HCM City hopes to increase trade and cooperation with Belarus in education, logistics, healthcare, and textiles, experts said in a Việt Nam-Belarus business forum held this morning in the city.
Belarus not only wants to export its products to Viet Nam, but also transfer technologies and establish joint production plants in Viet Nam with local firms, a bilateral business forum heard in HCM City yesterday.
The Viet Nam - Belarus Business Council, intended to accelerate bilateral trade and investment relations between the two business communities made its debut in Ha Noi on Thursday.
Deputy Prime Minister of Belarus Vladimir Semashko and his delegation on Friday attended the signing ceremony of a business cooperation contract in the northern province of Hung Yen.
President Tran Dai Quang has expressed his hope that Viet Nam and Belarus will join hands in more investment projects covering such areas as agricultural product processing, machinery manufacturing, infrastructure construction and metro routes.
Vietnamese businesses will have to put in at least 50 per cent of the charter capital if they are entering into automobile joint ventures with partners from Russia and Belarus.
Co-operation in trade and investment between Viet Nam and Belarus is
enjoying ample opportunities brought about by the free trade agreement
between Viet Nam and the Eurasian Economic Union which took effect
earlier this month.
The House of Representatives of Belarus and Kyrgyzstan''s national
assembly ratified the free trade agreement (FTA) between the Eurasian
Economic Union (EAEU) and Viet Nam on May 25.
Viet Nam has completed negotiations on bilateral agreements on
automobile manufacturing and assembling with Russia and Belarus,
according to the Ministry of Industry and Trade.
The Viet Nam Chamber of Commerce and Industry and the Belarusian
Chamber of Commerce and Industry organised a Viet Nam-Belarus Business
Forum in Ha Noi yesterday.
The Vietnam-Eurasian Economic Union Free Trade Agreement signed on May
29 is expected to offer ample opportunities and tough challenges to
Vietnamese businesses.
Viet Nam''s garments and textiles sector is exerting efforts to renovate
its production methods so it could maintain its status as a top world
garments producer.
The Viet Nam Pangasius Association has asked the Ministry of
Agriculture and Rural Development to continue negotiating with the
Customs Union of Russia, Belarus and Kazakhstan to allow all Vietnamese
pangasius enterprises to export to their market.