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Opportunities
Oct 23, 2013 / 09:50

Investment opportunities in VN for EU businesses

By Nguyen Ngan

A € 4-million project was signed on October 21 in Ho Chi Minh City to help EU businesses seek investment opportunities in Viet Nam.

 

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The project is seen as a joint effort by the EU Delegation to Viet Nam and the French Chamber of Commerce and Industry in Viet Nam to lure more investment from European businesses, especially small-and-medium-sized (SMEs), in the Southeast Asian country.

 

Under the project, a SME support centre will be inaugurated as scheduled on November 12 on the official visit to Viet Nam by Antonio Tajani, Vice- President of the European Commission. 

The centre will facilitate EU businesses' market survey activities and consult them on Vietnamese laws as well as bilateral economic relationship between the EU and Viet Nam.

According to Chairman of the chamber Pierre-Jean Malgouyres, one of the priorities of the project is to create all favourable conditions for both sides’ businesses to promote their cooperation with specific support programmes and practical services.

Currently, the EU and Viet Nam have prepared the 5th negotiation round on FTA and expect to conclude the agreement in mid-2014.

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