Business

Vietnam boosts trade promotion with US

Trade promotion between Vietnam and the United States in 2011 will focus on tourism, commerce and investment, said a senior official.

Trade promotion between Vietnam and the United States in 2011will focus on tourism, commerce and investment, said a senior official.

Tu Minh Thien, President of the Ho Chi Minh CityInvestment and Trade Promotion Centre (ITPC), told a meeting in thenation’s largest economic hub on February 18 that his agency will hold anumber of exhibition fairs to support domestic business circles inpromoting exports to the US . He cited an international exhibition onfranchising from April 1-3 and a trade fair on key products from April2-7.

He advised domestic enterprises to be carefulof product quality and use safe payment tools while being in possessionof full knowledge of US import law.

The US Government is very serious about green technology and the recycling industry, Thien said.

Vietnam exports almost 15 billion USD worth of commodities to theUS and spends some 3.5 billion USD in importing US products eachyear. Apparel, footwear, electric appliances,seafood and machinery and equipment are Vietnam ’s major hard currencyearners in the US market./.

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