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| Vice Chairman of the HCMC People’s Council Nguyen Van Dung (R) and Chairman of Busan Metropolitan Council Ahn Sung-min (Photo: VNA) |
The statement was made by Vice Chairman of the HCMC People’s Council Nguyen Van Dung at a reception on December 20 for Chairman of Busan Metropolitan Council Ahn Sung-min.
Mr. Dung hailed the Republic of Korea (RoK) as the fourth largest investor in HCMC with 2,000 projects worth nearly US$5.4 billion. Around 2,000 Korean firms are doing business and around 80,000 Koreans are living and working in the city, building an important bridge between the two nations.
Dung said the exchange of delegations led by the two cities’ leaders has contributed to propelling cooperation between the localities, especially in fields of their strength and interest.
Ahn, for his part, said his visit aims to further intensify friendly cooperation between the two cities. He said HCMC would contribute to Busan’s development and both sides' efforts to become influential cities in the region.
Expressing his impression of HCMC’s vibrant development, Ahn said Busan always welcomes cooperation from foreign partners and stays ready to share its strengths with the city.
He hoped the two cities will work closely together based on their own strengths to bring practical benefits, firstly in cultural and art and people-to-people exchanges.
HCMC has established friendly and cooperative ties with seven RoK localities, with Busan being the first in 1995.
In 2018, the municipal People’s Council and Busan Metropolitan Council signed a memorandum of understanding on establishing friendly and cooperative ties.
The two cities have been carrying out cooperation in trade, investment, education, cultural and art exchanges.
