The northern province of Thai Nguyen introduced its strengths and potential to US enterprises at a seminar held by the Vietnam Chamber of Commerce and Industry in New York on September 16.

Speaking at the event, permanent Vice Chairman of the provincial People’s Committee Nhu Van Tam said that Thai Nguyen boasts advantages of minerals and tea.

Tea harvesting in Thai Nguyen province

The province is currently home to over 5,000 businesses, including more than 100 foreign-invested ones. It has six industrial zones and 32 industrial clusters, and is asking for the Government’s approval of building a 500ha concentrated information and technology zone, he added.

To become an industrialized province, Thai Nguyen wants to continue attracting investment in several key fields and supporting industry projects related to mineral processing, hi-tech agricultural production and waste treatment.

Russell K. Statman, Executive Director of the Registrar Corporation, stated that the biggest difficulty for Vietnamese enterprises, including those from Thai Nguyen, is to understand and apply the US’s import-export regulations.

For food commodities, he suggested Vietnamese exporters have a thorough grasp of the US Food and Drug Administration’s regulations to meet this market’s requirements.

Source: VNA