Vietnam promotes financial co-operation within ASEAN

by VTV418 December 2015 Last updated at 06:58 AM

(Photo illustrated: craftviet.vn)
(Photo illustrated: craftviet.vn)

VTV.vn - Vietnam has good opportunities offered by the impending ASEAN Community, with the country regarded as one of the main beneficiaries of the enlarged and more tightly-knit bloc.

Vietnam has actively co-operated with regional nations to boost financial activities and investments. Such efforts have been highly praised by inner bloc enterprises and companies.

The Indonesian Trade Fair took place in Vietnam for the first time, attracting numerous companies and enterprises from Indonesia to introduce their most popular products, including traditional batik cloth.

Indonesian manufacturers took the opportunity to organise the first Indonesian trade fair in Vietnam to gain some insight into the Vietnamese market and test consumer taste. The favourable conditions of ASEAN Economic Community AEC also encouraged them.

"Indonesian enterprises like us joined this event to seek partnerships with Vietnamese companies. We hope to further co-operate with Vietnam in potential fields, especially when the ASEAN Economic Community is about to be established", Sadikin, Minister Counsellor of Embassy of the Republic of Indonesia in Vietnam, said.

ASEAN consumers will also benefit from the establishment of the ASEAN Economic Community. There will be a variety of new products available.

As an ASEAN member country, Vietnam is welcoming products from other member countries. This is also an opportunity for Vietnam to highlight its advantages.

"In preparation for the financial promotion regarding AEC, we aim to introduce our products in various fields such as technology. We believe this will facilitate ASEAN investments in Vietnam and promote Vietnamese products in the region", Pham Thi Hai Yen, Deputy Director of Vietnam National Trade Fair and Advertising Company Vinexad, Ministry of Finance, said.

Vietnam is also creating favourable conditions for companies within ASEAN in terms of investments and market research. These practices are expected to encourage and prepare Vietnamese companies for future co-operation opportunities in AEC.

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