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HCM City, Germany’s Saxony-Anhalt state look to expand cooperation

Vice Chairman of the Ho Chi Minh City People’s Committee Le Thanh Liem on November 21 hosted a reception for visiting Minister of Economic Affairs, Science and Digitalisation of Saxony-Anhalt state of Germany Armin Willingmann.
HCM City, Germany’s Saxony-Anhalt state look to expand cooperation ảnh 1At the reception (Source: VNA)

HCM City (VNA) - Vice Chairman of the Ho Chi Minh City People’s Committee Le Thanh Liemon November 21 hosted a reception for visiting Minister of Economic Affairs, Science and Digitalisation of Saxony-Anhalt state ofGermany Armin Willingmann.

During the meeting, Liem highlighted the sound development of theVietnam-Germany strategic partnership across fields, especially in economics,trade, culture and education.

HCM City established cooperative ties with Leipzig and Frankfurt cities ofGermany, which is a foundation for expanding cooperation between the Vietnamesesouthern city with other German localities in the coming time, he said.

Liem highly valued Saxony-Anhalt state’sstrengths in energy, mechanical engineering, IT, biotechnology and medicaltechnology, saying that HCM City is in need of these fields and others such asrailway, infrastructure, transport and seaport, and science-technology as well.

The municipal authorities will create all favourable conditions for Germanenterprises, including those from Saxony-Anhalt state, to invest in the city.

For his part, Willingmann spoke highly of cooperation between the two countriesas well as locality-to-locality collaboration, saying that businesses of Saxony-Anhaltare interested in investment cooperation in Vietnam, including HCM City.

He agreed to enhancecooperation and share experience with HCM City in education-training,expressing his belief that this will be a good chance for enterprises andeducational establishments of both sides to expand partnership, especially invocational and high-quality human resources training.

Germany is one of the large foreign direct investors in HCM City with 162 projectsworth 286 million USD. The prominent projects are the German House in HCM City,Metro Line No. 2. The trade value between Germany and HCM City hit nearly 1.4billion USD in the first nine months of 2019./. 
VNA

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