Swiss State Secretary welcomed in Ho Chi Minh City

Vice Chairman of the Ho Chi Minh City People’s Committee Bui Xuan Cuong hosted a reception on October 23 for visiting State Secretary of the Swiss Federal Department of Economic Affairs, Education and Research Dominique Paravicini.
Swiss State Secretary welcomed in Ho Chi Minh City ảnh 1Vice Chairman of the Ho Chi Minh City People’s Committee Bui Xuan Cuong (R) and State Secretary of the Swiss Federal Department of Economic Affairs, Education and Research Dominique Paravicini. (Photo: VNA)

HCM City (VNA) – Vice Chairman of the Ho Chi Minh City People’s Committee Bui Xuan Cuonghosted a reception on October 23 for visiting StateSecretary of the Swiss Federal Department of Economic Affairs, Education andResearch Dominique Paravicini.

Cuong said thecity has actively pursued joint activities with Switzerland, particularly ineconomy, urban management and development.

He added that two-waytrade between Ho Chi Minh City and Switzerland neared 190 million USD lastyear, with the European country investing in 122 projects worth over 214million USD in the city.

Ho Chi Minh City is readyto boost cooperation in areas of Switzerland’s strength, such as sustainableurban development, finance, banking, education and health care, he said, addingthat the city always welcomes and creates favourable conditions for Swiss firmsto do long-term business here.

Paravicini, for hispart, said his working trip aims to stepup Switzerland's economic development programme for Vietnam through activities that enhancefinancial transparency and accountability. It also focuses on improving thecapacity and modernising the financial sector and capital markets, thecompetitiveness and access to the global value chain, and urban developmentplanning and climate resilience in urban areas.

He said he will holda working session with Swiss enterprises operating in the city in order topromote investment and business activities.

The guest wishedthat the municipal authorities would continue providing all possible supportfor Swiss firms joining in local projects in the fields of sustainable urbandevelopment, commerce, renewable energy, green transportation, finance andbanking./.

VNA

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