Deputy PM pushes Swiss for investment - Economy

Updated

August, 31 2012 09:27:06

Deputy PM pushes Swiss for investment

GENEVA — The Vietnamese Government was always keen to listen to comments from Swiss investors, Deputy Prime Minister Nguyen Thien Nhan said yesterday.

Addressing a meeting with 43 Swiss business people at the Swiss-Asian Chamber of Commerce in Zurich on Wednesday, Nhan said bilateral economic co-operation had brought positive developments despite the world's economic downturn and the European public-debt crisis.

He praised the chamber's efforts in backing Swiss businesses invest in Viet Nam and hoped it would lead to more opportunities.

Deputy Minister of Industry and Trade Nguyen Nam Hai said two-way trade reached almost US$3 billion last year. Switzerland now had 89 investment projects in Viet Nam totalling almost $2 billion, ranking fourth among European nations and 19th among the 95 countries and territories investing in Viet Nam.

Chairman of the Swiss chamber's Viet Nam Committee, Adolf Meier, and Deputy PM Nhan said they believed future two-way trade would grow strongly.

Talking with a Viet Nam News Agency correspondent in Switzerland , Director of the HCM City-based TIM Investment and Management Consulting JSC, Marco Martinelli, said there was huge potential for investment in Viet Nam .

During their five-day tour to Switzerland, Nhan and his entourage are also scheduled to meet Swiss Economy Minister Johann Scheneider Ammann and Interior Minister Alain Berset. — VNS

Send Us Your Comments:

Name:

Your E-mail address:

Title:

VietNamNews may edit your comments and not all emails will be published.

Hightlight

Income not the only measure of poverty

Viet Nam's poverty rate is estimated at around 10 per cent but the number of people who do not achieve social well-being is believed to be much higher. It's necessary to go beyond income when defining people's experiences.

Clouds cover VN weather forecasting

Viet Nam has so far only accomplished 30 per cent of the workload to modernise weather forecasting technology and upgrade monitoring systems.

Viet Nam private equity outlook bounces back

Investors viewing Viet Nam's investment environment favourably has increased over the last six months, according to a bi-annual survey on the nation's private equity outlook done by Grant Thornton Vietnam.

City taxi inspectors urged to crackdown on violations

Taxis operating in HCM City will be subject to greater scrutiny and punishment in the coming months, says Duong Hong Thanh, deputy director of the city's Transport Department.

Shares slide but outlook remains bright