Israeli President visits Ho Chi Minh city

Chairman Phong expressed his happiness to welcome Israeli President Reuven R. Rivlin to Ho Chi Minh city, saying that over the past years, the two sides had signed a number of documents on agricultural, commercial, financial and education cooperation. At present, Israel has invested over 10 projects with a capital of some USD10 million in Ho Chi Minh city. Chairman of the Ho Chi Minh city People’s Committee added that he hoped to welcome greater investment from Israel in the future.

During the reception, President Reuven R. Rivlin revealed his belief that the economic, trade and investment relations between the two countries would see stronger development in the future, and that Israeli businesses would continue to invest in Ho Chi Minh city, especially in areas that are strengths of Israel, including hi-tech agriculture, information and technology, chemicals and telecommunications.

After the reception, Chairman Phong and President Reuven R. Rivlin witnessed the signing of a memorandum of understanding worth USD200 million between the Dat Vang (Golden Land) Real Estate Investment Joint Stock Company and Jasmine Group in healthcare area in Ho Chi Minh city.

The Israeli President also attended the Vietnam – Israel Business Forum and witnessed the signing ceremony on research development cooperation for businesses between the Vietnamese Ministry of Science and Technology and the Israeli Creative Commission.

Earlier, President Reuven R. Rivlin visited a dairy farm using Israeli technology in Pham Van Hai commune, Binh Chanh district; and visited a school, medical foundation and social project for disabled people in Ho Chi Minh city./.