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Vietnam to increase trade volume to $100m by 2008

June 28, 2007 00:00:00


Vietnam government has set a target to take the trade volume with Bangladesh to US$100 million by 2008 by improving relations between the two countries.
Outgoing Vietnamese Ambassador in Bangladesh Ngo Van Hoa disclosed the plan when he paid a farewell call on Chief Adviser (CA) to the caretaker government Fakhruddin Ahmed at his office in the city Wednesday, according to CA's Press Secretary Syed Fahim Munaim who was present at the meeting, reports UNB.
According to the envoy, the trade volume between Vietnam and Bangladesh was $20 million in 2003, which has already increased to $65 million.
Ngo Hoa said once Vietnam was a rice-importing country, which has now emerged as a rice-exporting nation within a short period of time.
The CA said Bangladesh's farmers are the best entrepreneurs as they cultivate diversified crops and contribute very much to the national economy.

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