VN-Belarus economic ties promoted

Update: April, 28/2014 - 08:29
Most fruit and vegetable exporters are optimistic that 2014 will bring promising sales, with already a dramatic surge in orders from traditional markets, such as Russia, Japan, Ukraine and Belarus.— File Photo

MOSCOW (VNS) — A seminar on promoting trade, investment, tourism and labour co-operation between Viet Nam and Belarus was held in the latter's capital city of Minsk on Friday.

Vietnamese Ambassador to Belarus Do Van Mai said the two countries were making efforts to boost two-way trade and investment, as well as expand connections in industry, credit and export assistance.

In addition to tourism and trade ties, labour export has emerged as a field of significant potential for both sides' businesses. Hoang Kim Ngoc, deputy head of the Overseas Labour Management Department under the Ministry of Labour, War Invalids and Social Affairs, suggested Vietnamese companies recruit and train workers carefully in order to gain a firm foothold in the Belarusian labour market.

Belarusian Ambassador to Viet Nam Valery Sadokho noted that bilateral economic relations were enjoying stable development, with two-way trade currently approaching US$200 million.

The progress of negotiations on a free trade area between the Customs Union of Russia, Kazakhstan and Belarus and Viet Nam offered a chance to further bolster trade, he said.

The seminar also offered a chance for the two countries' businesses to meet and seek partners. The countries aim to raise trade turnover to US$500 million by 2015. — VNS