Ho Chi Minh city always creates favourable conditions for foreign investors

Thursday, 25/06/2020 17:15
Ho Chi Minh city is an attractive destination for investors and always focuses on improving investment environment, and creating all favourable conditions for foreign investors.
Ho Chi Minh city People's Committee Chairman Nguyen Thanh Phong welcomes Swiss Ambassador Ivo Sieber. (Photo: SGGP)


So said Nguyen Thanh Phong, Chairman of the city People’s Committee, during his reception for Mr. Ivo Sieber, new Swiss Ambassador to Vietnam.

According to Mr. Phong, Ho Chi Minh city has concentrated its efforts on building a smart city; making the city into a highly interactive innovation area; and building the city into a regional financial center.

He expressed his hope that the Swiss Ambassador would connect the city with Switzerland in commercial investment activities, cooperate in building a smart city, introduce new technologies in the field of innovation, and enhance cooperation in exchange, culture, health and tourism. “The city is also interested in wastewater treatment, renewable energy and green energy, which is Switzerland's strength,” he said, urging the Swiss Ambassador to support the re-signing of the MOU between Ho Chi Minh city and Geneva city in the near future.

He added that the year 2021 marks the 50th anniversary of the establishment of diplomatic relations between the two countries. “This is also an important milestone in diplomatic relations and the two sides need to coordinate to organize the events,” he went on to say.

Impressed by the fight against COVID-19, Ambassador Ivo Sieber thanked Ho Chi Minh city’s leaders for their support of foreign citizens, including Swiss citizens during the pandemic.

Talking about the cooperation between Switzerland and Ho Chi Minh city, he said that the two sides have great potential for cooperation.

He committed to support the city in re-signing the MOU with Geneva, and to work with the city in carrying out activities to celebrate the 50th anniversary of the establishment of diplomatic relations between Vietnam and Switzerland.

On the same day, Mr. Nguyen Thanh Phong received Mr. Gareth Ward, the UK Ambassador to Vietnam, in which he confirmed that the city would create favorable conditions for foreign investors and ensure preventive measures against COVID-19 for investors.

Ho Chi Minh city People's Committee Chairman Nguyen Thanh Phong receives UK Ambassador Gareth Ward. (Photo: SGGP)

He also expressed his confidence that as the Vietnam-EU Free Trade Agreement (EVFTA) came into effect, trade relations between the UK with Vietnam in general and with the city in particular will have new developments.

Expressing his thanks to the city for protecting UK citizens' health in the COVID-19 pandemic, Ambassador Gareth Ward said that the Government and the British media were impressed by the quality of the Vietnamese health service during the treatment for the British pilot, bringing about surprisingly positive results.

He also pledged that the UK would actively participate in developing urban construction projects, smart transport and flood prevention in Ho Chi Minh city while continuing to promote cooperation between the two countries./.

Compiled by BTA

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