Ho Chi Minh City pledges optimal conditions for Peruvian investors

09:42 | 08/05/2018 Economy

Ho Chi Minh City will create the best possible conditions for Peruvian businesses to successfully invest in the city, especially in the field of tourism, said Chairman of the municipal People’s Committee Nguyen Thanh Phong.

Chairman of the Ho Chi Minh City People’s Committee Nguyen Thanh Phong (R) and Peruvian Ambassador Augusto Morelli - Photo: sggp.org.vn

At a reception for Peruvian Ambassador Augusto Morelli, on May 3, Phong expressed his hope for new steps in the development of cooperation between Ho Chi Minh City and localities in Peru.

The official said he believes that Ambassador Morelli would work as a bridge between Peru and Vietnam, including Ho Chi Minh City.

For his part, Ambassador Morelli said he was impressed by the strong development of Vietnam, particularly the southern metropolis.

Peru and Vietnam share many cultural similarities and have substantial potential for cooperation, especially when the two countries join the Asia-Pacific Economic Cooperation (APEC) forum and the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) agreement.

The diplomat informed his host that he will propose the establishment of a Peruvian Consulate General in Ho Chi Minh City.