Romania seeks oil and gas cooperation with VN

Romania wants to cooperate with Vietnam in oil and gas and the petrochemical industry in the near future, a representative from its Ministry of Economy, Trade and Business Environment said.
Romania wants to cooperate with Vietnam in oil and gas and the petrochemical industry in the near future, a representative from its Ministry of Economy, Trade and Business Environment said.

Valentin Brebenel, who is also Coordinator for Asia, said at a business conference on Nov. 24 in Hanoi that Romania welcomes all suggestions, from drilling, constructing oil refineries to exploring for oil and gas in a third country.

In addition to these fields, Romanian businesses also want to cooperate with Vietnam in manufacturing ball bearings and pharmaceuticals, and especially in building fishing ports, he said.

Speaking highly of Vietnam’s role as ASEAN chair in 2010, the official affirmed that Vietnam is an important partner of Romania in ASEAN and Vietnam would become a gateway for Romania in the region to develop cooperation with Laos, Cambodia and Myanmar.

Deputy Minister of Industry and Trade Le Danh Vinh also called for the business communities of the two countries to promote cooperation for the mutual benefit.

According to the Ministry of Industry and Trade, in 2009, two-way trade between Vietnam and Romania grew to about 100 million USD and reached 70 million USD in the first nine months of this year./.

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