HCM City eyes cooperation with Luxembourg in different fields
Ho Chi Minh City wishes to learn from Luxembourg’s experience and cooperate with the European country in science-technology and green finance, towards building a financial centre in the time ahead, a municipal official said on May 5.
Prime Minister of Luxembourg Xavier Bettel visits the Ho Chi Minh Stock Exchange. (Photo: VNA)
HCM City (VNA) – Ho Chi Minh City wishes tolearn from Luxembourg’s experience and cooperate with the European country inscience-technology and green finance, towards building a financial centre inthe time ahead, a municipal official said on May 5.
At a reception for Prime Minister of Luxembourg XavierBettel, Chairman of the HCM City People’s Committee Phan Van Mai stressed that PM Bettel’svisit will contribute to boosting cooperation activities between the city and theEuropean nation.
The official noted that HCM City stands ready to cooperatewith Luxembourg partners in the fields of high-tech, digital transformation, renewable energyand green energy.
Mai used this occasion to thank Luxembourg for itsfinancial support to HCM City in the rollout of climate adaptation projects, and called onthe PM to continue connecting the city with Luxembourg partners.
HCM City always welcomes foreign partners and enterprises,including those from Luxembourg, to operate in the city, he affirmed, addingthat HCM City wants to strengthen cooperation with businesses of Luxembourg inthe areas in which the southern largest economic hub has potential and demand like agricultural product processing, high-tech agriculture and manufacturing.
For his part, PM Bettel held that HCM City and Luxembourghold substantial cooperation opportunities, and that Luxembourg’s enterpriseswill be sustainable, reliable partners of local firms, helping them expand connections with the European market.
The two countries should create more favourableconditions for their businesses to operate in the respective markets, hecontinued.
Sharing Mai’s view, the PM said finance, especiallygreen finance, will offer good cooperation opportunities to Luxembourg and HCMCity, stressing that Luxembourg is committed to assisting Vietnam and HCM Cityin particular in this field, as well as sustainable development.
He said cooperation in traditional spheres likeeducation, environmental protection, climate change response, renewable energyand green energy will be maintained.
While in HCM City, PM Bettel attended and delivered aspeech at a Vietnam - Luxembourg business forum, visited the Ho Chi Minh Stock Exchange, and the War RemnantsMuseum, and found out about climate change impacts in the area along Sai GonRiver./.
Prime Minister Pham Minh Chinh and his Luxembourg counterpart Xavier Bettel held talks in Hanoi on May 4, affirming both sides’ wish and determination to lift bilateral relations to a new development stage that is more substantive and effective.
Vietnam and Luxembourg boast high potential to collaborate in many areas, especially finance, logistics and sustainable development in adaptation to climate change, heard the Vietnam-Luxembourg Business Forum held in Ho Chi Minh City on May 5.
Stronger efforts and determination are required to achieve and surpass the set targets, especially in the eradication of makeshift and dilapidated houses nationwide, the acceleration of public investment disbursement, and the implementation of nationally important transport projects, PM Pham Minh Chinh noted.
The trip will be made at the invitations of Chinese Premier Li Qiang and WEF President and CEO Børge Brende, according to an announcement from the Ministry of Foreign Affairs.
Long spoke highly of the dynamic, positive, and comprehensive development of Vietnam – Russia relations in recent years. He affirmed that the Vietnamese Party and State place great importance on further strengthening the comprehensive strategic partnership with Russia in a substantive and effective manner, in line with the development needs of both nations.
At the conference, participants reported that the Government has so far issued 28 decrees on the delegation of responsibilities and powers between the central Government and two-tier local administrations. Several localities have already piloted the new governance model.
Reality is the ultimate benchmark for success, he said, urging drafting agencies to work out policies that foster development, reduce bureaucratic hurdles, and respect practical conditions.
Under the official dispatch signed on June 20, ministers, heads of ministerial-level agencies, and chairpersons of provincial and municipal People’s Committees are requested to concentrate efforts on implementing core measures to ensure the smooth operations of the new administrative framework.
The Party chief underscored the need for the press to innovate relentlessly, evolve to keep pace with the country's development, transform into a truly professional, humanistic, and modern sector that serves the cause of the Party, the State, and the people on the path to national construction and development.
The UN Secretary-General praised Vietnam’s remarkable achievements in socio-economic development and international integration in recent years, noting that the country has emerged as a model in implementing the Sustainable Development Goals (SDGs), promoting international peace and security, and engaging in key UN processes.
Nghia affirmed that this is a milestone of special significance, affirming and honouring the the Vietnamese revolutionary press’s glorious tradition of 100 years of serving the revolutionary cause of the Party, serving the Fatherland, and serving the people.
The Party and State of Vietnam always attach great importance to and give top priority to the development of Vietnam–China relations. Vietnam is ready to work with the Chinese Party and State to further deepen the Comprehensive Strategic Cooperative Partnership and promote the building of the Vietnam-China community with a shared future that carries strategic significance.
Under the leadership of President Ho Chi Minh and the CPV, President Cuong said, the press has been a steadfast force on the ideological and cultural front, rallying the masses to pursue national aspirations.
NA Chairman Tran Thanh Man stressed the need to accelerate the application of artificial intelligence and smart teaching equipment, innovate teaching and assessment methods, and further improve the quality of formal education.
He also pledged that the NA will promote its ongoing supervision, making sure that every promise must lead to results, and every commitment must bring about real changes.
Minister of Industry and Trade Nguyen Hong Dien welcomed the proposals put forward by the US side and reiterated Vietnam’s request for consideration of key areas of interest, including reciprocal tariff policies and access for Vietnamese key export products to the US market.
Deputy PM Le Thanh Long proposed countries promote shared values, including building trust, sincerity, and solidarity among nations and peoples; fostering cooperation spirit and responsible behaviour as well as upholding international law and the UN Charter; and placing people at the centre and as the goal, the key player, and the driving force of all policies.
The show, together with a grand parade to be held silmutaneously at Ba Dinh Square in Hanoi, will celebrate the 80th anniversary of the August Revolution, the National Day, and the General Staff of the Vietnam People’s Army (VPA).
In particular, in April 2023, the two sides successfully carried out a joint operation that dismantled a major organised, transnational drug trafficking ring involving both Vietnamese and Cambodian suspects.
The Vietnamese Embassy in Israel is closely coordinating with relevant local agencies to stay informed and provide the utmost support possible for Vietnamese nationals.
Prime Minister of Luxembourg Xavier Bettel visits the Ho Chi Minh Stock Exchange. (Photo: VNA) 
