The roundtable conference takes place in Tel Aviv on June 29 (Photo: VNA)Tel Aviv (VNA) - Nearly 30 Israeli enterprises came together at a roundtable conferencein Tel Aviv on June 29 to explore business and investment opportunities in Vietnam.
They are active infields such as farm produce processing, aquaculture, dairy, telecoms, medicalequipment, water treatment, and high technology in security and agriculture.
Vietnamese Ambassadorto Israel Do Minh Hung told participants that Vietnam has successfully curbedthe COVID-19 pandemic and is implementing a number of policies to boosteconomic recovery, draw foreign investment, and welcome a shift of productioninvestment to Vietnam post-pandemic.
With a large marketand active engagement in bilateral and multilateral free trade agreements(FTAs), Vietnam holds a great deal of potential, he said, adding thatcooperation between Vietnam and Israel is developing well and the two sides areactively negotiating an FTA.
The ambassador welcomedIsraeli companies to explore cooperation opportunities with Vietnamesepartners.
Two-way trade between Vietnamand Israel surpassed 1.15 billion USD in 2019, with Vietnam’s exports to Israelworth 774 million USD .
Israel is the third-largestexport market of Vietnam in the Middle East.
In the first fivemonths of 2020, Vietnam exported 274 million USD worth of goods to Israel andimported 375 million USD worth of goods.
Israel has had 31investment projects worth 78.99 million USD in Vietnam, ranking it 50th out of 135 countries and territories./.
VNA
