Chairman of Hanoi People's Committee Nguyen Duc Chung received Hungary's Minister of Foreign Affairs and Foreign Economic Relations
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In particular, the UK Ambassador Giles Lever confirmed that with the potential of bilateral relations between Vietnam and United Kingdom, the two sides should further expand in the areas of education, investment, finance. Known deals are focusing on investment and infrastructure development, public transport, the Ambassador confirmed that the two sides to expand cooperation on capital and credit will support the city in this field. Accordingly, he desired that City Chairman will direct the concerned agencies to support bilateral investment, promotion activities, educational exchanges and experience sharing.
Meanwhile, Ambassador Ng Teck Hean said that Vietnam - Singapore cooperation ties is increasingly expanding and growing. In recent years, more than 15,000 leaders and senior officials of Vietnam have been learning in Singapore. Singapore's investment in Vietnam has increased sharply since the 1990s at the urging of the leaders of the two countries. Accordingly, companies are eager to expand Singapore's localities and areas of activity in Vietnam, especially in Hanoi.
Agreeing with the recommendations and sharing with the ambassadors of the United Kingdom, City Chairman said that infrastructure development is a breakthrough of Hanoi, so always expecting to receive support, to share experience from London, which plays the leading role in this field. Hanoi is also trying to call for foreign investment in the form of both public and private aspect. This fund would be used to develop appropriate infrastructure, such as the subway system, overhead trains.
City Chairman Nguyen Duc Chung received a delegation of Hungary to visit and work in Hanoi
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Congratulating City Chairman Nguyen Duc Chung on his new position, Hungary's Minister of Foreign Affairs and Foreign Economic Relations - Peter Szijjarto confirmed that the government has always appreciated and valued the cooperation with Vietnam. He also shared Hungary's agreement to support concessional loans of USD 500 million to support Vietnam in the fields of water treatment, food processing, information technology and so on.
City Chairman Nguyen Duc Chung confirmed that Hanoi has always created favorable conditions for foreign businesses to invest in Vietnam, at the mean time informing that in March 2016, Hanoi will organize investment promotion conference on fields that Hanoi is interested in; expects to open a new wave of investment in the Capital.
