The seminar organized in
|Rice is loaded at Sai Gon Port for shipment to the Philippines|
Bilateral trade turnover increased five-fold from almost US$400 million in 2001 to over US$2 billion in 2009, with
Mr. by Hua Ngoc Thuan expressed hope that
Hochiminh city has been creating most favourable conditions for projects in this field, the city Vice Chairman said, adding he wished that investors from the
Mr Hua Ngoc Thuan expressed his pleasure at the rapid development of co-operation between
He also briefed about program of the development in Ho Chi Minh City of 6 important sections, including the hi-tech zone project, 5 metro route project, building Thu Thiem urban area, building HiepPhuoc deep water port, contrasting policlinic in Thuduc district… ect.
According to VNA, Vietnamese firms are eagerly eyeing the
With its proximity to
Cau Tre Export Goods Processing Joint Stock Company is one company that typifies the trend.
Its general director, Tran Thi Hoa Binh, said she spent a lot of time in the Philippine capital
"These visits helped me partly understand the tastes of Philippine consumers and identify the segment appropriate for the company's main products such as cha gio (spring roll), cha ca (fish paste), and cha tom (shrimp paste on sugarcane)," she told Tuoi Tre newspaper.
"We have for years exported our products to choosy markets like
"So we do not know what kinds of products are to be exported," Binh said.
The Thanh Phuc Loc Company is also looking for partners in the
In the last two years it has exported hundreds of tonnes of products but only through contracts with a Singaporean partner, Nguyen Hong Phuc, its director, said.
"The demand for industrial salt in the
The Hoang Anh Gia Lai Group (HAGL) expects to find Philippine investors in Vietnamese real estate projects.
Philippine investors had yet to invest in the Vietnamese property market unlike Singaporean and South Korean firms but Vietnamese firms had to introduce market segments appropriate for them, HAGL deputy general director Vo Truong Son said.
Though it would take just four or five days for Vietnamese businesses to ship their goods to Philippine ports, they did not export to that country since they had not yet found potential distributors there, he said.
He stressed the need for Vietnamese entrepreneurs to visit the
Cashew, instant coffee, tea, pepper, plastic goods, garment and textile products, machinery, electrical cables, and electrical and electronic equipment could become popular in the
The latter is now