Hanoi steps up cooperation with Bulgarian localities

Hanoi (VNA) – Vice Standing Chairman of the Hanoi People’s Committee Nguyen Van Suu emphasised that boosting cooperation and investment ties with Bulgarian localities is a key task for the capital during a reception for Bulgarian Minister of Economy Emil Karanikolov on September 17.

At the meeting, the Bulgarian minister said his country, as the current rotating chair of the EU, will make efforts to push for the early signing of the free trade agreement between the bloc and Vietnam.

He stated that the Bulgarian Government will do its best to increase bilateral cooperation with Vietnam and help to create conditions for Vietnamese firms to reach Bulgaria and bring their goods to the 500-million-strong EU market.

The official said his country has spent a great amount on building industrial parks around the capital city of Sofia and expects that Hanoi might make some investments in these parks.

He also called for the Vietnamese capital city’s enhanced engagements with Bulgarian cities and provinces in health, transport, education, and trade.

Agreeing with his guest, Suu said Hanoi is facing difficulties, particularly in transport and construction, during its current rapid development.

The city is looking forward to collaboration with the Bulgarian capital across sectors like industry, trade, tourism, and exports, he added.

The official noted that about 25 companies in Hanoi are ready to cooperate with the Bulgarian side.

He said the local authorities will create good conditions for both sides to form partnerships in contribution to boosting Vietnam-Bulgaria relations. –VNA