A number of businesses met in Hanoi on March 8 to explore trade andinvestment opportunities with ASEAN and EU partners.
As part of the ASEAN–EU Business Summit, the event was organised by the Vietnam Chamber of Commerce and Industry (VCCI).
Addressing the event, VCCI Chairman Vu Tien Loc said ASEAN is adynamic economic region with average annual growth of 5.5 percent. Ithas rising purchasing power and a higher role in the internationalarena, he added.
The two regions have agreed toboost economic links for sustainable growth. The businesses are readyto thrive in fields of their strength and high demand like footwear,agro-fishery, human resource development, clean energy andinfrastructure, Loc said.
A Myanmarrepresentative introduced to international investors promising fieldslike transport infrastructure, sea ports, roads and trans-nationaltransport, especially in the Greater Mekong Sub-region.
Participants also pointed out shortcomings in ASEAN, like the economicdevelopment gap among member nations, differences in environment, andlaws on investment and trade, especially taxation, customs, economic andtechnology potential, and human resource quality.
They suggested governments promptly negotiate a suitable cooperationmechanism and establish a free trade area between the two regions.-VNA
As part of the ASEAN–EU Business Summit, the event was organised by the Vietnam Chamber of Commerce and Industry (VCCI).
Addressing the event, VCCI Chairman Vu Tien Loc said ASEAN is adynamic economic region with average annual growth of 5.5 percent. Ithas rising purchasing power and a higher role in the internationalarena, he added.
The two regions have agreed toboost economic links for sustainable growth. The businesses are readyto thrive in fields of their strength and high demand like footwear,agro-fishery, human resource development, clean energy andinfrastructure, Loc said.
A Myanmarrepresentative introduced to international investors promising fieldslike transport infrastructure, sea ports, roads and trans-nationaltransport, especially in the Greater Mekong Sub-region.
Participants also pointed out shortcomings in ASEAN, like the economicdevelopment gap among member nations, differences in environment, andlaws on investment and trade, especially taxation, customs, economic andtechnology potential, and human resource quality.
They suggested governments promptly negotiate a suitable cooperationmechanism and establish a free trade area between the two regions.-VNA
