Home > Industry News > OKCHEM Vietnam Team Joined the CCPIT in the “One Belt One Road” Trip to the Ho Chi Minh City
OKCHEM Vietnam Team Joined the CCPIT in the “One Belt One Road” Trip to the Ho Chi Minh City
From December 4th to 5th, in order to keepup with the development trend of the Belt and Road, China Council for the Promotion of International Trade(CCPIT) organizeda business investment tour group consisting of 16 companies to visitthe Ho Chi Minh City in Vietnam. In order to help the suppliers better develop the Vietnamese market, our OKCHEM team also participated in this visit.
Vietnam, which is based on the "two corridors and one circle" concept and China's "One Belt, One Road" initiative, has experienced rapid economic development in recent years and is now in a leaping and taking off stage. It has become a hot spot for foreign investment and also provides opportunities for Chinese businessmen.
Through the visit, we learned that the investment environment in Vietnam is becoming more and more attractive, such as preferential tax policies, abundant labor resources and local demand for infrastructure construction, etc. In recent years, the Bank of China’s Ho Chi Minh Branch has strengthened its cooperation with Vietnamese government departments and enterprises for the purpose of providing stronger financial support and assistance to foreign companies.
According to statistics, in recent years, as Southeast Asian countries have become the major choices for foreign investors, more and more Chinese companies are seeking opportunities to invest in Vietnam. It is expected that in the near future many other Chinese companies will seize the opportunity to invest and expand their business in different sectors in Vietnam.
With the huge potential and bright prospects of Vietnamese market, we believe the Vietnamese market will increasingly attract investment from Chinese enterprises under the Belt and Road Initiative. OKCHEM, as a leading B2B platform for the chemical indsutry, has set up office in Vietnam which can offer localized services to suppliers in Vietnam including expand Vietnam market and the overseas investment services.