Many international delegates at the freshly-ended APEC Start-ups Forum held in Ho Chi Minh City have said that there are a lot of business, trade and investment opportunities in Vietnam.
Professor, Dr. Lou E. Pelton, North Texas University, the US, told Vietnam News Agency’s reporters on the sidelines of the forum that Vietnam offers an exceptional source of people with strong mind and strong will.
The economic opportunities in Vietnam are so great that many foreign companies want to explore the market, he added.
He said some of the most attractive industries in Vietnam have yet to be fully utilised, naming several fields that have fantastic opportunities to leverage such as medical tourism, technology-based innovation in data analytics, and craftsmanship.
Director of Trade & Investment Facilitation of the Mekong Institution Madhurjya Kumar Dutta, who has almost eight years working in Vietnam, said what attracts foreign investors in the Southeast Asian country is infrastructure.
“Vietnam has already developed the basic infrastructure for small-and medium-sized enterprises (SMEs). And that is one of the questions for investors to come and put up bussinesses here”, he said.
He noted that the agro-based industry has a promising future in Vietnam since the country is well blessed with climate conditions, agriculture and support system.
The Vietnamese government also supports the agro-based industry apart from other industries, he added.
Director of the Asia-Pacific Foundation of Canada Vilupti Lok Barrineau suggested Vietnamese startups develop agri-tech projects since “Vietnam is a leader in agriculture in the region and food security is extremely important not only in this country but around the world.”
“Vietnam could play a leading role in driving agri-tech,” she said, adding that she recognised a lot of opportunities for Canada to collaborate with Vietnam in this field.
“Vietnam is very strong on the tech side and you have many brilliant students that are coming out of your fantastic universities and I think that on the engineering side anything to do with technology, Vietnam can really play a leading role,” she said.