BD to focus on Vietnam's investments in economic zones

Bangladesh will center around drawing in ventures from Vietnam in its unique monetary zones amid converses with Vietnam's specialists going with Vietnamese President Tran Dai Quang who touched base here on a three-day state visit today. 

Some Vietnamese organizations, particularly those in its field and correspondence, are finding a way to build up joint wander extends in Bangladesh, sources said. 

Vietnam representatives can consider putting resources into 100 unique financial zones and to profit the motivators being advertised. 

"Some Vietnamese organizations are in a joint effort with Bangladeshi accomplices to exchange innovation on oceanic plant and fish cultivating," said Bangladesh Ambassador to Vietnam Samina Naz. 

Conversing with BSS, she said Bangladesh may urge Vietnam to put into such regions in which Vietnam has points of interest as horticulture and aquaculture, industry, tourism, media transmission, development and sustenance preparing 

One Vietnamese organization, to be specific FPT Information System, has been actualizing wage expense and VAT online frameworks to enable the Bangladesh government to enhance the administration procedure of tax assessment, she said. 

She said the two nations have the potential for exchange figure to ascend to $1 billion from existing $900 million. To increment reciprocal exchange to $1 billion, the two nations have been taking measures to increment two-sided exchange turnover, she included. 

To advance two-sided speculation, she said the two sides need to pressure the necessity to viably execute the Investment Promotion and Protection Agreement; and consent to make the best conditions for the two business groups to reinforce venture advancement exercises and exchange connections and expand upon the part of the Business Council in every nation. 

Concurring benefit information, the reciprocal exchange turnover of the year 2017 is evaluated at about $900 million-an expansion of 47 percent against the same of earlier year. Be that as it may, the exchange hole between two nations is still enormous and the exchange adjust now is agreeable to Vietnam. 

Bangladesh's fare an incentive to Vietnam is nearly $50 million and pharmaceuticals are over the fare list, with a fare estimation of over $15 million. 

Bangladesh may urge Vietnam to put into such regions in which Vietnam has points of interest as horticulture and aquaculture, industry, tourism, media transmission, development and nourishment handling for common advantages of the two nations.