Vietnam, Macao boost economic ties

(VOVworld)- An exchange on how to boost economic cooperation between Vietnam and Macao took place in Ho Chi Minh City on Tuesday. It aimed to introduce Macao’s potential to Vietnam, encourage businesses to invest in tourism, and provide updated information on markets and business registration procedures. The event was organized for visiting delegation representing 40 businesses from Macao, China. The businesses are mainly operating in the food and beverage, retail, environment, financial investment, and real estate management fields. Economic ties between Vietnam and Macao remain modest, with two-way trade totaling just 34 million USD last year. Vietnam exports seafood, coffee, cashew nuts, vegetables, and consumer goods to Macao, and imports primarily equipment and plastics.

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