At the event (Photo: VNA) New Delhi (VNA) – Meetings betweenVietnamese and Bangladeshi firms were held in Dhaka, the capital city ofBangladesh and the port city of Chittagong on November 11 and November 7,respectively, to promote bilateral economic and trade ties.
Co-hosted by theVietnamese Embassy in Bangladesh, the Bangladesh-Vietnam Chamber of Commerceand Industry, the Dhaka Chamber of Commerce and Industry and the ChittagongChamber of Commerce and Industry, the events drew about ten Vietnamese enterprisesoperating in construction materials, farm produce, electrical appliances andtransport services.
The Bangladeshi side announced the Government’spolicy of inviting investment in 100 economic and processing zones nationwide witha number of incentives, with priority given to information technology,telecommunication, farm produce processing, aquaculture, apparel for export,and tourism infrastructure.
They said the countryis reforming and simplifying administrative procedures to facilitate inwardinvestment.
Participantshighlighted a need to hold similar events to increase exchanges and soon launchdirect flights between Vietnam and Bangladesh to facilitate travelling andbusiness.
A majority of Bangladeshienterprises expressed their interest in cooperating with Vietnam in the fieldsof apparel, agro-fisheries, processed food, construction materials,pharmaceuticals and chemicals.
According to the General StatisticsOffice, two-way trade between Vietnam and Bangladesh reached 981 million USD asof September 2021, of which over 90 percent were Vietnam’s exports to the SouthAsian country, up nearly 80 percent annually. The figure is expected to reach 1billion USD this year./.
