Norway workshop introduces Vietnamese business environment

More opportunities for business cooperation are emerging for Vietnamese and Norwegian businesses, especially once the free trade agreement between Vietnam and the European Free Trade Association, which comprises Norway, Iceland, Liechtenstein and Switzerland, is signed, a workshop heard on October 15.
More opportunities for business cooperation are emerging forVietnamese and Norwegian businesses, especially once the free tradeagreement between Vietnam and the European Free Trade Association, whichcomprises Norway, Iceland, Liechtenstein and Switzerland, is signed, aworkshop heard on October 15.

Jointly organisedby the Vietnamese Embassy in Norway and the Oslo Chamber of Commerce,the workshop presented Norwegian enterprises with an overview of thebusiness climate in the Southeast Asian country.

The embassy’s Trade Counsellor Vu Chien Thang pointed to Vietnam’scooperation potential in maritime services, aquaculture, renewableenergy, oil and gas, and information technology.

Duong Ngoc Tuan, Director of Hai Phong’s Planning and InvestmentDepartment, introduced participants to the northern port city’s businessenvironment. He expressed his hope to boost exports of footwear,garments and seafood to Norway, and attract investments from the countryin shipbuilding, support industries, information technology andaquaculture.

Representatives from severalNorwegian companies, such as ORKLA ASA, EWOS Group and SN Power, sharedtheir experience in operating in Vietnam.

Difficulties in running a business still remain, they said, however, thechallenges could be dealt with if enterprises abide by the law andcoordinate closely with Vietnamese partners.

Vietnam is a promising destination for Norwegian companies in SoutheastAsia and acts as an entry point into the Association of Southeast AsianNations (ASEAN), they added.-VNA

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