The Vietnam Chamber of Commerce and Industry (VCCI) and the Bulgarian Small and Medium Enterprises Promotion Agency (BSMEPA) hosted a forum in Hanoi on October 11 to boost Vietnam-Bulgaria cooperation in trade and investment.
Addressing the event, Boriana Mintcheva, Head of BSMEPA International Cooperation and Project Division highlighted the competitive edge of the Bulgarian economy thanks to its strategic location in southeastern Europe as well as its investment and tax incentive policies for foreign investors.
At present, Bulgaria mainly exports machinery, medical technology and pharmaceutical products to Vietnam while Vietnam’s exports to Bulgaria are mostly coffee beans, pepper and seafood, Mintcheva said.
Nguyen Hoa Cuong, Vice Director of Business Development Department under the Ministry of Planning and Investment underlined that last year, Bulgaria only invested in eight projects in Vietnam, which remains modest compared to the two countries’ relations, adding he hopes the forum will help increase the capital flow from Bulgaria.
At the event, VCCI and BSMEPA signed a cooperation agreement to create conditions for the two countries’ businesses to enhance investment cooperation in the near future.
Business & Investment Opportunities
YourVietnamExpert is a division of Saigon Business Corporation Pte Ltd, Incorporated in Singapore since 1994. As Your Business Companion, we propose a range of services in Consulting, Investment and Management, focusing three main economic sectors: International PR; Healthcare & Wellness;and Tourism & Hospitality. We also propose Higher Education, as a bridge between educational structures and industries, by supporting international programs. Sign up with twitter to get news updates with @SaigonBusinessC. Thanks.
No comments:
Post a Comment