Vietnamese diplomat has called upon companies

Washington (VNA) - A Vietnamese diplomat has called upon companies from the US
and its state of Texas to expand business and investment activities in Vietnam
, pledging favourable conditions for them to cash in on this market.

Le Dung, Vietnamese Consul General in the city of Houston, delivered this request
at a Nov. 19 meeting there, with more than 70 representatives of businesses in
Texas, including ExxonMobil, Chevron and EVA Airlines.

The official spoke of Vietnam’s market economy, with the second largest
population in Southeast Asia, of whom 70 percent are under 40 years old.

Being considered as a gateway to Southeast Asia and bordering the region’s
leading market of China, Vietnam boasts a favourable location to ratchet up its
economic, investment and trade linkages with other nations, he said.

Dung told the participants that Vietnam is sparing no efforts to improve its
investment environment for foreign investors and integrate more deeply into the
world economy.

The Government of Vietnam consistently pursues a policy of being a friend and a
reliable partner to other nations and will fully implement its commitments to the
international community, the diplomat stressed.

Regarding the country’s investment attraction, Dung said Vietnam prioritises the
fields of high technology, supporting industries, infrastructure and human
resource development, agricultural product processing, and energy, development of
rural areas and agriculture.

US representatives lauded the opening of the Vietnamese Consulate General in
Houston, saying it will help develop economic, trade and educational ties between
Texas and Vietnam.

Jim Edmonds, chairman of the Port of Houston Authority Commission, said the port,
which handles the largest volume of foreign cargo in the US, is willing to receive
goods imported from Vietnam. He also promised to boost two-way trade between
Vietnam and Texas and with the US as a whole.-Enditem