Ho Chi Minh City eyes cooperation with Luxembourg in science-technology and green finance
Prime Minister of Luxembourg Xavier Bettel held that HCM City and Luxembourg hold substantial cooperation opportunities, and that Luxembourg’s enterprises will be sustainable, reliable partners of local firms, helping them expand connections with the European market.
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| Chairman of the Ho Chi Minh City People’s Committee Phan Van Mai welcomes Prime Minister of Luxembourg Xavier Bettel. (Photo: VNA) |
Ho Chi Minh City wishes to learn from Luxembourg’s experience and cooperate with the European country in science-technology and green finance, towards building a financial centre in the time ahead, a municipal official said on May 5.
At a reception for Prime Minister of Luxembourg Xavier Bettel, Chairman of the HCM City People’s Committee Phan Van Mai stressed that PM Bettel’s visit will contribute to boosting cooperation activities between the city and the European nation.
The official noted that HCM City stands ready to cooperate with Luxembourg partners in the fields of high-tech, digital transformation, renewable energy and green energy.
Mai used this occasion to thank Luxembourg for its financial support to HCM City in the rollout of climate adaptation projects, and called on the PM to continue connecting the city with Luxembourg partners.
HCM City always welcomes foreign partners and enterprises, including those from Luxembourg, to operate in the city, he affirmed, adding that HCM City wants to strengthen cooperation with businesses of Luxembourg in the areas in which the southern largest economic hub has potential and demand like agricultural product processing, high-tech agriculture and manufacturing.
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| Prime Minister of Luxembourg Xavier Bettel beats the gong to open the May 5 trading session at the Ho Chi Minh Stock Exchange (HOSE). (Photo: VNA) |
For his part, PM Bettel held that HCM City and Luxembourg hold substantial cooperation opportunities, and that Luxembourg’s enterprises will be sustainable, reliable partners of local firms, helping them expand connections with the European market.
The two countries should create more favourable conditions for their businesses to operate in the respective markets, he continued.
Sharing Mai’s view, the PM said finance, especially green finance, will offer good cooperation opportunities to Luxembourg and HCM City, stressing that Luxembourg is committed to assisting Vietnam and HCM City in particular in this field, as well as sustainable development.
He said cooperation in traditional spheres like education, environmental protection, climate change response, renewable energy and green energy will be maintained.
While in HCM City, PM Bettel attended and delivered a speech at a Vietnam - Luxembourg business forum, visited the Ho Chi Minh Stock Exchange, and the War Remnants Museum, and found out about climate change impacts in the area along Sai Gon River.
(Source: VNA)
