HCMC, Daegu city fosters cooperative relations

At the reception, Mr. Kim Seung-su said he was happy to see that HCM City and Daegu city have enjoyed stronger cooperation after the establishment of friendship and cooperative ties. Daegu city’s representative office in HCM City has become an important bridge linking businesses and people of the two cities, he added.

The Vice Mayor briefed his host on Daegu’s potential, noting that it has bolstered the development of the processing, automobile, water equipment, health and mining industries. The city also wants to enhance investment and trade links with HCM City’s enterprises in the coming time, he said.

Daegu is one of the largest cities in the RoK, only behind the capital city of Seoul, Busan and Incheon.

For his part, Vice Chairman of the HCM City’s People Committee Le Thanh Liem said Ho Chi Minh City and Daegu have increased the exchange of high-ranking delegations and jointly organised various activities such as Daegu festivals, business forums and most recently a concert celebrating the third founding anniversary of bilateral relations.

Mr. Liem  also affirmed that Ho Chi Minh City will create optimal conditions for Daegu businesses to invest in the fields where they have advantages and Ho Chi Minh City has demand, particularly infrastructure development, metro system, flood prevention programme and environmental pollution reduction, among others.

By Vien Nhu