A trade and investment promotion conference chaired by the Vietnamese Embassy and Trade Office in Egypt was organised in Egypt's Aswan province on April 11 to draw local businesses' attention to Vietnam.
At the conference, Vietnamese Ambassador Do Hoang Long informed local officials and participating businesses of Vietnam's development policies, economic strengths and development potential, and the country's key export products.
The Vietnamses diplomat also introduced the participants to the Investment Law and preferential policies to attract more foreign investment in Vietnam, and emphasising that thanks to these policies, around 20 billion USD has been poured into the country annually.
Ambassador Long affirmed that cooperation potential between the two countries is not taken full of advantages as bilateral trade gained just nearly 390 million USD in 2015, of which 20 million USD came from Egypt's exports.
The ambassador took the occasion to propose Aswan province administration to provide information about its policies and projects that are calling for investment, while suggesting to establish links between the Vietnamese Embassy and Aswan province's Chamber of Commerce to connect the two nations' businesses.
At the conference, President of the Aswan Chamber of Commerce Mohamed Abu Al Kassem called for Vietnam's investment in the locality's strong fields like seafood processing and mining, and suggested Vietnam exempt visas for Aswan businesses.
Source: The Hanoitimes
Keywords: Vietnam, promotes, to draw attention, Egypt, businesses
