Tran Dai Quang for more Vietnam's investment in Bangladesh

Naming Bangladesh as a potential nation for venture, going by Vietnam President Tran Dai Quang said his nation needs to put resources into broadcast communications, agribusiness, data innovation (IT), material, oil and gas and framework of Bangladesh to take the respective relations to another stature. 

"Here are a considerable measure of chances for speculations with the present size of the economy of Bangladesh . . . it is a major market and has the ease creation office. Bangladesh's English dialect is great," said Quang while tending to a gathering of agents of both the nations here today. 

The Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) sorted out the "Vietnam-Bangladesh Business Forum" at Sonargaon Hotel with the peak exchange body president Shafiul Islam Mohiuddin in the seat. Business serve Tofail Ahmed additionally talked at the occasion. 

"We might want to take the reciprocal exchange between the two nations to $1 billion toward the finish of this current year. We have an objective to take the adjust of respective exchange to $2 billion before the finish of 2020," said the Vietnam president. 

"We might want to support respective exchange rice, rural items, material and sustenance handling," he included. 

Commending Bangladesh financial improvement Quang said he has been awed to see the Bangladesh's financial advancement. Riding on the present pace of advancement Bangladesh has set a dream to be a center salary nation by 2020, he stated, including, "I trust Bangladesh would have the capacity to accomplish this objective inside that stipulated time and it would be a digitalized nation." 

"All things considered, I'm inspired with Bangladesh's huge social and monetary advancement. Bangladesh is a good example on the planet in destitution diminishment," Quang said. 

Communicating his nation's excitement to reinforce the long haul business neighborly association with Bangladesh, he recommended improving the approaches of Bangladesh for drawing in more remote speculation here. 

While concentrating on the Vietnam's available outside venture slant, Quang said at present a ton of Vietnamese organizations have interest in mining, telecom, keeping money and fund around the world. 

He said as of now Vietnam has $320 billion outside ventures because of enhanced frameworks, liberal financial arrangements and the nation has been keeping up GDP development between 6.5 percent and 7 percent in the course of the most recent couple of years. 

He recommended Bangladesh for more advancement, higher profitability, reception of green innovations, building up the residential markets, condition benevolent industrialisation, more noteworthy straightforwardness and upgrading aggressiveness for drawing in higher remote venture. 

Business Minister Tofail Ahmed said Bangladesh is as of now a lower center pay nation and soon the nation would graduate to a center pay nation as the per capita pay is expanding, it has built up the HR and balance the financial vulnerabilities. 

Tofail offered an extraordinary financial zone for the Vietnamese speculators as the legislature has been creating 100 such zones the nation over both for neighborhood and remote speculators. 

FBCCI president Shafiul Islam Mohiuddin said Vietnam-Bangladesh Business Forum held in Vietnam as of late distinguished agro handling, nourishment preparing, foundation improvement, ICT, telecom, vitality, as the promising divisions for Vietnam and Bangladesh joint wander for innovation exchange and collaboration. 

The businessmen of both the nations consented to frame a Bangladesh Vietnam Business Council to center around parts and methodology to advance exchange and ventures between the two nations, said Mohiuuddin. 

At the business gathering three venture understandings were marked in nearness of the Quang. 

In the primary assention, Vietnam's driving leathergoods maker TBS will put $100 million in Bangladesh in leathergoods area. Saiful Islam, leader of Leathergoods and Footwear Manufacturers and Exporters Association of Bangladesh and Diep Thanh Kiet, bad habit executive of Vietnam Leather, Footwear and Handbag Association, consented to the arrangement. 

Two different assentions were marked by Kazi Belayet Hossain, VP of the Bangladesh Frozen Foods Exporters Association, and Nguyen Minh Tuan, chief of Minh Cuong Seafood Import, Kien Cuong Seafood Import to set up two joint wander fish handling organizations in Bangladesh. 

In 2016-17, Bangladesh imported merchandise worth $417 million and sent out products worth $66.44 million, as indicated by the information from the FBCCI.