Promotes Trade, Investment Links with Israel

Nazareth: Vietnamese Ambassador to Israel Nguyen Ky Son has encouraged businesses in Nazareth to explore opportunities in Vietnam, highlighting the Southeast Asian nation's dynamic economy, strategic location within ASEAN, and growing strengths in digital transformation, high-tech industries, modern agriculture, tourism, and services. Addressing a June 4 meeting with the Arab Foreign Affairs Council in Israel, the Nazareth Chamber of Commerce, business representatives, and community leaders, the ambassador underscored the steady growth of Vietnam-Israel relations, particularly in trade, investment, and economic cooperation.

According to Vietnam News Agency, the ambassador emphasized Vietnam's potential as a lucrative market for Israeli businesses. He noted that Vietnam's strategic position in ASEAN provides a gateway to a larger regional market, making it an attractive destination for trade and investment. The country's advancements in digital transformation and high-tech industries were particularly highlighted as areas where Israeli businesses could find significant opportunities for collaboration.

Further discussions at the meeting involved the exploration of partnerships in modern agriculture, tourism, and service sectors. Vietnam's initiatives in these areas align well with Israeli expertise, suggesting promising avenues for mutual growth and cooperation. Ambassador Son's engagement with the Nazareth business community is part of broader efforts to strengthen bilateral ties and leverage each country's strengths for shared economic benefits.

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