Germany’s Aone Deutschland AG and AquaOne Water JSC (Vietnam) on Monday signed a memorandum of understanding (MoU) on operating water plants for AquaOne with total investment of US$100 million.

The MoU was signed at a meeting between Germany’s Federal Minister for Economic Affairs and Energy Peter Altmaier and Chairman of Ha Noi People’s Committee Nguyen Duc Chung in Ha Noi.

Speaking at the meeting, Altmaier said: “I am deeply impressed with the socio-economic development of Viet Nam. Germany wants to cooperate with Viet Nam to continue to improve this growth.”

He was also impressed by the achievements that German businesses have made in Viet Nam and added that the German government always wants its businesses to work with Vietnamese enterprises.

In the afternoon of the same day, the German business delegation visited the Ha Noi People’s Committee to look for investment opportunities in the capital.

On the Viet Nam side, Ha Noi People’s Committee Chairman affirmed the joint venture project between AquaOne and Aone Deutschland AG is a symbol of friendship between Viet Nam and Germany. — VNS