Plenty of opportunity for Belgium businesses in Vietnam

News 09:33 13/09/2014 499
Twenty eight cooperative projects between Wallonie-Bruxelles and Vietnam will be implemented in 2013-2015 with total investment capitalisation of US$4.5 million.

These projects focus on French language teaching, communications, cultural diversification, human resource improvement, healthcare cooperation, technical and vocational training, and scientific research and environment protection.

Ambassador to Belgium Pham Sanh Chau made the announcement at a seminar on investment in Vietnam, opportunity and challenge held in Liege City, Belgium on December 5 within the framework of the international trade fair.

Chau briefed Belgium businesses on Vietnam’s current investment environment and growing relations between Vietnam and Wallonie-Bruxelles over the past 20 years.

Awex Investment Company’s Director General, Philippe Suinen spoke highly of Vietnam’s investment potential and emphasised that Belgium businesses have plenty of opportunity to invest in Vietnam, especially in the fields of agricultural processing, waste treatment and environment protection.

He stressed that the two countries should boost bilateral cooperation to create development opportunities for Vietnam and more jobs for local people.

Cooperation between Vietnamese and Belgium localities has developed strongly, as seen in the growing of flowers and bonsai between East Flanders and Da Lat, the rearing of basa fish between East Flanders and Can Tho, urban planning and waste water management between Namur and Thua Thien-Hue, heritage protection between Brabant Wallon and Phu Tho and infrastructure construction between Anvers Port and Haiphong and Ho Chi Minh City ports.

Currently, Belgium has 40 investment projects worth 98 million euro in Vietnam.

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