Wayne W Wu, deputy chairman of the Taiwan External Trade Development Council (TAITRA) said Taiwanese businesses specialising in consumer goods, green energy, electronics, cars and other sectors attended the meeting.
The Taiwanese delegation is in Viet Nam as part of a mission to Southeast Asian nations.
TAITRA plans to develop the high quality consumer goods market in developing countries, of which Viet Nam is an important part, Wu said.
Last year, Viet Nam was Taiwan's 13th largest trading partner. In the first eight months of this year, bilateral trade between the two sides reached US$5.6 billion. Taiwan's investment in Viet Nam has been $21.7 million so far.
Jerry S K Yang, director general of the Taipei Economic and Cultural Office in HCM City, said Viet Nam now faces serious electricity shortages, and this has had huge impacts on production and daily use.
Energy saving and renewable energy source development have therefore attracted much attention from the Government and local businesses, he said.
Taiwanese businesses can offer environmentally friendly products and technology to help Vietnamese firms increase their energy savings, he added.
He stressed that for Taiwan, Viet Nam was a strategic partner and one of its largest export markets after China and Hong Kong.
Vo Tan Thanh, director of HCM City Branch of the Viet Nam Chamber of Commerce and Industry said with a high GDP growth rate of 7-7.5 per cent, Viet Nam was an ideal market for foreign investors, including Taiwanese businesses.
The nation's GDP growth rate reached 5.8 per cent and 6.4 per cent in the first and second quarters of this year. It is expected to reach 6.5-7.5 per cent by the end of this year. — VNS
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