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VN, Belarus hold business forum

Update: December, 09/2015 - 09:06

HA NOI (VNS) — The Viet Nam Chamber of Commerce and Industry and the Belarusian Chamber of Commerce and Industry organised a Viet Nam-Belarus Business Forum in Ha Noi yesterday to foster future partnerships.

Chairman of the Belarusian Chamber of Commerce Belarus Mikhail Mialikov and over 30 businesses operating in agriculture machinery, mining equipment, automobile components, farm products, and beverage shared their high estimations of co-operation with Viet Nam.

They expressed the hope that the affiliation between the business circles of the two countries will be strengthened, especially in their core areas.

The forum updated Vietnamese and Belarus business people about the current policies and incentives on imports of the respective countries.

It also enabled the participating businesses to seek long-term partnerships and investment opportunities.

Hoang Quang Phong, vice chairman of the VCCI, commented that co-operation and investment between Viet Nam and Belarus is crucial at a time when commitments in the free trade agreement between Viet Nam and Russia, Kazakhstan, Belarus, and Armenia, along with Kyrgyzstan are implemented.

Two-way trade between Viet Nam and Belarus in the first eight months of this year hit US$95.8 million.

Viet Nam's exports to Belarus include aquatic products, wooden products, textiles, and footwear, in addition to rice, natural rubber, peanuts, and cashew. The other exports are tea, canned fruit and vegetables, pharmaceuticals and computers, while the imports are fertilisers, machinery, automobile spare parts, and trucks, apart from chemicals from Belarus.

Belarusian President Aleksandr Grigorievich Lukashenko has been here for a state visit to Viet Nam to promote traditional friendship and multi-faceted links between the two countries. — VNS

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