Experts talked about the role of Ho Chi Minh City as a bridge connecting to European markets during a ceremony to launch the Whitebook Briefing 2019 on March 20.
HCM City (VNA) – Experts talked aboutthe role of Ho Chi Minh City as a bridge connecting to European markets duringa ceremony to launch the Whitebook Briefing 2019 on March 20.
Co-Chairman of the European Chamber of Commercein Vietnam (EuroCham) Nicolas Audier said European firms will expand businessin Vietnam this year with HCM City as the most favourable destination.
The National Assembly also passed a resolution on piloting special mechanismsand policies for the city’s development, he added.
EuroCham will create opportunities for the twosides’ enterprises to develop sustainable cooperative relations in multiplearenas such as technology transfer and business skills.
The chamber will continue working with the localdepartments and sectors like customs and taxation to expand operations andbetter support businesses in the coming time.
Additionally, EuroCham will promote its role ofconnecting European firms to join the city’s development programmes such assmart city and transport.
Andreas Abbing, Vice President and CommercialPlant Manager of HCMC Plant of Bosch Vietnam, hailed the support of Vietnam andparticularly HCM City in activities to reform policies, especially in promotingthe training of human resources.
The signing of the EU-Vietnam Free TradeAgreement (EVFTA) will create favourable conditions for the two sides’businesses, he said.
Bosch is a long-standing investor in Vietnam andwill continue expanding investment in the Southeast Asian country in the timeahead, he added.
Vice Chairman of the municipal People’sCommittee Le Thanh Liem said the EVFTA has opened up both opportunities andchallenges for the two sides.
HCM City highly appreciated the investment andtrade activities of foreign businesses, including those from the EU, he said.
The Whitebook Briefing 2019 is an importantdocument for businesses to update information and seize opportunities toenhance cooperation, thus promoting the city’s growth in potential fields, headded. –VNA
The European Chamber of Commerce in Vietnam (EuroCham) launched the 11th edition of its annual Whitebook at a conference in Hanoi on March 14, focusing on the future of economic development in Vietnam.
Ho Chi Minh City’s authorities are planning to use artificial intelligence (AI) to support its scheme to develop a smart city, Chairman of the municipal People’s Committee Nguyen Thanh Phong said.
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This is the second year the magazine has released the ranking, which is based on total revenue and key financial indicators of enterprises from seven countries in the region: Vietnam, Indonesia, Thailand, Malaysia, Singapore, the Philippines, and Cambodia.
At the summit, publishing, tech, and media sectors will discuss emerging trends, business models, and sustainable solutions for digital publishing development in Vietnam.
Scene at the event (Photo: VNA) 
