HCM City (VNA) – Leipzig city has become the first German localityto open a representative office in Vietnam, contributing to strengthening tradeand investment partnership between the city and Vietnam and connectingbusinesses of the two nations, according to the German Business Association inVietnam.
The office was launched on December 6 at the German Business IncubatorVietnam of the German House in Ho Chi Minh City, with the opening ceremonydrawing more than 120 delegates representing agencies and enterprises of Vietnam,Germany, and Leipzig.
First Mayor of Leipzig Torsten Bonew said that the opening of the officeis one of the important activities to foster ties between Vietnam and Leipzig,especially in trade, investment, automobile, education and training, research,and development cooperation.
With a population of more than 500,000, Leipzig is a big city in theGerman state of Saxony. It is home to a modern infrastructure system and holds strengthsin the automobile, logistics, healthcare, technology, organic food technology, energy,and environmental sectors.
As many as 47 percent of total products made in Leipzig are for export,making local enterprises highly competitive.
Vietnam and Leipzig have shared a sound, long-term partnership,especially in economy, education, and culture.
Ho Chi Minh City and Leipzig signed a strategic cooperation agreement in2015 to further promote their partnership. The deal aims to strengthenbilateral collaboration in economy, healthcare, education, energy, environment,sustainable development, and scientific research.–VNA