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HCM City, Malaysia boost trade cooperation

Ho Chi Minh City wants to boost cooperation with foreign countries, including Malaysia, and will create an open business environment for foreign investors, said a city senior official.
HCM City, Malaysia boost trade cooperation ảnh 1At the reception (Source: VNA)
HCM City (VNA) – Ho Chi Minh City wants to boost cooperation withforeign countries, including Malaysia, and will create an open businessenvironment for foreign investors, said a city senior official.

Huynh Cach Mang, Vice Chairman of the municipal People’s Committee, made thestatement while receiving Chong Chieng Jen, Deputy Minister of Domestic Tradeand Consumer Affairs of Malaysia in HCM City on November 2.

Vice Chairman Mang expressed his pleasure at the strong development ofVietnam-Malaysia relations since the establishment of diplomatic ties 45 yearsago, especially after the two sides set up the strategic partnership in 2015.

HCM City is proud of contributing to the sound bilateral ties, especially in economic,trade and tourism cooperation, he said.

Malaysian Deputy Minister Chong Chieng Jen expressedhis pleasure to pay a working visit to Ho Chi Minh as Vietnam and Malaysia arecelebrating the 45th anniversary of diplomatic ties.

The Malaysia government attaches importance to developing the strategicpartnership with Vietnam, especially in economy and trade, and highly values growthpotential of Vietnam in general, and Ho Chi Minh City in particular, he said.

Malaysia wants to promote cooperation with and attract investment from thecity’s enterprises, he said, hoping that the HCM City would be one of Malaysianinvestors’ prioritised destinations in the future.

Malaysia is running 247 projects with total registered capital of 4.6 billionUSD in Ho Chi Minh City, ranking third among 100 countries and territoriesinvesting in southern hub.

In 2017, import-export turnover between Ho Chi Minh City and Malaysia reached3.4 billion USD, accounting for half the bilateral trade between Vietnam andMalaysia. In the first eight months of 2018, HCM City welcomed more than257,000 Malaysian tourists. - VNA
VNA
#Ho Chi Minh City 🅰#Vice Chairman of the municipal People’s Committee Huynh Cach Mang 🐻#Deputy Minister of Domestic Trade and Consumer Affairs of Malaysia in HCM City Chong Chieng Jen #Vietnamplus #Vietnam News Agency #open business environment Ho Chi Minh City Malaysia

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