City to help promote SMEs
HCM CITY — The city will
support small-and medium-sized-enterprises (SMEs) in the coming period with
trade fairs and exhibitions that will promote high quality products and services
provided by the sector, a senior official has said.
Nguyen Van Lai, director
of the HCM City Department of Industry and Trade, said that these events would
help the sector get information and find new export markets, business
opportunities, potential customers and partners.
Many activities and events
organised by the city’s Centre for Investment and Trade Promotion have seen
about 70 foreign delegations from 15 foreign countries and 233 businesses visit
the city so far this year to explore business and investment opportunities.
HCM City attracted more
than US$8 billion in foreign direct investment (FDI) in the first nine months of
the year, a sixfold increase over the same period last year, the centre
announced at a review meeting held recently.
It began the year with
meetings between Government representatives and officials from the Association
for American Business in Singapore (Singapore Amcham) to open investment
opportunities in the field of infrastructure, including roads, ports, airports
A recent investment and
co-operation forum organised by the centre drew the participation of more than
300 Vietnamese and Spanish businesses.
At these meetings and
events, city officials committed to help investors in sorting out site clearance
problems and guide them in the implementation of investment procedures.
The centre said it planned
to co-operate with the Japan External Trade Organisation (Jetro) in the near
future to hold events designed to promote exports and attractFDI. — VNS