Vietnamese and Romanian flags (Illustrative photo - Source: internet)
HCM City (VNA) – Romanian businesses want to invest in Ho Chi Minh City, particularly in transport infrastructure a꧋nd urban development, said Vlad Vasiliu, Romanian State Secretary of the Ministry of Economy, Trade and Business Envi💞ronment.
He made the statement when leading a senior delegation to meet with Tran Vinh Tuyen, Vice Chairman of the HCM City People’s Committee, in the southern city on June 15.
The State Secretary said he highly values the role that the southern hub plays in the relations between Vietnam and Romania.
He noted that the two countries’ traditional relationship is progressing, laying the foundations for bilateral trade partnerships.
Room for further engagement remains extensive in the future, he said.
For his part, Tuyen welcomed the visiting Romanian delegates, who are in Vietnam to attend a session of the Vietnam-Romania intergovernmental committee.
He said the delegation gathers representatives from ministries and leading companies in trade, agriculture, telecommunication and energy, which also are sectors within which HCM City is calling for investment.
He said cooperation between Romania and HCM City still falls short of its potential, adding that the city is willing to create favourable conditions for Romanian investors.-VNA
The Centre for Indochina Studies (CIS) has been opened in Romania recently, aiming to bolster relations among Romania and Indochina countries, including Vietnam.
Romania is calling for more Vietnamese investment in multiple fields, said Oana Bizgan, Counsellor for the Minister of Economy, Commerce and Business Environment Relations of Romania.
With the current trading band of +/- 5%, the ceiling rate applicable for commercial banks during the day is 26,276 VND/USD and the floor rate 23,774 VND/USD.
The event aimed to update businesses on new regulations and compliance requirements regarding US tax, trade, and customs policies, while offering practical solutions to facilitate exports amid shifting trade dynamics.
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Tuan expressed his confidence that LH, with its expertise and experience, would swiftly implement the urban area project, contributing to a modern urban landscape for the province.
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The group also placed among the Top 5 energy companies in Southeast Asia and secured the top spot among the largest Vietnamese enterprises featured on the list.
The zone will cover 1,881 ha, comprising functional areas for production, logistics, trade and services, digital technology industry, information technology, and innovation.
Dung underlined several key objectives, including a comprehensive review of the legal framework governing SOEs, and called for updates that reflect international standards and support modern, transparent governance.
Vietnamese and Romanian flags (Illustrative photo - Source: internet)
