Bulgarian President Rumen Radev’s recent Vietnam visit, which also took in HCMC, sparks renewed interest in Vietnam-Bulgaria ties. The visit has reignited enthusiasm for fostering traditional ties between Vietnam and Bulgaria. It included high-level talks, a business forum, and cultural exchanges, highlighted opportunities for strengthening the partnership between the two nations, with HCMC emerging as a focal point for these efforts. Complementary market strengths “HCMC is not only Vietnam’s economic hub but also a regional economic center,” said Vo Van Hoan, vice chairman of the HCMC People’s Committee, during the Vietnam-Bulgaria Business Forum on November 27. “We welcome Bulgarian businesses to invest in HCMC. The city always considers the success of foreign investors in the city as our own,” he added. The forum, which attracted over 250 businesses from both countries, demonstrated Bulgaria’s interest in exploring opportunities in the Vietnamese market, particularly in HCMC. With a gross regional domestic product (GRDP) of US$65.5 billion, accounting for around 15.5% of Vietnam’s GDP by the end of 2023, HCMC offers substantial investment potential for international investors. As of October 30, the city had 13,391 active foreign-invested projects, valued at over US$58.39 billion, according to the HCMC Department of Planning and Investment. HCMC’s […]
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