Investment and business opportunities in Vietnam were made known to Romanian public during a recent workshop in Galati city, an economic hub in the east of the European country.
Attending the event on June 24 were President of the Galati County Council Nicolae Dobrovici Bacalabasa, Galati County Prefect Dorin Otrocol, Mayor of Galati Marius Stan, and business executives.
Ambassador Tran Xuan Thuy provided an overview on Vietnam as a peaceful and politically stable country and an emerging market which holds excellent potential for trade, investment and tourism.
He was supported by Trade Councillor Le Ngoc Thi, who elaborated on economic relations between the two countries as well as cooperation prospects.
At the workshop, the Romanian side spoke highly of Vietnam’s political, economic and social achievements and expressed their willingness to realise bilateral cooperation potential.
Otrocol suggested more information exchange and twinning Galati with some localities of Vietnam.
Statistics from the Romanian Ministry of Economy show that two-way trade reached 123.1 million USD in 2013.
Of that sum, Vietnam exported 85.5 million USD and imported 37.6 million USD worth of goods, up 7.2 percent and 35 percent from 2012 respectively.
Key Vietnamese exports included coffee, electronic devices, frozen aquatic products, footwear and garments. Meanwhile, main imports were electronic and plastic products, steel materials, and chemicals.-VNA
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