Madagascar welcomes Vietnamese businesses

December 09, 2016 | 09:41
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Madagascar is willing to roll out red carpet for Vietnamese businesses to make investment in the country, Vietnamese Honourary Consul in Madagascar Eric Andry Ramiandrasoa told President Tran Dai Quang on December 8.
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President Tran Dai Quang (R) meets with Vietnamese Honourary Consul in Madagascar Eric Andry Ramiandrasoa

Ramiandrasoa, who is leading a trade delegation to Vietnam, said the current trip offers a good opportunity for Madagascan businesses to study cooperation agreements with Vietnamese partners such as the military-run telecom group Viettel and the national flag carrier Vietnam Airlines.

The recent visit to Madagascar by President Tran Dai Quang to attend the 16th Francophone Summit has created a premise for collaboration between the two countries’ business communities, he added.

For his part, President Quang affirmed that the Vietnamese State always supports the development of equal and win-win business cooperation based on national and international law.

Vietnam is home to over 600,000 enterprises, including numerous groups and companies operating effectively abroad, he noted.

The Southeast Asian country is ready to partner with Madagascan firms in agriculture, aquaculture, garment-textile, cement production, and construction materials, he said.

It also boasts strength in other fields such as aviation, telecommunication, hydropower, infrastructure investment – seaport, and accommodation for low-income earners.

Vietnam pledged to create optimal conditions for Madagascan companies to build bilateral business partnership, he affirmed.

VNS

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