Ho Chi Minh City, Russia’s Kursk province seek to fuel partnerships

Economics, trade and investment should be focal cooperation fields of Ho Chi Minh City and Russia’s Kursk province, Vice Chairman of the People’s Committee of the southern Vietnamese city Le Thanh Liem has said.

Meeting with a Kursk delegation on December 9, he said Vietnam and Russia have a sound traditional relationship, which is a foundation for their localities to promote cooperation.

Vice Chairman of the Ho Chi Minh City People’s Committee Le Thanh Liem (C) welcoming Kursk Deputy Governor Krivolapov Aleksandr Nikolacvich
Vice Chairman of the Ho Chi Minh City People’s Committee Le Thanh Liem (C) welcoming Kursk Deputy Governor Krivolapov Aleksandr Nikolacvich

As the biggest economic hub in Vietnam, Ho Chi Minh City is now an attractive destination for many Russian localities and enterprises to seek investment and business opportunities.

Enhanced locality-to-locality cooperation will create favorable conditions for both Vietnamese and Russian companies, he noted, adding that his authorities pledge to facilitate Kursk firms’ activities in Ho Chi Minh City.

Talking about the two localities’ cooperation potential, Kursk Deputy Governor Krivolapov Aleksandr Nikolacvich said Russian localities, including Kursk, have designed plans to step up cooperation programs with Vietnam. Notably, Ho Chi Minh City is the place that has drawn much interest from Russian enterprises.

He suggested Kursk and Ho Chi Minh City support each other in developing such spheres as industrial and hi-tech parks and mechanics. Kursk, which is also strong at producing energy and electricity equipment, can satisfy the demand of manufacturing, processing and construction companies in Vietnam.

Kursk’s agricultural and food product businesses also want to distribute their goods in retail chains in the Southeast Asian nation, he noted, adding that his province’s administration wishes to boost connections with Ho Chi Minh City through tourism, youth exchanges and education.

Source: VNA



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