Austrian corporations eye funding cooperation with Hanoi | Enterprise

Hanoi Individuals’s Committee Vice Chairman Nguyen Manh Quyen (heart) receives an Austrian delegation led by Philipp Gady, Vice President of the Austrian Federal Financial Chamber, on April 18. (Photograph: The Hanoi Instances

Hanoi (VNA) – Austrian firms wish to cooperate with Hanoi in areas that they’re sturdy in, particularly the event of sensible cities and concrete transport, mentioned Philipp Gady, Vice President of the Austrian Federal Financial Chamber who accompanied Overseas
Minister Alexander Schallenberg throughout a go to to Vietnam from April
16-18.

At a gathering on April 18 with Vice Chairman of Hanoi’s Individuals’s Committee Nguyen Manh Quyen, Gady mentioned Austrian firms hope to early finalise an MoU on cooperation with
Hanoi authorities to advertise bilateral relations.

For his half, Vice Chairman
Quyen mentioned that within the capital’s improvement grasp plan, which is scheduled to be submitted to the Nationwide Meeting for approval in October, sensible metropolis improvement is a high precedence, together with the adoption of applied sciences to handle visitors and the transition to inexperienced vitality.

Throughout this course of, the capital will want the
help of skilled and succesful worldwide companions.

Due to this fact, he mentioned Hanoi welcomes Austrian firms to the town for exploring cooperation prospects.

Austrian Federal Minister for European and Worldwide Affairs Alexander Schallenberg made an official go to to Vietnam from April 16-18 on the invitation of Overseas Minister Bui Thanh Son.

Austria now ranks amongst Vietnam’s high 10 European
buying and selling companions. In 2022, bilateral commerce was value 2.8 billion USD, with
Vietnam exporting practically 2.5 billion USD value of merchandise to the European
nation./.