HCM City, Italy step up trade cooperation hinh anh 1At the ​ceremony (Photo: VNA)

HCM City (VNA) – Vice Chairman of the Ho Chi Minh City People’s Committee Huynh Cach Mang hoped that economic and trade cooperation between the city and Italy will be growing extensively, bringing practical benefits to both sides.

He made the statement at a ceremony held by the Consulate General of Italy in Ho Chi Minh City on June 2 to celebrate Italy’s 71st Republic Day.

Mang underlined that relations between the two countries have been treasured by generations of leaders from both sides.

Ho Chi Minh City is a leading locality in Vietnam to promote collaboration with Italy, especially in trade and investment, he stressed.

Meanwhile, Italian Consul General Carlotta Colli stated that Vietnam-Italy traditional relations have been nurtured by the two nations’ leaders and people, particularly in investment, trade and culture.

Collaborations between the two sides have been branched out through people-to-people exchanges, she said, adding that Ho Chi Minh City was chosen to hold significant events of culture, fashion and trade between the two countries.

Last year, two-way trade stood at 4.7 billion USD, 603 million USD of which was contributed by Ho Chi Minh City. By May, 2017, Italy landed 27 investment projects valued at 68.5 million USD in the southern metropolis.-VNA