Delegates at the Vietnam-Belarus Business Council and the Vietnam-Belarus Business Forum in HCM City on December 6 (Photo: VNA) HCM City (VNS/VNA) - Belarus not only wants to export its productsto Vietnam, but also transfer technologies and establish joint productionplants in Vietnam with local firms, a bilateral business forum heard in Ho ChiMinh City December 6.
Speaking at the first ever meeting of the Vietnam-Belarus Business Council andthe Vietnam-Belarus Business Forum, Belarus’ Deputy Minister of Agriculture andFood Igor Brylo said Vietnam is a traditional trade partner for his country inAsia.
The 2016 free trade agreement between the Eurasian Economic Union and Vietnamhas boosted investment and trade between the two countries significantly, hesaid.
Vo Tan Thanh, Director of the Vietnam Chamber of Commerce and Industry’s HCMCity office, said last year bilateral trade rose 7 percent to 101 million USD.
The two countries are making efforts to increase it to 500 million USD asagreed by their governments, he said.
In 2016 Belarusian-Vietnamese joint venture “MAZ Asia”, Belarus’s firstinvestment in this country, was licensed in the northern province of Hung Yen.
It has finished construction of a plant and expects to produce 1,500 Maz trucksa year in the first phase, Thanh said.
“Belarus firms also plan to invest in some other projects in manufacturing anddairy and set up a bus assembly plant in Vietnam,” he said.
As the country’s economic hub, HCM City is a promising location for Belarusianbusinesses, he said.
Denis Nikolaev, trade counsellor at the Belarusian embassy, said his countryhas set up joint production plants in Vietnam, transferred technology andtrained human resources.
“Belarus is willing to shift from pure sales of goods to Vietnam to technologytransfer and setting up joint production plants,” Brylo said.
Besides, Vietnam could act as a gateway for Belarus to ASEAN markets while hiscountry could be one of the gateways for Vietnamese goods such as seafood, tea,coffee, and others to penetrate the Eurasian Economic Union, he said.
Andrei Shakhanovich, deputy chairman of the Belarusian Chamber of Commerce andIndustry, said 60 leading businesses, which are showcasing their products atthe 2018 Vietnam Expo in HCM City and participating the forum, hope to find newpartners in HCM City.
“We promise to make more efforts to promote cooperation between businesses ofthe two countries.”
Nguyen Quang Hung, chairman of the Vietnam-Belarus Council, expressed the hopethat many Vietnamese and Belarusian firms would explore trade, investment,science and technology, and tourism opportunities.
The council would be a good channel for dialogue between businesses andgovernment agencies of the two sides, he said.
At the same time the council would help find solutions to difficulties faced byenterprises doing business in the other country, he said.
The event was organised by the VCCI and the Belarusian Chamber of Commerce andIndustry. — VNS/VNA
Speaking at the first ever meeting of the Vietnam-Belarus Business Council andthe Vietnam-Belarus Business Forum, Belarus’ Deputy Minister of Agriculture andFood Igor Brylo said Vietnam is a traditional trade partner for his country inAsia.
The 2016 free trade agreement between the Eurasian Economic Union and Vietnamhas boosted investment and trade between the two countries significantly, hesaid.
Vo Tan Thanh, Director of the Vietnam Chamber of Commerce and Industry’s HCMCity office, said last year bilateral trade rose 7 percent to 101 million USD.
The two countries are making efforts to increase it to 500 million USD asagreed by their governments, he said.
In 2016 Belarusian-Vietnamese joint venture “MAZ Asia”, Belarus’s firstinvestment in this country, was licensed in the northern province of Hung Yen.
It has finished construction of a plant and expects to produce 1,500 Maz trucksa year in the first phase, Thanh said.
“Belarus firms also plan to invest in some other projects in manufacturing anddairy and set up a bus assembly plant in Vietnam,” he said.
As the country’s economic hub, HCM City is a promising location for Belarusianbusinesses, he said.
Denis Nikolaev, trade counsellor at the Belarusian embassy, said his countryhas set up joint production plants in Vietnam, transferred technology andtrained human resources.
“Belarus is willing to shift from pure sales of goods to Vietnam to technologytransfer and setting up joint production plants,” Brylo said.
Besides, Vietnam could act as a gateway for Belarus to ASEAN markets while hiscountry could be one of the gateways for Vietnamese goods such as seafood, tea,coffee, and others to penetrate the Eurasian Economic Union, he said.
Andrei Shakhanovich, deputy chairman of the Belarusian Chamber of Commerce andIndustry, said 60 leading businesses, which are showcasing their products atthe 2018 Vietnam Expo in HCM City and participating the forum, hope to find newpartners in HCM City.
“We promise to make more efforts to promote cooperation between businesses ofthe two countries.”
Nguyen Quang Hung, chairman of the Vietnam-Belarus Council, expressed the hopethat many Vietnamese and Belarusian firms would explore trade, investment,science and technology, and tourism opportunities.
The council would be a good channel for dialogue between businesses andgovernment agencies of the two sides, he said.
At the same time the council would help find solutions to difficulties faced byenterprises doing business in the other country, he said.
The event was organised by the VCCI and the Belarusian Chamber of Commerce andIndustry. — VNS/VNA
VNA
