HA NOI (VNS)— Finland hoped to foster co-operation with Viet Nam in key sectors such as hi-tech industries, clean technology and education, said Janne Sykko, Trade Counsellor at the Finnish Embassy in Ha Noi, during a conference yesterday.
|Workers process rubber at the Cam Lo Rubber Latex Processing Factory. Rubber is one of the nation's key exports to Finland. – VNA/VNS Photo Trong Dat
The counsellor emphasised science and technology as one of Finland's strong areas, saying that the country hoped to gradually transfer its know-how to Viet Nam.
The bilateral economic relations between Viet Nam and Finland have developed significantly in the past few years, said Doan Duy Khuong, vice chairman of the Viet Nam Chamber of Commerce and Industry.
Finland has been offering Viet Nam effective assistance in rural development and waste water treatment and helped improve the country's management capacities in the trade sector, he said.
Yesterday's event also featured presentations on untapped potentials in the Finnish market and co-operative programmes and financial support tools the Finnish government offered for Vietnamese enterprises to establish relationships with Finnish partners and improve their competitive skills.
Two-way trade reached US$200 million in 2011 and $260 million in the first nine months of this year. During the January-September period, Viet Nam exported $79 million worth of goods to Finland including coffee, rubber, footwear, textiles and garments, handicrafts, wooden goods, imported machines, garment raw materials and electric and telecommunications equipment.
In terms of investment, Finland ranks 26th out of 96 countries and territories investing in Viet Nam, with seven projects worth a total of $335 million. — VNS