Doing Business with Vietnam 2006 Forum

Doing Business with Vietnam 2006 Forum on November 16 within the 14^th APEC summit, opened on November in Hanoi, focusing on measures and strategies to boost trade and investment ties with the Southeast-Asian nation as it becomes a WTO member.

 

The event, which was held at the National Convention Centre, attracted 1,000 local and foreign business executives, 70 per cent of them from the financial and service sectors.

 

Topics high on the agenda of the forum were the roadmap for economic development in the global integration, strategies to develop key economic sectors, and proposals from representatives on enhancing trade and investment ties with Vietnam. The most important issue at the gathering is Vietnam paying more attention to facilitating human resources.

 

Than Trong Phuc, the general director of Intel Group in Vietnam said, it is Vietnam’s advantages in human resources that allow Intel to select Vietnam as a destination for long-term business, noting the quality of the country’s human resources in diligence, knowledge and flexibility.

 

He also suggested that it is better for Vietnam to build a general strategy on education which concentrates on practical applications. Phuc also emphasized that Intel will be more than willing to join hands with the country to carry out the program.

 

Intel presently has 20 teaching programs in universities in the US and plans to choose five of Vietnam’s universities to transfer these programs to.

 

Mr Mark Ware, a BP Group’s official said “We want to become a key partner of Vietnam”, adding that his company will pour more than $1 billion into the country.