Mar 8, 2012

Vietnam - Dutch businesses seek investment opportunities in Mekong Delta



A Dutch delegation visited Can Tho City on March 6 to seek investment opportunities in the Mekong Delta.

It included large businesses operating in fields of technical design, consultancy, water management, cultivation, cattle feed, education and training, such as Royal Haskoning, Tebodin Boskalis, Witteveen Bos, Howaco, East West Seed, De Heus, Ten Kate, Control Union and Nuffie-Neso.

At a reception they were briefed by leaders of Can Tho City on the economic potential of the Mekong Delta and local businesses who wished for trade cooperation with them.

Vietnam and the Netherlands officially established diplomatic relations on April 9, 1973. Since 1990, Vietnam has exported 40 groups of products, including seafood, footwear, garment and textile, coffee, rice and pepper to the Netherlands.

Vietnam has imported 44 kinds of goods such as machinery, pharmaceuticals, medical equipment, materials for garment and textile, chemicals, plastics, and dairy products from that country.

In 2010, Vietnam's exports to the Netherlands reached $1.68 billion while its imports stayed at $527 million.

Currently, the Netherlands has over 130 investment projects in Vietnam with a total registered capitalisation of $5.7 billion. Most of the projects are focused on food processing, oil and gas exploration, chemicals, cosmetics, hotel, construction and services in the southern region.

Heineken, Unilever, Royal Dutch, Akzo Nobel Coating, Philips, ED&F Man, Peja Vietnam, P&O Nedlloyd and ABN-AMBRO and some other trade names have become familiar with Vietnamese consumers.

VOV



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