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Vermont welcomes VN investors to seize opportunities

Update: September, 27/2013 - 08:43

The main Vietnamese exports to Vermont were farm produce, garments and footwear.—Photo aip

HCM CITY (VNS) — Many investment chances are waiting for Vietnamese investors in the US in general and Vermont State in particular, according to participants at conference held yesterday in HCM City by the Viet Nam Chamber of Commerce and Industry (VCCI).

At the conference, which included representatives of US law companies and Vermont authorities, delegates said the relationship between Viet Nam and Vermont was expected to develop strongly in the future.

Lawrence Miller, Secretary of Commerce for the State of Vermont, said that the main industries of his state were tourism and agriculture. Education and healthcare are also important to the state's economy.

He said that student exchanges and tourism would continue to strengthen relations between Viet Nam and Vermont.

They were always ready to support for Vietnamese investors to come to Vermont and vice versa, he affirmed.

Many investment chances are waiting for Vietnamese investors in the US in general and Vermont State in particular, according to participants at conference held yesterday in HCM City by the VCCI.— File Photo

Speaking to Viet Nam News, Hoang Kim Son, head of the Viet Nam Trade Representative Office in West Coast, said that "the main Vietnamese exports to Vermont were farm produce, garments and footwear."

"Vietnamese investors must pay attention to developing tourism products here because we are a tourism destination. Every year, there are many EU tourists who come to our state to go skiing," he added.

Vermont is a small state in northeastern region of the United States. With a population of 600,000 and a size of 25,000sq.km, the state has many investment opportunities and potential in tourism, agriculture and the paper industry.

Bilateral trade turnover between Viet Nam and the US stands at US$25 billion.

Son said that the growth rate of trade turnover between Viet Nam and the US since the beginning of this year is expected to reach 18-20 per cent. — VNS

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