Haiti welcomes Vietnamese investors

(VOV) - PM Laurent Salvador Lamothe has called on Vietnamese businesses to invest in rice production, machinery assembling, power generation, and infrastructure construction.

Lamothe, who is in Hanoi on an official visit to Vietnam, told Vietnam News Agency on December 17 that Haiti and Vietnam signed a joint statement, specifying cooperation areas, including aquaculture and rice cultivation.

He said Haiti wants to learn from Vietnam’s experience in rice production to ensure national food security, pointing out the fact that his country is a rice grower, but imports the product every year to meet domestic demand.

The Caribbean nation produces about 100,000 tonnes of rice annually and imports an additional 300,000 tonnes to feed its population.

He revealed that Haiti has signed with the US an agreement on tax preferences under which assembled products will enjoy a zero tax rate when imported into the US.

He encouraged Vietnamese businesses to invest in a newly-established industrial park in Caracol municipality, northeast of Haiti, to receive the zero tax rate preferences when exporting their assembled products to the US.

In addition, Haiti plans to host a Vietnam Cultural Week in March 2013 as a good chance for Vietnamese businesses and cultural organisations to promote their profiles and introduce the traditional cultural identity.

The Haitian PM went on to say that future Vietnam-Haiti cooperation areas will be focused on agricultural production, investment, infrastructure construction, telecommunications, power generation, and cultural exchanges.

Laurent Salvador Lamothe began an official three-day visit to Hanoi on December 16 at the invitation of his Vietnamese counterpart Nguyen Tan Dung.

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