Trade promotion centre commits to boosting investment

Ho Chi Minh City’s Investment and Trade Promotion Centre (ITPC) will enhance market expansion activities abroad in the near future, especially encouraging enterprises to invest in Laos, Cambodia and Myanmar.

Ho Chi Minh City’s Investment and Trade Promotion Centre (ITPC) will enhance market expansion activities abroad in the near future, especially encouraging enterprises to invest in Laos, Cambodia and Myanmar.

ITPC Director Pho Nam Phuong made the declaration at a January 22 conference to map out measures implementing the centre’s plan in 2014.

Phuong said the ITPC will step up cooperation with southern localities and commercial counseling agencies in foreign countries to help internal and external producers and businesses expand their export-import activities.

The centre will also call on and facilitate the operation of multi-national groups and investors in Vietnam , while encouraging domestic enterprises to further foster their investment abroad.

Speaking at the event, Vice Chairwoman of the municipal People’s Committee Nguyen Thi Hong praised the efforts made by ITPC in the last year to bring Vietnamese goods to regional and international markets.

She said that the centre contributed to strengthening trade and investment cooperation between the Vietnamese business community and those from foreign countries.

Hong asked ITPC to optimise its operations to become a prestigious agency in promoting the city’s trade and investment activities and socio-economic development as well as assisting enterprises in enhancing their production and business.

In 2013, ITPC implemented many trade and investment promotion programmes, contributing to the city’s economic growth through organising forums, fairs and exhibitions.

It also held meetings and exchanges to popularise new policies in the fields of tax, customs and investment licensing for producers, businesses and investors.-VNA

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