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Business delegation from Macau visits Vietnam
Date :  15/03/2012
A delegation of 40 businesses from Macau visited Vietnam’s southern Ho Chi Minh (HCM) City on Tuesday to promote economic cooperation with their local partners.

The businesses are involved in fields such as food and beverages, retail, environmental services, financial investment and property management.

Economic ties between Vietnam and China’s Macau have achieved moderate results, with two-way trade turnover reaching only 34 million U.S. dollars in 2011, said Pham Van Cong, deputy consul general and commercial counselor of Vietnam to China’s Hong Kong and Macau.

Vietnam mainly exports aquatic products and seafood, coffee, cashew nuts, vegetables and consumer goods to Macau, while importing equipment and plastics from the region.

Cong said it is necessary to create conditions for businesses to exchange information, seek partners and cooperate to boost economic and trade ties between the two countries.

On this occasion, the Department of Trade Promotion’s HCM City Office in cooperation with the Macau Organization of Trade and Investment Promotion and the Northern Macau Association of Industry and Commerce held an exchange for promotion of the two sides’ businesses.

A representative of the Macau delegation introduced their economic strengths and potential and called for Vietnamese businesses to invest in tourism in the region. He pledged to provide the most favorable conditions for Vietnamese businesses to invest and do business in Macau.

Source: Macau Daily Times

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