Ho chi minh city is a main city of economy, culture, science and technology in Vietnam and the center of industry occupying 29% of domestic gross of production, 40% of consumer goods, 2/3 of total export goods and 30 ~ 40% of foreign investment. The municipal government is steadily driving development of the capital market and reforms of finance and economy.
Bilateral exchange has significantly increased taking an occasion of declaration of Ho chi minh day by Busan on Nov. 3 in 2005 following designation of Busan day by Ho chi minh and signing an agreement to enhance friendship between the two sides on Sep.15 in 2004
Busan Mayor, Moon Jung-su and Chairman of People's Committee of Ho chi minh, Truong Tan Sang signed an sister city relationship agreement on Nov.3 in 1995