Tatarstan President Rustam Minnikhanov speaks at the Vietnam-Tatarstan Business Forum in HCM City on November 20. (Photo: VNA)

HCM City (VNA) – Ho Chi Minh City wishes to cooperate with Russia’s autonomous Republic of Tatarstan in machinery manufacturing and high technology, said Vice Standing Chairman of the municipal People’s Committee Le Thanh Liem.

At a meeting with Tatarstan President Rustam Minnikhanov in the city on November 20, Liem said the Vietnamese southern metropolis is looking towards a smart city and interested in the manufacturing industry.

HCM City will intensify investment and trade links with Russia, including Tatarstan, aiming to raise Vietnam-Russia trade value to 20 billion USD in 2020, the official promised.

Liem emphasised that the attention of the two sides’ authorities will make the bilateral economic and trade cooperation successful.

HCM City stands ready to step up collaboration with Tatarstan in delegation exchanges and people-to-people diplomacy activities, contributing to enhancing the bilateral economic and trade ties, he said.

Rustam Minnikhanov held that on the basis of the Vietnam-Russia relationship, relations between Tatarstan and Vietnam in general and HCM City in particular will be tightened, bringing pragmatic interests to people of both sides.

HCM City and Tatarstan hold a lot of potential for cooperation in economy and trade, he said, adding that the two sides have advantages that can support each other, particularly in high-tech and machinery manufacturing.

Tatarstan wishes to beef up its diverse cooperation with HCM City, especially in trade, investment, education-training, culture and sports, he said.

During his stay in Vietnam, Rustam Minnikhanov attended the Vietnam-Tatarstan Business Forum and visited the Saigon Hi-tech Park and a number of historical relic sites in the city.-VNA