Vietnam, Grenada boost cooperation in trade, investment
The Vietnamese Embassy in Venezuela and Grenada, in collaboration with the Grenada Investment Development Corporation (GIDC), recently held a seminar in both in-person and online formats to promote cooperation in investment between the two countries.
Vietnamese Ambassador to Venezuela and Grenada Le Viet Duyen presents a credential letter to Governor-General of Grenada Cécile La Grenade (Photo: VNA)
Hanoi (VNA) – The Vietnamese Embassy in Venezuela and Grenada, incollaboration with the Grenada Investment Development Corporation (GIDC),recently held a seminar in both in-person and online formats to promotecooperation in investment between the two countries.
Speaking at the event, GIDC Vice President RoystonCumberbatch informed participants about the investment fields that the GrenadianGovernment wants to promote as well as its policies to attract foreigninvestors.
According to him, Grenada has many conditions for investorsto tap into, not only in tourism but also in other potential fields such asagriculture, telecommunications, energy and education.
In addition to preferential policies, foreign investors canalso enjoy the advantage of tax exemption when accessing the US and EU markets,he added.
He expressed his hope for more experienced Vietnameseinvestors to come to Grenada to seek investment opportunities in the nearfuture.
Vietnamese Ambassador to Venezuela and Grenada Le Viet Duyensaid that Vietnam has a lot of experience in agriculture and is currently theworld’s leading exporter of many agricultural products such as rice, coffee,pepper, and cashew nuts.
Grenada businesses can find suppliers of quality food, foodstuffsand agricultural products from Vietnam, Duyen stated, adding that Vietnam alsohas many fast-growing and advantageous fields such as green economy, digitaleconomy, electricity, electronics and electric cars.
Within his official visit to Grenada, Duyen had a meetingwith Minister of Agriculture, Lands and Forestry Peter David, who showed hishope to cooperate with Vietnam in aquaculture, and agricultural machinery manufacturing./.
Vietnam attaches importance to developing cooperation with Grenada, Vietnamese Ambassador Le Viet Duyen affirmed while presenting his credentials to the Governor General of Grenada, Cecile La Grenade.
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Vietnamese Ambassador to Venezuela and Grenada Le Viet Duyen presents a credential letter to Governor-General of Grenada Cécile La Grenade (Photo: VNA) 
