipzig have shared a sound, long-term partnership, especially in economy, education, and culture.

Ho Chi Minh City and Leipzig signed a strategic cooperation agreement in 2015 to further promote their partnership. The deal aims to strengthen bilateral collaboration in economy, healthcare, education, energy, environment, sustainable development, and scientific research.–VNA