Co-hosted by the Vietnam Chamber of Commerce and Industry (VCCI) and the Omani Embassy in Vietnam, the get-together formed part of a series of activities held from April 21-25 as representatives of the Oman Chamber of Commerce and Industry (OCCI) and 12 Omani companies are paying a working visit to Vietnam.

Scene at the event.

The Omani firms are seeking local cooperation and business partners in a range of fields, including construction, trade, interior decoration, aquaculture, organic fertilizer, construction materials, foodstuff, tourism, oil and gas services and electric equipment.

VCCI Vice Chairman Doan Duy Khuong said over the past years, diplomatic, economic and commercial relations between the two nations have been improved. With a population of almost 100 million, Vietnam has advantages in exporting garment-textiles, footwear, mobile phones, iron and steel, wood and agricultural products.

Meanwhile, the Middle East country has imported up to 60 percent of its food demand and the figure is forecast to increase in the coming time, making itself a potential market for Vietnamese agricultural products, he said.

Khuong cited statistics from the General Department of Vietnam Customs as saying that two-way trade remained modest, reaching only 120.8 million USD in 2018, up 3.4 percent from the previous year. Of the figure, Vietnam exported products worth 50.8 million USD to Oman, a year-on-year rise of 19.3 percent.

Hamad bin Said al Rubkhi, member of the OCCI Board of Directors and Head of the OCCI Branch in the Governorate of Al Dakhiliyah, said that apart from such potential sectors as oil and gas, tourism, fishing and aquaculture, Oman also has strengths in fine handicraft and hotel services.

Oman is a gateway for products to enter Arabian markets with many seaports, hence, it is necessary to further boost investment and trade ties between Oman and Vietnam, he said.

Over 200 businesses join Int’l Maritime Expo Vietnam 2019

The International Maritime Expo (INMEX) Vietnam 2019 kicked off in Ho Chi Minh City on March 27, attracting more than 200 businesses from home and abroad.

 

Trade union organisations trained to create better work in businesses

A training programme on how to create better work in businesses is being held in Ho Chi Minh City on March 19-20 for leaders of trade union organisations in southern localities.

 

Vietnam Expo 2019 to draw 500 businesses

As many as 500 enterprises from 23 countries and territories are expected to participate in the Vietnam International Trade Fair (Vietnam Expo 2019), scheduled to take place in Hanoi from April 10 to 13.

 

US-ASEAN Business Council bridges US firms and Vietnam: official

The US-ASEAN Business Council (USABC) has worked as an important bridge helping US firms invest in Vietnam and enhancing cooperation between the two nations, said Vice Chairman of the Vietnamese National Assembly Phung Quoc Hien. 

 

Vietnam – South Africa business dialogue held in South Africa

A Vietnam – South Africa business dialogue took place in Cape Town, South Africa on March 13, part of the fourth Vietnam – South Africa inter-governmental partnership forum. 

 

Source: VNA