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HCM City seeks investment

Update: September, 25/2012 - 09:45

HCM CITY (VNS)— HCM City wanted to attract investment from enterprises of the Philippines, municipal People's Committee Vice Chairman Le Manh Ha said yesterday.

Ha was receiving the Speaker of the Philippines House of Representatives, Feliciano Belmonte, who is on a visit to Viet Nam.

He said the two countries had many geographical and socio-economic similarities. They also had common concerns over the protection of sovereign islands in the East Sea on the basis of peace and co-operation.

The two sides expressed their pleasure over co-operation between HCM City and localities in the Philippines, such as exchanges of high-ranking delegations and enterprises seeking co-operation and investment.

Belmonte said he hoped to gain experience from HCM City's leaders on the organisation and management of district-level government.

He also sought support for the Filipino community living in the city as a bridge to promote co-operation. — VNS

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