US businesses to visit Viet Nam in November
HANOI – A US business delegation, led by the Commerce Department Secretary, plans to seek investment opportunities in Viet Nam in a visit this November, according to the Viet Nam Chamber of Commerce and Industry (VCCI).
VCCI, in collaboration with the US Embassy, will hold a meeting between the Vietnamese and the US businesses on this occasion.
According to VCCI Chairman Vu Tien Loc, the chamber is speeding up the establishment of a Viet Nam-US business forum.
Right after the signing of Viet Nam-US bilateral trade agreement, Vietnamese exports to the US have seen a big increase.
Viet Nam’s exports to the US witnessed an eight-fold rise after five years and the US has become Viet Nam’s largest exporting market, accounting over 20 percent of the country’s export value.
According to the Foreign Investment Department under the Ministry of Planning and Investment’s statistics, by the end of August, US ranked seventh among 77 foreign investors in Viet Nam with 354 valid projects worth nearly 2.6 billion USD.
Vietnam News Agency - September 21, 2007.
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