German businesses look to HCM City

tohang

A delegation of more than 70 German enterprises operating in the automobile industry, manufacturing technology, communications, finance and insurance visited HCM City to seek investment opportunities in the southern hub.

German businesses look to investment opportunities in HCM City. — VNS Photo

HCM CITY (Biz Hub) — A delegation of more than 70 German enterprises operating in the automobile industry, manufacturing technology, communications, finance and insurance visited HCM City to seek investment opportunities in the southern hub.

In a meeting with city leaders on Monday, Chairman of the German Business Association Jens Ruebbert said that Viet Nam is among leading destinations for foreign investors, including German enterprises.

With advanced expertise and experience, German businesses hoped to seize investment opportunities in Viet Nam, he said.

Chairman of the municipal People's Committee Le Thanh Liem said that Viet Nam-Germany relations have been consolidated in major fields like politics, economics, trade and education, emphasising that Germany is an important partner of Viet Nam.

HCM City wants to further cooperation with Germany in urban transport, healthcare and education, he added.

According to Vice Director of the municipal Department of Planning and Investment Le Thi Huynh Mai, the city's socio-economic development plan for 2016-17 was delivered to the German enterprises.

To help German businesses operate in the city, the Department also introduced measures to address difficulties for the businesses and improve the investment climate, including enhancing trade promotion and attracting investment in sectors that the city is focusing on. — VNS


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