HCM City, EuroCham step up cooperation hinh anh 1At the working session (Source: hcmcpv)

HCM City (VNA)
- The European Chamber of Commerce in Vietnam (EuroCham) will implement a number of cooperation programmes with Ho Chi Minh City and vicinal localities, with focus on promoting the city’s economic potential among European enterprises, said Eurocham co-Chairman Nicolas Audier.

While briefing EuroCham’s 2018 plans at a meeting with Nguyen Thanh Phong, Chairman of the Ho Chi Minh City People's Committee in the city on January 9, Audier said the organisation will lobby parliaments of European nations to ratify the EU-Vietnam Free Trade Agreement (EVFTA) and work with relevant agencies of Vietnam to introduce the benefits and importance of the agreement.

Speaking highly of the city’s potential for economic development, Audier expressed his hope that the two sides will increase cooperative activities for mutual benefits in the coming time, particularly in the key sectors of European firms, such as smart urban construction, green and renewable energy development, transportation and logistics, pharmaceutical trading and auto industry.

European firms are willing to cooperate and share with HCM City their experiences in developing a legal framework on managing investment projects in the public-private-partnership (PPP) form, and building procedures and standards for cyber security, he said.
Phong lauded the fruitful cooperation between EuroCham and Vietnam in general and HCM City in particular.

He expressed his belief that the economic cooperation, particularly in trade and investment, between Vietnam and European nations will grow further, especially after the EVFTA takes effective.

The municipal leader hopes that EuroCham will connect and call on European businesses to invest in the fields that HCM City has paid heed to, such as transport infrastructure, smart urban construction, and urban environment issues.

The city treasures and highly values foreign resources, Phong said, pledging to create favourable conditions for European firms to invest in the city.

He suggested EuroCham cooperate with local agencies in organising trade promotion activities for local and European businesses, contributing to the development of the city in the future.-VNA