In a recent interview with Vietnam News Agency, Ambassador Hien noted that Vietnam and Kazakhstan have boosted trade but volume has not met potential as well as both sides’ demand.
She said enterprises of both countries are eager to take advantage of low tariffs once the Vietnam-Eurasia Free Trade Agreement (VEFTA) takes effect on October 5.
In addition, Kazakhstan’s President Nursultan Nazarbayev has been reforming the Central Asian country’s economy to reduce dependence on oil and gas, including welcoming investors from all over the world, including Vietnamese investors.
According to the ambassador, the embassy has helped arrange a working trip for PetroVietnam Oil and Gas Exploration PVEP to study business opportunities in Kazakhstan.
The embassy is also working to connect several major Vietnamese companies such as Interserco and Viettel with potential partners in the Central Asia country.
Kazakhstan will hold the International fair Expo Astana from June to September 2017, Hien said. This is a good chance for Vietnamese firms to promote their brands in Kazakhstan.
Vietnam will have a 400sq.m national hall and 300sq.m for commercial display at the expo.VNA