HCM City, European Commission enhance industrial ties

Chairman of the Ho Chi Minh City People’s Committee Le Hoang Quan has affirmed that HCM City will create all possible conditions for European businesses to invest in the city.
Chairman of the Ho Chi Minh City People’s Committee Le Hoang Quan has affirmed that HCM City will create all possible conditions for European businesses to invest in the city.

Quan made the affirmation at a reception on November 12 for Vice President of the European Commission Antonio Tajani, who is leading a delegation of European businesses visiting Vietnam.

He expressed his delight at the growing cooperation between Vietnam, including Ho Chi Minh City, with the European Union in politics, economics, trade, science and education.

Over the past years, the city has also received much attention and cooperation from EU member countries, Quan said, adding that in the first half of 2013, the city imported more than 4.6 billion USD worth of products from the EU, while earning 11.7 billion USD from exports to the region.

Antonio Tajani stated his delegation’s visit aims to intensify ties in industrial development, affirming that European companies want to establish relationships with Vietnamese partners in this field.

He also stressed the EU’s hope to hold more mutual visits and exchanges to further promote cooperation in food, minerals and jewellery.

During the meeting, the two sides also exchanged information related to the investment environment and cooperation opportunities between their businesses in fields of mutual concern.-VNA

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