HCM City, Russia’s Kursk province strengthen cooperation

A meeting between the southern Vietnamese city of Ho Chi Minh City’s authorities and the delegation of Kursk province was held in Ho Chi Minh City on December 9.

Speaking at the meeting, Vice Chairman of the People’s Committee of Ho Chi Minh City Le Thanh Liem said Vietnam and Russia have a sound traditional relationship which is a foundation for their localities to promote cooperation. Economics, trade and investment should be focal cooperation fields of Ho Chi Minh City and Russia’s Kursk province, he noted.

Enhanced locality-to-locality cooperation will create favourable 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 programmes with Vietnam. Notably, Ho Chi Minh City is the place that has drawn much interest from Russian enterprises.

He suggested Kursk and HCM 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.

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

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 HCM City through tourism, youth exchanges and education.