VN, Austrian firms seek co-operation opportunities

August 25, 2016 - 17:00

Currently, Austria ranks seventh among the 10 largest importers in the European Union of Vietnamese goods such as footwear, smart phones, electronics and garments, with a turnover of US$2.2 billion in 2015.

Vietnamese and Austrian enterprises at the event hoped to seek partners in a wide range of sectors. - VNA/VNS Photo Bich Yen

Viet Nam News

AUSTRIA – Vietnamese and Austrian enterprises attended at a business-to-business platform in Austria on Tuesday to seek partners in the fields of clean energy, banking, telecommunications and garments, besides food.

Representative of the Việt Nam Chamber of Commerce and Industry (VCCI) Nguyễn Hoàng Thắng described this event as a good opportunity for Vietnamese enterprises to get updated information about the European Union market and then draw up their business strategy to access the market more effectively.

Participants at the event said Austria would be a good gateway for Vietnamese businesses to penetrate the lucrative European Union market. Meanwhile, Việt Nam will help Austrian firms to enter potential markets in Southeast Asia.

In his speech, Georg Brunauer, CEO of Novapecc Co, which specialises in hi-tech industries, said his company planned to enter the Vietnamese market as soon as possible.

Việt Nam, meanwhile, is the largest trade partner of Austria in Southeast Asia. Austria’s total turnover from exports, including machinery, electronics, steel products and medicines, to Viet Nam hit $412 million in 2015.

The business exchange in Austria was organised as part of a Vietnamese business delegation’s trip led by the VCCI to the European Union from August 18 to 28. - VNS

Tags co-operation VN Austria

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