ID :
25190
Sat, 10/18/2008 - 09:32
Auther :
Shortlink :
http://m.oananews.org//node/25190
The shortlink copeid
VIIF 2008 offers cooperation opportunities to businesses
Hanoi (VNA) - The Vietnam International Industrial Fair 2008 (VIIF 2008) offers a chance for Vietnamese and foreign businesses to seek partners and boost cooperation.
A representative from the Indian Embassy in Vietnam told a Vietnam News
Agency reporter at the VIIF 2008 opening ceremony on October 17 that India
always considers the participation in the event as an important part of its
annual bilateral trade promotion programme with Vietnam .
This year's fair is drawing the participation of 150 Indian enterprises
operating in agriculture and farm product processing, electricity,
information technology and auto parts, he said.
Indian businesses usually received some 300 orders from Vietnamese partners
during the course of such a fair, he added.
He also said that the two-way trade turnover between the two countries
rose to 800 million USD in 2006 from 195 million USD in 1999. The figure
reached 1.6 billion USD in the first nine month of this year and is expected
to exceed 2 billion USD by 2010.
India has become one of the ten largest investors in Vietnam .
Besides Essar and Tata steel companies, many other Indian businesses are
seeking business opportunities in mineral exploitation and processing,
fertiliser production and garment in Vietnam .
Su Jin Ha, Director of the Republic of Korea 's Dong Yang Metal Co.,
Ltd, expressed her belief that with Vietnam 's open economy and large
shipbuilding potential, her company will find many partners through this
fair.
Domestic enterprises also described the fair as an important bridge
between them and foreign partners.
According to Nguyen Manh Hung, a representative from the Thang Long
Metallurgy Co, Ltd, - Vietnam 's leading household utensil producer, the
fair has remarkably contributed to its annual export turnover growth of 30
percent. At this year's fair, the company will focus on seeking new foreign
partners in addition to Asian and European ones, he said.
Deputy Minister of the Culture, Sports and Tourism Huynh Vinh Ai said in
the context that Vietnam continues to be considered as a potential and
stable market for foreign investors despite the increasing global economic
crisis, VIIF 2008 will help promote investment, economic-technical
cooperation and trade between domestic and foreign enterprises.
VIIF 2008, which will last until October 21, is attracting over 400
Vietnamese and foreign businesses.-Enditem
A representative from the Indian Embassy in Vietnam told a Vietnam News
Agency reporter at the VIIF 2008 opening ceremony on October 17 that India
always considers the participation in the event as an important part of its
annual bilateral trade promotion programme with Vietnam .
This year's fair is drawing the participation of 150 Indian enterprises
operating in agriculture and farm product processing, electricity,
information technology and auto parts, he said.
Indian businesses usually received some 300 orders from Vietnamese partners
during the course of such a fair, he added.
He also said that the two-way trade turnover between the two countries
rose to 800 million USD in 2006 from 195 million USD in 1999. The figure
reached 1.6 billion USD in the first nine month of this year and is expected
to exceed 2 billion USD by 2010.
India has become one of the ten largest investors in Vietnam .
Besides Essar and Tata steel companies, many other Indian businesses are
seeking business opportunities in mineral exploitation and processing,
fertiliser production and garment in Vietnam .
Su Jin Ha, Director of the Republic of Korea 's Dong Yang Metal Co.,
Ltd, expressed her belief that with Vietnam 's open economy and large
shipbuilding potential, her company will find many partners through this
fair.
Domestic enterprises also described the fair as an important bridge
between them and foreign partners.
According to Nguyen Manh Hung, a representative from the Thang Long
Metallurgy Co, Ltd, - Vietnam 's leading household utensil producer, the
fair has remarkably contributed to its annual export turnover growth of 30
percent. At this year's fair, the company will focus on seeking new foreign
partners in addition to Asian and European ones, he said.
Deputy Minister of the Culture, Sports and Tourism Huynh Vinh Ai said in
the context that Vietnam continues to be considered as a potential and
stable market for foreign investors despite the increasing global economic
crisis, VIIF 2008 will help promote investment, economic-technical
cooperation and trade between domestic and foreign enterprises.
VIIF 2008, which will last until October 21, is attracting over 400
Vietnamese and foreign businesses.-Enditem
