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Vietnam president finishes Denmark visit

Vietnamese President Truong Tan Sang (R) and Demark's Queen Margrethe II. PHOTO COURTESY OF THE VIETNAM NEWS AGENGY

Vietnamese President Truong Tan Sang on Friday wrapped up his three-day state visit to Denmark at the invitation of Danish Queen Margrethe II.

After arriving in Denmark's capital city Copenhagen September 18, the President of Vietnam met with Danish Crown Prince Frederik and Danish President Helle Thorning-Schmidt. He visited Copenhagen harbor and shipping group Moller Maersk, as well as the Lynetten Wastewater Treatment Plant and the University of Copenhagen.

He also paid a visit to Copenhagen City Hall, where he witnessed the signing of a Memorandum of Understanding on cooperation in urban planning, infrastructure construction, and green growth between Vietnam's capital city of Hanoi and Copenhagen. He also met with staff from the Vietnam Embassy and representatives of the Vietnamese community in Denmark.

Speaking at the Viet Nam-Denmark Business Forum in Copenhagen September 20, Sang said the potential for business corporation between Vietnam and Denmark was very large.

"I think now is the right time for the two countries to boost corporation for mutual economic development," he said. 

"Denmark has its strengths as a source of capital and scientific technology while Vietnam's strong points are agricultural production, abundant and skillful human resources, and a large consumer market."

Sang also called for Danish investment in Vietnamese wind power, renewable energy, sea transport, harbors, pharmaceuticals and machinery.

Trade turnover between the two countries increased to nearly US$470 million last year, up 47 percent over 2008.

Denmark now has 106 investment projects in Vietnam, focusing mainly on processing and manufacturing technology, transportation, warehousing, and wholesaling and retailing, with a total charter capital of $674 million, ranked 25th among 100 countries and territories that have direct investments in Vietnam.

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