February 23, 2011

Trade relations will strengthen further: Vietnam envoy

Kolkata, Jan 28 (IANS): Vietnam has been exploring ways of investing in the field of information technology (IT) in West Bengal, the country's ambassador to India Nguyen Thanh Tan said here Friday.

Speaking at an interactive session on Indo-Vietnam trade relations organised by the Bharat Chamber of Commerce, the ambassador exuded confidence that trade and investment relations between his country and West Bengal will increase in the near future.

'During the past few years, we have witnessed with satisfaction the development of friendship and co-operation between Vietnam and West Bengal. Prime Minister Nguyen Tan Dung on his visit to India in 2007 met leaders of the state and business circle,' the ambassador said.

'Kolkata also sent business delegations both in 2007 and 2009 to Vietnam, during which several contracts had been signed.'
'I am confident that with continuous efforts of businessmen of both sides, the trade and investment relations will be further strengthened and developed with every passing day,' he added.

Asked if his country faced land acquisition problems in the wake of rapid industrialisation, he said: 'As of now we have dealt with the issue in a systematic manner. We have special committees set up to ensure that the land givers are provided adequate compensation and rehabilitation.'
However, Indian steel giant Tata's plan to set up a steel plant in Vietnam has been delayed due to land acquisition problems.

He said there was a need for a direct flight from Vietnam to Kolkata.

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