Bulgaria eyes investment opportunities in HCMC

Vietnamese and Bulgarian enterprises should consider long-term, sustainable partnerships in fields such as infrastructure development, logistics, and maritime industries, while enhancing collaboration in digital transformation and information technology.

President of Bulgaria, Rumen Radev, made the statement at the Vietnam-Bulgaria Business Forum in Ho Chi Minh City on November 27. “In terms of high technology, Bulgaria has numerous leading global companies specializing in building, storing, exploiting, and protecting cloud data,” he said. “This is very favorable for Vietnam, especially Ho Chi Minh City, which has strategies to attract investment in these areas.”

He added that for Ho Chi Minh City, Bulgarian enterprises wish to invest in export processing zones, industrial parks, highways, and the food processing industry. Notably, investment in food processing aims not only to produce locally but also to supply food to Bulgaria.

Deputy Chairman of the Ho Chi Minh City People’s Committee, Vo Van Hoan, emphasized that the city is focused on sustainable development, with four key industries: information technology, electronics, mechanical engineering, and food processing. It also prioritizes the development of high-tech agriculture, renewable energy, healthcare, education, and financial technology (fintech).

“Moreover, the city is the largest innovative startup hub in the country, attracting thousands of businesses in technology and smart solutions,” he continued. “The government has selected the city to establish Vietnam’s international financial center. These are significant opportunities for Bulgarian enterprises looking to invest and cooperate in these advanced fields.”