HCM City eyes enhanced cooperation with EU

Secretary of the Ho Chi Minh City Party Committee Nguyen Thien Nhan has asked the European Union (EU) to support the city in applying the 4th Industrial Revolution’s achievements in its economic development.
HCM City eyes enhanced cooperation with EU ảnh 1Secretary of the Ho Chi Minh City Party Committee Nguyen Thien Nhan shakes hands with ​ambassadors and representatives from EU member nations in Vietnam (Source: VNA)

HCM City (VNA) - Secretary of the Ho Chi Minh City Party Committee Nguyen Thien Nhan has askedthe European Union (EU) to support the city in applying the 4th IndustrialRevolution’s achievements in its economic development.

During a reception for a delegation of ambassadors and representatives from EUmember nations in Vietnam on January 11, Nhan highlighted the Vietnam-EUrelations, and the importance of the Union in general and each its member inparticular for Vietnam.

While briefing the guests on the city’s socio-economic development, he called onEU member nations to invest in infrastructure development in the locality,especially in construction of urban railways and metro lines.

The city has planned to develop six metro lines, which will need financialassistance and cooperation from EU member states, he said, adding that the municipalauthority also wants to cooperate with the EU in climate change adaptation, flooding,education-training.

He said, the municipal authority has outlined a project to build high-techcentres in District 9 and District 2, which will be foundation for the city tojoin the realisation of the 4th Industrial Revolution.

For his part, Ambassador Bruno Angelet, Head of the EU Delegation to Vietnam, praisedVietnam’s success in hosting the Asia-Pacific Economic Cooperation (APEC) Year2017, and spotlighted the trading ties between Vietnam and the EU in the year.

He also pointed out common targets of Vietnam and the EU in international integration;energy self-control; security-defence and diplomacy, affirming that EU alwayssupports Vietnam to reach the country’s objectives.

The two sides should outline cooperation plan to implement the the EU-Vietnam Framework Agreement on Comprehensive Partnership and Cooperation (PCA),and look towards the official signing of the EU-Vietnam Free Trade Agreement,he said.

The European Investment Bank (EIB) and the German Reconstruction Bank are financinga number of metro projects in HCM City, he said, pledging that the EU will workwith the EIB to support the city in the projects.

The host revealed that an investment cooperation forum between HCM City andpartners from the EU, and an annual meeting between the city’s leaders andrepresentatives from EU member nations will be arranged in the coming time.-VNA
VNA

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