A Vietnamese diplomat has called uponcompanies from the US and its state of Texas to expand business andinvestment activities in Vietnam , pledging favourable conditions forthem to cash in on this market.
Le Dung, VietnameseConsul General in the city of Houston, delivered this request at a Nov.19 meeting there, with more than 70 representatives of businesses inTexas, including ExxonMobil, Chevron and EVA Airlines.
The official spoke of Vietnam’s market economy, with the second largestpopulation in Southeast Asia, of whom 70 percent are under 40 yearsold.
Being considered as a gateway to Southeast Asia and bordering theregion’s leading market of China, Vietnam boasts a favourable locationto ratchet up its economic, investment and trade linkages with othernations, he said.
Dung told the participants that Vietnam is sparing no efforts toimprove its investment environment for foreign investors and integratemore deeply into the world economy.
The Government of Vietnam consistently pursues a policy of being afriend and a reliable partner to other nations and will fully implementits commitments to the international community, the diplomat stressed.
Regarding the country’s investment attraction, Dung said Vietnamprioritises the fields of high technology, supporting industries,infrastructure and human resource development, agricultural productprocessing, and energy, development of rural areas and agriculture.
US representatives lauded the opening of the Vietnamese ConsulateGeneral in Houston, saying it will help develop economic, trade andeducational ties between Texas and Vietnam.
Jim Edmonds, chairman of the Port of Houston Authority Commission, saidthe port, which handles the largest volume of foreign cargo in the US,is willing to receive goods imported from Vietnam. He also promised toboost two-way trade between Vietnam and Texas and with the US as awhole./.
Le Dung, VietnameseConsul General in the city of Houston, delivered this request at a Nov.19 meeting there, with more than 70 representatives of businesses inTexas, including ExxonMobil, Chevron and EVA Airlines.
The official spoke of Vietnam’s market economy, with the second largestpopulation in Southeast Asia, of whom 70 percent are under 40 yearsold.
Being considered as a gateway to Southeast Asia and bordering theregion’s leading market of China, Vietnam boasts a favourable locationto ratchet up its economic, investment and trade linkages with othernations, he said.
Dung told the participants that Vietnam is sparing no efforts toimprove its investment environment for foreign investors and integratemore deeply into the world economy.
The Government of Vietnam consistently pursues a policy of being afriend and a reliable partner to other nations and will fully implementits commitments to the international community, the diplomat stressed.
Regarding the country’s investment attraction, Dung said Vietnamprioritises the fields of high technology, supporting industries,infrastructure and human resource development, agricultural productprocessing, and energy, development of rural areas and agriculture.
US representatives lauded the opening of the Vietnamese ConsulateGeneral in Houston, saying it will help develop economic, trade andeducational ties between Texas and Vietnam.
Jim Edmonds, chairman of the Port of Houston Authority Commission, saidthe port, which handles the largest volume of foreign cargo in the US,is willing to receive goods imported from Vietnam. He also promised toboost two-way trade between Vietnam and Texas and with the US as awhole./.
