| Danial Norjidi |
THERE is potential for future business development between Brunei Darussalam and the Socialist Republic of Vietnam in the sectors of oil and gas, information technology (IT), garment and textile as well as construction.
This was shared by Hoang Van Anh, the Deputy Director-General of the Vietnam Chamber of Commerce and Industry, who is part of a business delegation from Vietnam which is currently visiting Brunei.
The business delegation received a briefing from DARE (Darussalam Enterprise) yesterday morning. Speaking in an interview after the briefing, the deputy director-general shared that there is potential for cooperation between the two countries’ businesses.
“If we look at the potential sectors in Brunei that Vietnam can explore more in the future it should be petroleum – oil and gas,” he said. “But for other sectors, we can see potential for business development in the IT sector, which should be a focal point for business cooperation in the future.
“We can see some potential for the garment and textile as well as the construction sectors. This is because we have a very young labour force. From Vietnam to Brunei it’s not too far, so we can provide labour force to Brunei easily.”
Hoang Van Anh, the Deputy Director-General of the Vietnam Chamber of Commerce and Industry speaking in an interview. – DANIAL NORJIDI
He said that the two countries already have “very good cooperation” in oil and gas. As for IT, he noted that Vietnam has now become stronger in this sector. “So if Brunei and Vietnam can cooperate in this sector, it can be very helpful and very useful.”
The 50-member business delegation includes representatives from the sectors of garment and textile, construction, food, oil and gas as well as electronics and mining companies, he shared.
He said that bringing a focal group to Brunei in the future would be beneficial. “We have a meeting tomorrow with the National Chamber of Commerce of Brunei Darussalam and will discuss on how we can cooperate together in the future. It might be that we bring some businessmen or concentrated group to Brunei and Bruneian business people can come to Vietnam.
“The most important thing for us is that the trade and investment between Brunei and Vietnam should be developed more in the future.
“This is why we have brought quite a large number of business representatives to Brunei this time; 50 members,” he said.
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