Vietnam, Brazil promote trade, investment cooperation
The office of the Vietnam Chamber of Commerce and Industry in Ho Chi Minh City (VCCI-HCMC) in conjunction with the Brazil Embassy in Vietnam held a seminar in the city on October 5 to boost the bilateral cooperation in trade and investment.
The office of the Vietnam Chamber of Commerce and Industry in Ho Chi Minh City (VCCI-HCMC) in conjunction with the Brazil Embassy in Vietnam held a seminar in the city on October 5 to boost the bilateral cooperation in trade and investment.
Tran Ngoc Liem, Deputy Director of the VCCI-HCMC, said that the trade relation between Vietnam and Brazil has been unceasingly strengthened and developed over the past years. The bilateral trade turnover reached almost 937 million USD in 2010 and exceeded 1 billion USD for the first time in 2011.
The two countries have also signed many agreements, creating legal basis and favourable conditions for the bilateral cooperation in many fields, especially in economics, trade and investment.
According to Victoria Alice Cleaver, Brazilian Ambassador to Vietnam , the country’s businesses are trying their best to seek investment opportunities in the Vietnamese market. Therefore, the two countries’ investment promotion agencies should update information and incentives, as well as answering queries for businesses wishing to penetrate into the market.-VNA
Tran Ngoc Liem, Deputy Director of the VCCI-HCMC, said that the trade relation between Vietnam and Brazil has been unceasingly strengthened and developed over the past years. The bilateral trade turnover reached almost 937 million USD in 2010 and exceeded 1 billion USD for the first time in 2011.
The two countries have also signed many agreements, creating legal basis and favourable conditions for the bilateral cooperation in many fields, especially in economics, trade and investment.
According to Victoria Alice Cleaver, Brazilian Ambassador to Vietnam , the country’s businesses are trying their best to seek investment opportunities in the Vietnamese market. Therefore, the two countries’ investment promotion agencies should update information and incentives, as well as answering queries for businesses wishing to penetrate into the market.-VNA
You should also see
PM calls on ASEAN to pen strategic development vision
The Association of Southeast Asian Nations (ASEAN) should have a strategic and comprehensive vision, and improve its resilience capacity to grasp opportunities and handle global headwinds for stable and sustainable development, Prime Minister Pham Minh Chinh said on April 23.
See more
Business
Tra fish export to UAE jumps 67% in Q1
Vietnam’s tra fish export to the United Arab Emirates (UAE) reached more than 7 million USD in the first quarter of this year, a rise of 67% against the same period last year, statistics of the General Department of Customs showed.
Business
Central bank successfully auctions 3,400 taels of SJC-branded gold bars
The State Bank of Vietnam (SBV) released the outcome of the gold bullion auction on April 23, with two winning bidders securing 34 lots, equivalent to 3,400 taels of SJC-branded gold bars.
Business
Masan completes 250-million-USD investment deal with Bain Capital
Masan Group Corporation on April 23 announced that it has completed the mobilisation of 250 billion USD from Bain Capital, a leading global private investment firm with assets worth 180 billion USD under management.
Business
Capital shortage - headache for construction firms
Domestic construction companies will continue to face difficulties in the second quarter of this year with capital shortage top of their problems, a report has revealed.
Business
An Giang bosters border economy
The Mekong Delta province of An Giang, billed as an economic centre that links Ho Chi Minh city, Can Tho city and Cambodia’s Phnom Penh, has paid due attention to developing border trade and logistics infrastructure so as to tap its border economic potential.
