News

Texas businesses urged to invest more in Vietnam

17/08/2004

Deputy Prime Minister Vu Khoan has asked Texas businesses to invest more in Vietnam and cooperate with the US authorities to support Vietnam's joining of the World Trade Organisation (WTO).

State Secretary Connor said Texas's aim is to become the leading State investor in Vietnam. Texas-Vietnam commercial ties have developed continuously with their trade valued at $103 million in 2003, a 17% year-on-year increase. Ten Texas-headquartered corporations have invested in Vietnam's energy, equipment, chemicals and agriculture.

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