Business

Ha Tinh forges trade affiliations in Germany

Five cooperation agreements have been signed between Ha Tinh province and its German partners as a result of a trade promotion conference held in Berlin on July 7.
Five cooperation agreements have been signed between Ha Tinh provinceand its German partners as a result of a trade promotion conference heldin Berlin on July 7.

Under the pacts, Germany willsupport the central Vietnamese province in manpower training, labourexport, technology transfer and machinery provision. Meanwhile, a flowof agricultural produce from Ha Tinh is set to enter the Europeancountry’s market.

At the conference, Dieter Ernst, aBoard Member of the German Asia-Pacific Business Association (OAV),acknowledged Ha Tinh’s important position in Vietnam’s north-centralcoastal region, recommending the province simplify administrationprocedures and develop human resources.

Vo KimCu, Chairman of the Ha Tinh People’s Council, gave details of the localinvestment climate, mentioning the Vung Ang Economic Zone that has thusfar received 12 billion USD in capital and is calling for furtherinvestment.

Moving forwards, Ha Tinh willprioritise the advancement of science, technology and energy; improvingprocedures; and creating favourable conditions for foreign investors, hesaid.

Cu went on to urge German companies andVietnamese expats living in the country to seek investment opportunitiesin Ha Tinh, particularly in seaport logistics, industrial production,vocational training and the agricultural and medical sector.

The function, according to Vietnamese Minister Counsellor to GermanyPham Viet Chien, is part of activities to celebrate the 40 thanniversary of the Vietnam-Germany relationship.

Chien stated that trade ties formed between Vietnamese provinces andGerman businesses and localities are key to helping the two nations’strategic partnership—established in 2011—realise its full potential.

The conference gathered 100 businessman and official participants.-VNA
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