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MOIT. FICC. VIETNAM-ISRAEL ONLINE BUSINESS MEETING . OPENING REMARKS . Presented by: Mr. Ly Quoc Hung Director General of South West Asia & Africa Market Department, Ministry of Industry & Trade of Viet Nam. Ha Noi – Tel Aviv November 05, 2012. MOIT. FICC.
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MOIT FICC VIETNAM-ISRAEL ONLINE BUSINESS MEETING OPENING REMARKS Presented by: Mr. Ly Quoc Hung Director General of South West Asia & Africa Market Department, Ministry of Industry & Trade of Viet Nam Ha Noi – Tel Aviv November 05, 2012
MOIT FICC Overview of Viet Nam-Israel relation • Fine political & diplomatic relationship • Bilateral trade exchange: • 2011: USD 375,4 million (exports of VN: $ 171,8 million, imports of VN: $ 203,6 million), increased 69% compared to 2010. • 9months/2012: total trade volume is $ 320,8 million (exports of Viet Nam: $ 217,7 million, imports of Viet Nam: $ 103,1 million), increased 51% compared to the same period of 2011.
MOIT FICC Exporting and importing goods • The key items exported from Viet Nam to Israel include: aquatic products, cashewnut, coffee, textile and garments, footwear, etc. • The key items imported from Israel to Viet Nam include: fertilizer of all kinds, computer, electronic products and apparels, machineries, equipments, other spare parts, etc.
MOIT FICC • Israel: 4th largest export market of Viet Nam within the Middle East Region. • Reasons for limited trade volume: • lack of information on markets and business partners • the difficulties in exchanging visits by businessmen from both countries
This meeting will… • help connect and match relevant business partners from both countries • have an opportunity to exchange on business cooperation issues --- enhancing bilateral trade in the coming time.
THANK YOU! • Email: hunglq@moit.gov.vn • Cell phone: +84903465775