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09 February 2016, 18:20

Belarus to partake in Vietnam Expo 2016

MINSK, 9 February (BelTA) – Belarus will take part in the international trade fair Vietnam Expo 2016 from 13 to 16 April, BelTA learned from the company Belinterexpo of the Belarusian Chamber of Commerce and Industry.

“The Belarusian delegation will organize a national pavilion to showcase products of such industries as machine building, industrial machinery, agriculture, food processing, chemical industry, construction materials, light industry, healthcare, information technology and telecommunications,” Belinterexpo said.

The delegation will take part in a number of Belarusian-Vietnamese business meetings organized by the Belarusian Chamber of Commerce and Industry in cooperation with the Belarusian Embassy in Vietnam. Potential partners of Belarusian companies will be invited to visit the Belarusian stand and join the business meetings and negotiations.

“Members of the Belarusian delegation will have a chance to enter the markets of Vietnam an other countries of Southeast Asia, establish new business contacts, study the competitive environment of the region, and find a comprehensive solution to a wide range of marketing challenges,” the company added.

Vietnam Expo is one of the largest annual large-scale trade fairs in Southeast Asia. It was founded in 1990. The list of participants traditionally features the United States, China, Russia, and also other countries of the CIS, the European Union, and Southeast Asia. The 2015 edition of the expo brought together representatives of 600 companies from 29 countries. It featured seven national stands.

Vietnam is one of Belarus' key partners in Southeast Asia. The country has a population of over 90 million. It is a member of the Association of Southeast Asian Nations (ASEAN), which allows Belarus to expand its trade and economic cooperation with Vietnam's partners, namely Indonesia, Malaysia, Singapore, Thailand, the Philippines, Brunei, Laos, Myanmar, and Cambodia. The ASEAN member countries have a combined population of approximately 500 million.

In May 2015, the countries of the Eurasian Economic Union and Vietnam signed a free trade agreement.

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