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VN lays red carpet for Ningbo’s enterprises

VGP – The Vietnamese Government pledges to spare no effort to strengthen the comprehensive ties with China in general and Zhejiang Province as well as Ningbo City in particular, said PM Nguyễn Tấn Dũng at the Việt Nam-China Economic-Trade Forum.

04/29/2010 12:09

PM Nguyễn Tấn Dũng underscores vast potentials and opportunities in the Vietnamese market while delivering his keynote speech at the Việt Nam-China Economic-Trade Forum, Ningbo City, China,  April 29, 2010 – Photo: VGP/Nhật Bắc

The event was jointly held by the Việt Nam Chamber of Commerce and Industry (VCCI), Việt Nam’s Embassy in China and the Ningbo Foreign Trade and Economic Cooperation Bureau on the occasion of the visit of the Vietnamese Government’s chief to Zhejiang Province.

Cementing ties with Ningbo’s enterprises

Việt Nam’s business climate has got better in the recent years and Ningbo’s business circle is eager to shake hands with Vietnamese peers, said Mr. Mao Guanglie, Mayor of the Chinese locality.  

In 2009, the Việt Nam-Ningbo trade turnover stood at US $330 million, up 47%. As of the first three months of 2010, around 30 Ningbo enterprises set up business or representative offices in Việt Nam with about US $60 million in capital. 

The figures are fairly modest compared to the fine political and friendly ties as well as the huge advantages and strong aspiration of the two countries, remarked PM Dũng.    

The Vietnamese PM took the occasion to highlight the trade and investment potentials and opportunities in Việt Nam as well as the Vietnamese Government’s desire for better comprehensive linkages with China in general, Zhejiang Province and Ningbo in particular. 

PM Nguyễn Tấn Dũng (center) witnesses the signing ceremony of the Memorandum of Understanding on Friendly Cooperation between the People’s Committee of Đồng Nai and Ningbo’s local government, Ningbo, April 29, 2010 – Photo: VGP/Nhật Bắc

PM Dũng also called on investors of China, Zhejiang Province and Ningbo City to strengthen their presence in Việt Nam to seize business opportunities here.

At the forum, the Vietnamese PM witnessed the signing ceremony of the Memorandum of Understanding on Friendly Cooperation between the People’s Committee of Đồng Nai and the Ningbo’s Local Government.

PM Nguyễn Tấn Dũng (center) and his entourage visit Ningbo Port, Ningbo, China, April 29, 2010 – Photo: VGP/Nhật Bắc

On the same day, PM Dũng and the Vietnamese high-ranking delegation dropped by the Ningbo Port, a modern multi-functional and comprehensive deep-water port with a history of more than 1200 years.

As scheduled, in the afternoon, PM Nguyễn Tấn Dũng, his spouse and entourage will leave Ningbo City for Shanghai City to attend the Shanghai World Expo.  

By Hương Giang