Vietnam seeks investment opportunities in Haiti

iron marketVietnam is looking into possibilities to invest in the Caribbean nation of Haiti, it turned out during a meeting of Haitian officials over trade, economy, finance and public works with Vietnamese counterparts on July 22 in Hanoi.

Both parties signed framework agreements that may lead to investment in the fields of energy, textile, food, information and electronics.

In the coming months, Haiti will host a business delegation from Vietnam, which will be led by Vietnam’s Prime Minister Nguyen Tan Dung. Investors will explore areas of cooperation, particularly in infrastructure, construction, finance and food security, officials said, as well as manufacturing opportunities in the industrial park in Caracol in the northeastern part of Haiti.

Haiti is a poverty-stricken nation in Central America with a GDP per capita of around $1,200 (in comparison, Vietnam’s GDP per capita is around $1,500.) The country relies on imports for half its food needs and 80 per cent of its rice, a field where Vietnam wants to push exports.

Apart from foreign aid, Haiti has income from tourism and from the country’s sole industrial park in Caracol, the largest in the Caribbean on 240 hectares with South Korean textile firms as main investors.



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Vietnam is looking into possibilities to invest in the Caribbean nation of Haiti, it turned out during a meeting of Haitian officials over trade, economy, finance and public works with Vietnamese counterparts on July 22 in Hanoi. Both parties signed framework agreements that may lead to investment in the fields of energy, textile, food, information and electronics. In the coming months, Haiti will host a business delegation from Vietnam, which will be led by Vietnam's Prime Minister Nguyen Tan Dung. Investors will explore areas of cooperation, particularly in infrastructure, construction, finance and food security, officials said, as well as manufacturing...

iron marketVietnam is looking into possibilities to invest in the Caribbean nation of Haiti, it turned out during a meeting of Haitian officials over trade, economy, finance and public works with Vietnamese counterparts on July 22 in Hanoi.

Both parties signed framework agreements that may lead to investment in the fields of energy, textile, food, information and electronics.

In the coming months, Haiti will host a business delegation from Vietnam, which will be led by Vietnam’s Prime Minister Nguyen Tan Dung. Investors will explore areas of cooperation, particularly in infrastructure, construction, finance and food security, officials said, as well as manufacturing opportunities in the industrial park in Caracol in the northeastern part of Haiti.

Haiti is a poverty-stricken nation in Central America with a GDP per capita of around $1,200 (in comparison, Vietnam’s GDP per capita is around $1,500.) The country relies on imports for half its food needs and 80 per cent of its rice, a field where Vietnam wants to push exports.

Apart from foreign aid, Haiti has income from tourism and from the country’s sole industrial park in Caracol, the largest in the Caribbean on 240 hectares with South Korean textile firms as main investors.



Support ASEAN news

Investvine has been a consistent voice in ASEAN news for more than a decade. From breaking news to exclusive interviews with key ASEAN leaders, we have brought you factual and engaging reports – the stories that matter, free of charge.

Like many news organisations, we are striving to survive in an age of reduced advertising and biased journalism. Our mission is to rise above today’s challenges and chart tomorrow’s world with clear, dependable reporting.

Support us now with a donation of your choosing. Your contribution will help us shine a light on important ASEAN stories, reach more people and lift the manifold voices of this dynamic, influential region.

$
Personal Info

Donation Total: $10.00

 

 

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