Ambassador Le Viet Duyen had a meeting with Grenada Minister of Agriculture, Land, Forest and Labor Peter David
(Photo: baoquocte.vn)
The event was co-hosted by the Vietnamese Embassy in Venezuela, concurrently in Grenada, in coordination with the Grenada Investment Development Corporation (GIDC) on the occasion Ambassador Le Viet Duyen paid a working visit to Grenada.
At the seminar, GIDC Vice President Royston Cumberbatch briefed participants on investment fields that the Government of Grenada desires to promote as well as policies aimed at attracting foreign investors.
The GIDC representative stated that Grenada offers optimal conditions for investors to exploit, not only in tourism, but also in other potential fields such as agriculture, telecommunications, energy and education. Foreign investors, when investing in Grenada, in addition to receiving preferential policies, also have the advantage of tax-free access to the US and EU markets.
The GIDC Vice President emphasized that the seminar held within the framework of Ambassador Le Viet Duyen's working visit has opened up prospects ahead for bilateral cooperation in economy, trade and investment.
He also wished that more experienced Vietnamese investors will come to Grenada to look for investment opportunities in the near future.
Speaking at the seminar, Ambassador Le Viet Duyen said that after 35 years of pursuing the Doi Moi (Renewal) process, Vietnam has become the 40th largest economy in the world with a total GDP of US$ 343 billion in 2021, while per capita income is being constantly improved.
The Ambassador stressed that Vietnam has a lot of experience in the agricultural sector and is currently the leading exporter of many agricultural products in the world such as rice, coffee, pepper, and cashew nuts. Grenada businesses can find suppliers of high quality food and agricultural products from the Vietnam, he added.
In addition, Vietnam also has many fast-growing and highly advantageous fields such as green economy, digital economy, electrical industry, electric car production, the Vietnamese diplomat said.
According to Mr. Duyen, Vietnamese businesses will be interested in learning about policies and preferential conditions given by the Government of Grenada, and expressed his belief that with the cooperation of the GIDC and the Ministry of Foreign Affairs, the two sides will soon have investment cooperation projects in the future.
On this occasion, Ambassador Le Viet Duyen had a meeting with Grenada Minister of Agriculture, Land, Forest and Labor Peter David. During the meeting, Peter David expressed his impression with Vietnam's development, especially the long-standing and diversified agriculture, which has made an important contribution to the national development.
He wishes to cooperate with Vietnam in the field of aquaculture, seafood, production of agricultural machinery to contribute to the development of the agricultural industry in Grenada.
Ambassador Le Viet Duyen said that apart from the agricultural sector, Vietnam also has strengths in production experience, human resources, and techniques, especially having experience in cooperation with Cuba and Venezuela in carrying out agricultural development projects such as seed breeding, rice cultivation, and aquaculture.
The two sides agreed to soon strengthen exchanges between the the two ministries of agriculture, and organize scientific seminars between the two sides to share experience in fields of shared concern towards the signing of an agreement on agricultural cooperation in the coming time./.