Need for Vietnam to partner with APAC firms: conference

02 May '18

1 min read

Vietnamese enterprises must partner with firms in the Asia-Pacific region for stronger growth in times of increasing global economic integration, participants concluded at a recent conference in Hanoi on strengthening partnership between the Vietnam Chamber of Commerce and Industry (VCCI) and the Confederation of Asia-Pacific Chambers of Commerce and Industry (CACCI).

While VCCI vice chairman Ðoàn Duy Khuong appreciated the importance of cooperation between both the chambers and between Vietnam and regional countries, CACCI president Jemal Inaishvili lauded the efforts by the Vietnamese business community in recent years, resulting in significant economic progress.

The Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) would boost Vietnam’s potential for cooperation with major economies and markets offering domestic enterprises access to advanced production technology and improved management and administration, a Vietnamese newspaper reported quoting Khuong.

Inaishvili visited Vietnam along with 30 CACCI representatives, notably from Australia, India and Nepal, specialising in textile, garment, cosmetics, consumer goods, food distribution and processing, pharmaceuticals, chemicals, industrial products distribution, construction and tourism. (DS)

Fibre2Fashion News Desk – India

More Textiles News - Vietnam...