Vietnam president wants to invest in Bangladesh

Visiting Vietnam President Tran Dai Quang today expressed his eagerness to invest in Bangladesh's telecom, agriculture, information technology, textile, oil and gas and infrastructure sectors.

“There is a lot of opportunity for investment with the current size of the economy of Bangladesh. Bangladesh has a big market and low-cost production facility,” Quang said.

Quang was addressing a programme of the ‘Vietnam-Bangladesh Business Forum’ at a hotel in Dhaka organised by the Federation of Bangladesh Chambers of Commerce and Industry (FBCCI).

A number of businessmen from both the countries were also present at the programme.

Suggesting the Bangladesh government for reforming its policies to attract more foreign investment here, the Vietnam president said his country would like to encourage bilateral trade between the two countries in rice, agricultural, textile and food processing sectors.

“We would like to take the bilateral trade between the two countries to $1billion at the end of this year. And, we have a target to take the balance of the bilateral trade to $2billion by the end of 2020,” Quang said.