During a meeting with First Mayor of Hamburg Olaf Scholz on July 7 within the framework of his official working visit to Germany, PM Phuc suggested the state encourages its businesses to invest in Vietnam, especially in the spheres of their strength such as shipbuilding, petro-chemistry, aviation-aerospace, electronics, precision mechanics, chemicals and optical equipment.

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PM Nguyen Xuan Phuc (Left) and First Mayor of Hamburg Olaf Scholz

The PM also recommended Hamburg to beef up cooperation in seaport management, planning and development with port cities of Vietnam, including Da Nang, Hai Phong and Ho Chi Minh City, thus helping them get international scale and standards.

Mayor Scholz expressed his delight at positive development steps in the strategic partnership between the two nations in all areas, particularly in trade-investment, to which Hamburg has made a remarkable contribution.

He noted that Hamburg is home to the second largest system of seaports in Europe and the third largest in the world, where around 145 million tons of cargo are transited each year.

Hamburg is also a major gateway for Vietnamese goods to enter Germany and Europe, Scholz said, adding that the number of containers from and to Vietnam through the Hamburg port has increased 50 percent in recent years.

The Mayor applauded the PM’s proposals, saying that Hamburg will work with Vietnam to deploy cooperation initiatives in the future.

He also spoke highly of contributions by the Vietnamese community in Hamburg to strengthening friendship and trade-investment ties between Hamburg and Vietnam.

Source: VNA