Kuwaiti Consul General in Ho Chi Minh City Omar Al-Qenael has expressedhis hope that trade with Vietnam will top 1 billion USD in the comingyears.
At the February 25 ceremony marking the 53rd NationalDay and the 23rd anniversary of the Liberation Day of Kuwait, OmarAl-Qenael noted that the Kuwait – Vietnam ties have come a long waythroughout decades, with some 740 million USD in two-way trade made in2013.
He mentioned the Nghi Son oil refinery and petrochemicalcomplex as one of Kuwait’s high-profile joint ventures in Vietnam.
Towards the expected goal, Vietnamese firms should be moreproactive in market survey and marketing their products in Kuwait viatrade fairs or exhibitions, the diplomat advised, adding that thesevenues provide a helpful platform for information sharing.
Vice Chairman of the municipal People’s Committee Le Thanh Liem, in hisremark, said the City is always ready to welcome Kuwait investors withall possible incentives.
He highly valued the Consul General’sidea of calling for Vietnamese investors to come to Kuwait to directlyseek opportunities.
Liem also took the occasion tocongratulate what Kuwait has gained in the past, including an economicgrowth of 4.5 percent last year, the second highest in the Persian Gulf.
He showed his upbeat that bilateral ties will become expansive on the back of their potential and ever-growing development.-VNA
At the February 25 ceremony marking the 53rd NationalDay and the 23rd anniversary of the Liberation Day of Kuwait, OmarAl-Qenael noted that the Kuwait – Vietnam ties have come a long waythroughout decades, with some 740 million USD in two-way trade made in2013.
He mentioned the Nghi Son oil refinery and petrochemicalcomplex as one of Kuwait’s high-profile joint ventures in Vietnam.
Towards the expected goal, Vietnamese firms should be moreproactive in market survey and marketing their products in Kuwait viatrade fairs or exhibitions, the diplomat advised, adding that thesevenues provide a helpful platform for information sharing.
Vice Chairman of the municipal People’s Committee Le Thanh Liem, in hisremark, said the City is always ready to welcome Kuwait investors withall possible incentives.
He highly valued the Consul General’sidea of calling for Vietnamese investors to come to Kuwait to directlyseek opportunities.
Liem also took the occasion tocongratulate what Kuwait has gained in the past, including an economicgrowth of 4.5 percent last year, the second highest in the Persian Gulf.
He showed his upbeat that bilateral ties will become expansive on the back of their potential and ever-growing development.-VNA
