Tuesday, 16/11/2021 17:22 (GMT+7)
The Vietnamese Embassy in Bangladesh, the Bangladesh-Vietnam Chamber of Commerce and Industry, the Dhaka Chamber of Commerce and Industry and the Chittagong Chamber of Commerce and Industry recently organized two meetings between Vietnamese and Bangladeshi businesses in Dhaka, the capital city of Bangladesh, and the port city of Chittagong to promote bilateral economic and trade ties.
Ambassador Pham Viet Chien and Vietnamese businessmen (Photo: baoquocte.vn)
Vietnamese enterprises operating in construction materials, farm produce, electrical appliances and transport services attended the events.
At the events, the Bangladeshi side announced the Government’s policy of inviting investment in 100 economic and processing zones nationwide with a number of incentives, with priority given to information technology, telecommunication, farm produce processing, aquaculture, apparel for export, and tourism infrastructure.
They said the country is reforming and simplifying administrative procedures to facilitate inward investment.
In addition, participants highlighted a need to hold similar events to increase exchange and soon launch direct flights between Vietnam and Bangladesh to facilitate travel and business.
A majority of Bangladeshi enterprises expressed interest in cooperating with Vietnam in the fields of apparel, agro-fisheries, processed food, construction materials, pharmaceuticals and chemicals.
The General Statistics Office said that two-way trade between Vietnam and Bangladesh reached 981 million USD as of September 2021, of which over 90 percent were Vietnam’s exports to the South Asian country, up nearly 80 percent annually. The figure is expected to reach 1 billion USD this year./.
BTA