The European Union (EU) wants to become the largest investor in Vietnam, especially in Ho Chi Minh City and neighbouring localities, said Ambassador Bruno Angelet, head of the EU Delegation to Vietnam
Ambassador Bruno Angelet (L) and Chairman of the municipal People’s Committee Nguyen Thanh Phong (Source: VNA)
HCM City (VNA) – TheEuropean Union (EU) wants to become the largest investor in Vietnam, especiallyin Ho Chi Minh City and neighbouring localities, said Ambassador Bruno Angelet,head of the EU Delegation to Vietnam during a meeting in the southern city onMarch 15 with Chairman of the municipal People’s Committee Nguyen Thanh Phong.
According to the ambassador, theEU is currently one of the top three trade partners of Vietnam and the fifthlargest investor in the country.
He said he is impressed by thecity’s continuous progresses to be recently named as one of the top 10 dynamiccities in the world, and wished that the city would continue refining policiesfor foreign investors and paying attention to intellectual property protectionand food safety and hygiene.
The EU is ready to assist Ho ChiMinh City in developing renewable and green energy, including the constructionof green buildings and the effective use of energy, he stated.
Chairman Phong, for his part,spoke highly of the EU’s support to the city in the construction of metro lineNo.2, Soai Rap river dredging, agricultural and climate change responseprojects over the past years.
He expressed his thanks for theguest’s suggestions to improve the local business climate, adding that he backsthe building of a regular dialogue mechanism with the European Chamber ofCommerce in Vietnam (EUROCHAM) to acquire their feedback and promptly clearobstacles facing EU investors.
At the reception, the two sides alsodiscussed the progress of the metro line No.2 construction and sustainabledevelopment of urban infrastructure in the city funded by the EU via the FrenchDevelopment Agency and the German Development Bank KfW.
They agreed to direct concernedagencies to accelerate the above projects, making it easier for the EU toincrease partnership programmes in the city in the near future.-VNA
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Ambassador Bruno Angelet (L) and Chairman of the municipal People’s Committee Nguyen Thanh Phong (Source: VNA) 
