The Ambassador of Vietnam, Nahuyen Quang Thue, has invited Pakistani businessmen and people to visit Vietnam to tap business opportunities and tourism.
Speaking at a workshop on "Vietnam--business and Tourism', organised jointly by Karachi Chamber of Commerce and Industry, (KCCI) and the Trade Mission of Vietnam at KCCI auditorium, he said that after 20 years of reforms, Vietnam successfully mobilised necessary resources and created favourable conditions for developing Vietnam into "wealthy people, strong country with a just, democratic and civilised society".
He said that his country has great opportunities for strong leap to another level of development in the coming year 2010, and turned the country to a basically industrialised economy by the year 2020.
He said that traditional relations of friendship and multifaceted co-operation between Vietnam and Pakistan have been constantly strengthening and expanded to multiple fields, such as policies, economy and close co-ordination and co-operation on regional and international forums. He said that up to now the two countries have signed 9 agreements and MOUs with solid basis for promotion of the multi-faceted co-operation between the two countries. The two sides maintain that mechanism of political consultation and joint commission meeting would promote excellent relations between the two countries, he added.
He said that two-way trade among countries has emerged as one of the most outstanding fields of co-operation, and continues to develop. The import and export in 2008 between the two countries saw an increase of 12 percent, reaching around $150 million.
KCCI President Anjum Nisar said that two-way trade should be expanded due to huge potential market. At present trade between Pakistan and Vietnam is very limited. There is a large potential for export to Vietnam like cement, cotton, and cotton t yarn, auto parts, pharmaceutical products etc.