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HCM City expects stronger economic ties with UAE

Vice Chairman of the Ho Chi Minh City People’s Committee Vo Van Hoan expressed his city’s wish to boost economic links with UAE localities while receiving Undersecretary of the UAE Ministry of Economy Abdullah Al Saleh on October 17.
HCM City expects stronger economic ties with UAE ảnh 1Vice Chairman of the HCM City People’s Committee Vo Van Hoan (L) presents a gift to Undersecretary of the UAE Ministry of Economy Abdullah Al Saleh at the meeting on October 17 (Photo: VNA)

HCM City (VNA) – Vice Chairman of the Ho Chi MinhCity People’s Committee Vo Van Hoan expressed his city’s wish to boost economiclinks with UAE localities while receiving Undersecretary of the UAE Ministry ofEconomy Abdullah Al Saleh on October 17.

Highlighting the progress in Vietnam-UAErelations, the host official said HCM City is an economic, cultural,educational and scientific – technological hub in southern Vietnam, and alsothe core of the southern key economic region. It also boasts a favourablelocation for air, rail, road and sea transportation, which is conducive toeconomic and trade partnerships.

Therefore, the city is ready to cooperate withother countries for common development, he noted.

Hoan said leaders of HCM City have made workingvisits to the UAE, a navigation and aviation hub of the world and also aleading economy in the Arabian region, and realised that both sides hold hugecooperation potential.

HCM City wishes to develop ties with localitiesof the UAE, particularly in economy, the Vice Chairman said, adding that manyinvestors from the country have also invested in his city.

Briefing his host about the working trip by theUAE Ministry of Economy’s delegation, Abdullah Al Saleh said the Vietnam-UAEtrade and investment forum was successful with the participation of manybusinesses and investors from both sides.

He said he hopes Vietnam will build a portal onits investment policies so as to further help UAE businesses learn about thelocal investment climate and make investment in the country, including HCMCity.

The undersecretary asked for an optimal visapolicy to attract more UAE tourists and investors to Vietnam, thereby promotingbilateral investment. He also suggested Vietnam open an investment promotioncentre in his country to assist Vietnamese firms to make investment, dobusiness and export goods to the UAE./.
VNA

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