Senior leaders of the two Parties, countries have maintained exchanges under different flexible forms to strengthen the political trust, and widen practical cooperation in various fields. The bilateral trade turnover growth in 2021 between the two nations reached nearly US$170 billion, an increase of nearly 25 percent over 2020. In the first five months of the year, the bilateral trade turnover gained nearly US$73 billion.
Secretary Nguyen Van Nen believed that with the role of the Chinese Consul General to Ho Chi Minh City, Mr. Wei Huaxiang will have more contributions to promoting the cooperation relations between Ho Chi Minh City with ministries, agencies and localities in China, especially Mr. Wei Huaxiang will be a bridge to promote investment cooperation, people-to-people exchange and share population management experience, transport management, housing development and creative start-up encouragement between HCMC with China’s localities.
Currently, China ranks 18th out of 116 countries, territories having investment in the city with a total investment of nearly US$240 million. In 2021, the total export turnover between HCMC and China gained around US$28 billion.
Chinese Consul General to Ho Chi Minh City Wei Huaxiang expressed his thankfulness that the city leaders have extended to him along with prompt support for his working tenure in the city. Mr. Wei Huaxiang proposed cooperation programs between HCMC and China’s localities in terms of logistics, smart city, digital economy, health, infrastructure and social housing projects along with promoting people-to-people communications to deepen the comprehensive strategic cooperation between the two countries.
