The Investor Sentiment - Equity and investments forum for Sri Lankans



Join the forum, it's quick and easy

The Investor Sentiment - Equity and investments forum for Sri Lankans

The Investor Sentiment - Equity and investments forum for Sri Lankans

Would you like to react to this message? Create an account in a few clicks or log in to continue.
The Investor Sentiment - Equity and investments forum for Sri Lankans

The Lankan Investor Forum - A more respectable and reasonable place for members to discuss matters regarding the CSEThe Lankan Investor Forum - A more respectable and reasonable place for members to discuss matters regarding the CSE

Please send an email to contact.lankaninvestor@gmail.com if you face any technical difficulties when posting

Latest topics

» CIFC Dumps to Expand Your Possibilities to Pass Your Exam
High-level Vietnam push for Lanka investments EmptyFri Jul 19, 2024 10:30 am by faithhharris

» CCS.N0000 ( Ceylon Cold Stores)
High-level Vietnam push for Lanka investments EmptyWed Mar 20, 2024 11:31 am by Hawk Eye

» Sri Lanka plans to allow tourists from August, no mandatory quarantine
High-level Vietnam push for Lanka investments EmptyWed Sep 13, 2023 12:16 pm by lauryfriese

» When Will It Be Safe To Invest In The Stock Market Again?
High-level Vietnam push for Lanka investments EmptyWed Apr 19, 2023 6:41 am by කිත්සිරි ද සිල්වා

» Dividend Announcements
High-level Vietnam push for Lanka investments EmptyWed Apr 12, 2023 5:41 pm by කිත්සිරි ද සිල්වා

» MAINTENANCE NOTICE / නඩත්තු දැනුම්දීම
High-level Vietnam push for Lanka investments EmptyThu Apr 06, 2023 3:18 pm by කිත්සිරි ද සිල්වා

» ඩොලර් මිලියනයක මුදල් සම්මානයක් සහ “ෆීල්ඩ්ස් පදක්කම” පිළිගැනීම ප්‍රතික්ෂේප කළ ගණිතඥයා
High-level Vietnam push for Lanka investments EmptySun Apr 02, 2023 7:28 am by කිත්සිරි ද සිල්වා

» SEYB.N0000 (Seylan Bank PLC)
High-level Vietnam push for Lanka investments EmptyThu Mar 30, 2023 9:25 am by yellow knife

» Here's what blind prophet Baba Vanga predicted for 2016 and beyond: It's not good
High-level Vietnam push for Lanka investments EmptyThu Mar 30, 2023 9:25 am by HaeroMaero

» The Korean Way !
High-level Vietnam push for Lanka investments EmptyWed Mar 29, 2023 7:09 am by කිත්සිරි ද සිල්වා

» In the Meantime Within Our Shores!
High-level Vietnam push for Lanka investments EmptyMon Mar 27, 2023 5:51 pm by කිත්සිරි ද සිල්වා

» What is Known as Dementia?
High-level Vietnam push for Lanka investments EmptyFri Mar 24, 2023 10:09 am by කිත්සිරි ද සිල්වා

» SRI LANKA TELECOM PLC (SLTL.N0000)
High-level Vietnam push for Lanka investments EmptyMon Mar 20, 2023 5:18 pm by කිත්සිරි ද සිල්වා

» THE LANKA HOSPITALS CORPORATION PLC (LHCL.N0000)
High-level Vietnam push for Lanka investments EmptyMon Mar 20, 2023 5:10 pm by කිත්සිරි ද සිල්වා

» Equinox ( වසන්ත විෂුවය ) !
High-level Vietnam push for Lanka investments EmptyMon Mar 20, 2023 4:28 pm by කිත්සිරි ද සිල්වා

» COMB.N0000 (Commercial Bank of Ceylon PLC)
High-level Vietnam push for Lanka investments EmptySun Mar 19, 2023 4:11 pm by කිත්සිරි ද සිල්වා

» REXP.N0000 (Richard Pieris Exports PLC)
High-level Vietnam push for Lanka investments EmptySun Mar 19, 2023 4:02 pm by කිත්සිරි ද සිල්වා

» RICH.N0000 (Richard Pieris and Company PLC)
High-level Vietnam push for Lanka investments EmptySun Mar 19, 2023 3:53 pm by කිත්සිරි ද සිල්වා

» Do You Have Computer Vision Syndrome?
High-level Vietnam push for Lanka investments EmptySat Mar 18, 2023 7:36 am by කිත්සිරි ද සිල්වා

» LAXAPANA BATTERIES PLC (LITE.N0000)
High-level Vietnam push for Lanka investments EmptyThu Mar 16, 2023 11:23 am by කිත්සිරි ද සිල්වා

» What a Bank Run ?
High-level Vietnam push for Lanka investments EmptyWed Mar 15, 2023 5:33 pm by කිත්සිරි ද සිල්වා

» 104 Technical trading experiments by HUNTER
High-level Vietnam push for Lanka investments EmptyWed Mar 15, 2023 4:27 pm by katesmith1304

» GLAS.N0000 (Piramal Glass Ceylon PLC)
High-level Vietnam push for Lanka investments EmptyWed Mar 15, 2023 7:45 am by කිත්සිරි ද සිල්වා

» Cboe Volatility Index
High-level Vietnam push for Lanka investments EmptyTue Mar 14, 2023 5:32 pm by කිත්සිරි ද සිල්වා

» AHPL.N0000
High-level Vietnam push for Lanka investments EmptySun Mar 12, 2023 4:46 pm by කිත්සිරි ද සිල්වා

» TJL.N0000 (Tee Jey Lanka PLC.)
High-level Vietnam push for Lanka investments EmptySun Mar 12, 2023 4:43 pm by කිත්සිරි ද සිල්වා

» CTBL.N0000 ( CEYLON TEA BROKERS PLC)
High-level Vietnam push for Lanka investments EmptySun Mar 12, 2023 4:41 pm by කිත්සිරි ද සිල්වා

» COMMERCIAL DEVELOPMENT COMPANY PLC (COMD. N.0000))
High-level Vietnam push for Lanka investments EmptyFri Mar 10, 2023 4:43 pm by yellow knife

» Bitcoin and Cryptocurrency
High-level Vietnam push for Lanka investments EmptyFri Mar 10, 2023 1:47 pm by කිත්සිරි ද සිල්වා

» CSD.N0000 (Seylan Developments PLC)
High-level Vietnam push for Lanka investments EmptyFri Mar 10, 2023 10:38 am by yellow knife

» PLC.N0000 (People's Leasing and Finance PLC)
High-level Vietnam push for Lanka investments EmptyThu Mar 09, 2023 8:02 am by කිත්සිරි ද සිල්වා

» Bakery Products ?
High-level Vietnam push for Lanka investments EmptyWed Mar 08, 2023 5:30 pm by කිත්සිරි ද සිල්වා

» NTB.N0000 (Nations Trust Bank PLC)
High-level Vietnam push for Lanka investments EmptySun Mar 05, 2023 7:24 am by කිත්සිරි ද සිල්වා

» Going South
High-level Vietnam push for Lanka investments EmptySat Mar 04, 2023 10:47 am by කිත්සිරි ද සිල්වා

» When Seagulls Follow the Trawler
High-level Vietnam push for Lanka investments EmptyThu Mar 02, 2023 10:22 am by කිත්සිරි ද සිල්වා

» Re-activating
High-level Vietnam push for Lanka investments EmptySat Feb 25, 2023 5:12 pm by කිත්සිරි ද සිල්වා

» අපි තමයි හොඳටම කරේ !
High-level Vietnam push for Lanka investments EmptyTue Feb 14, 2023 3:54 pm by ruwan326

» මේ අර් බුධය කිසිසේත්ම මා විසින් නිර්මාණය කල එකක් නොවේ
High-level Vietnam push for Lanka investments EmptyTue Jan 03, 2023 6:43 pm by ruwan326

» SAMP.N0000 (Sampath Bank PLC)
High-level Vietnam push for Lanka investments EmptyWed Nov 30, 2022 8:24 am by කිත්සිරි ද සිල්වා

» APLA.N0000 (ACL Plastics PLC)
High-level Vietnam push for Lanka investments EmptyFri Nov 18, 2022 7:49 am by කිත්සිරි ද සිල්වා

» AVOID FALLING INTO ALLURING WEEKEND FAMILY PACKAGES.
High-level Vietnam push for Lanka investments EmptyWed Nov 16, 2022 9:28 pm by කිත්සිරි ද සිල්වා

» Banks, Finance & Insurance Sector Chart
High-level Vietnam push for Lanka investments EmptyTue Nov 15, 2022 5:26 pm by කිත්සිරි ද සිල්වා

» VPEL.N0000 (Vallibel Power Erathna PLC)
High-level Vietnam push for Lanka investments EmptySun Nov 13, 2022 12:15 pm by කිත්සිරි ද සිල්වා

» DEADLY COCKTAIL OF ISLAND MENTALITY AND PARANOID PERSONALITY DISORDER MIX.
High-level Vietnam push for Lanka investments EmptyMon Nov 07, 2022 6:36 pm by කිත්සිරි ද සිල්වා

» WATA - Watawala
High-level Vietnam push for Lanka investments EmptySat Nov 05, 2022 8:44 am by කිත්සිරි ද සිල්වා

» KFP.N0000(Keels Food Products PLC)
High-level Vietnam push for Lanka investments EmptySat Nov 05, 2022 8:42 am by කිත්සිරි ද සිල්වා

» Capital Trust Broker in difficulty?
High-level Vietnam push for Lanka investments EmptyFri Oct 21, 2022 5:25 pm by කිත්සිරි ද සිල්වා

» IS PIRATING INTELLECTUAL PROPERTY A BOON OR BANE?
High-level Vietnam push for Lanka investments EmptyThu Oct 20, 2022 10:13 am by කිත්සිරි ද සිල්වා

» What Industry Would You Choose to Focus?
High-level Vietnam push for Lanka investments EmptyTue Oct 11, 2022 6:39 pm by කිත්සිරි ද සිල්වා

» Should I Stick Around, or Should I Follow Others' Lead?
High-level Vietnam push for Lanka investments EmptyTue Oct 11, 2022 9:07 am by කිත්සිරි ද සිල්වා

Disclaimer


Information posted in this forum are entirely of the respective members' personal views. The views posted on this open online forum of contributors do not constitute a recommendation buy or sell. The site nor the connected parties will be responsible for the posts posted on the forum and will take best possible action to remove any unlawful or inappropriate posts.
All rights to articles of value authored by members posted on the forum belong to the respective authors. Re-using without the consent of the authors is prohibited. Due credit with links to original source should be given when quoting content from the forum.
This is an educational portal and not one that gives recommendations. Please obtain investment advises from a Registered Investment Advisor through a stock broker


    High-level Vietnam push for Lanka investments

    First Guy
    First Guy


    Posts : 2599
    Join date : 2014-02-22

    High-level Vietnam push for Lanka investments Empty High-level Vietnam push for Lanka investments

    Post by First Guy Mon Aug 25, 2014 7:20 am

    * ‘Our investors want Sri Lanka; 10 Lankan projects active in Vietnam’: Deputy PM Binh Minh
    * Vietnam ready for agro, aquaculture as well

    The Government of Vietnam, while unravelling Lankan investment volumes within its borders, signalled on 22 August of its own investment push towards Sri Lanka – and coming from its high levels.

    “Already 10 Sri Lankan investment projects are in Vietnam. Vietnam investors and businesses too are eager to go out of the country and invest. I hope the Government of Sri Lanka would create an enabling environment for Vietnamese business and investors,” said Vietnamese Deputy Prime Minister and Minister of Foreign Affairs Pham Binh Minh on 21 August at Hanoi’s Foreign Ministry offices located in Ba Dinh.

    Minister Bathiudeen and his official delegation were making a courtesy call on the Deputy PM. Joining Bathiudeen at the meeting were Department of Commerce DG R.D.S. Kumararatne, EDB Chairman and CEO Bandula Egodage and Sri Lanka’s Ambassador to Vietnam Ivan Amarasinghe.

    “Congratulations on your delegation’s successful visit to Vietnam. I have been informed that the Joint Trade Sub Committee between the two countries is now a reality,” said Binh Minh. “Formal relations between our two countries go a long way back to July 1970. Since then we have been able to maintain regular bilateral diplomatic contacts at higher levels. Our modest bilateral trade is now expected to increase to $ 1 b by 2015/16. It is clear our current trade levels are far below their real potential. The responsibility to meet this target now lies with you, Minister Bathiudeen, and on our side, our own Minister of Industry and Trade of Vietnam. In this background I am glad the Sub Committee has been set up. I really hope and keen that we can buy more products from Sri Lanka.

    “I believe that to increase trade and investment, it is time that both countries make bigger progress on the existing double taxation avoidance and bilateral investment treaties. More importantly, I am pleased to say that there are already 10 Sri Lankan investment projects in Vietnam at a cumulative investment level of $ 14 m. Vietnam investors and businesses on the other hand are eager to go out of the country and invest. I am positive that the Government of Sri Lanka would create an enabling environment for Vietnamese business and investors. We look forward to B2B level exchanges. We also look for cooperation on agro sector, a key sector for our economy as well as society, as well as tea sector of Sri Lanka, since Sri Lanka is a major tea producer and exporter.”

    At present Vietnam ranks as the 40th export destination and 23rd supplier, accounting for 0.43% of Sri Lanka’s total exports and 1.06% of its total imports. The total trade between both countries which stood at $ 119.5 million in 2012 increased to $ 224.4 million in 2013, registering a remarkable growth of 88%. Since 2011, Petrovietnam Oil Corporation (PVOil) has supplied petroleum products to its Sri Lankan partner. In the field of industry, the two countries have concluded a number of important documents, creating a legal framework for further enhanced cooperation activities.

    Responding to the Deputy PM, Bathiudeen said: “I thank you for your interest to enhance trade and investment cooperation with Sri Lanka. In fact, we extend a warm welcome to Vietnamese investors to enter Sri Lanka and yes, our government is ready and extend its fullest support to Vietnamese investors entering Sri Lanka. Sri Lanka allows 100% ownership to foreign investors’ capital, total profit repatriation and constitutional guarantee for their capital. Sri Lanka’s rubber, light electronics and tourism are sectors of investments that could serve the Vietnamese investors profitably. Our FTAs with India and Pakistan gives access to prospective Vietnamese investors more than the 1.2 b ready market. We also seek tech knowhow for agro sector and your investments and technology could be leveraged by our agro sector as well. I totally agree that the time has come for business to business level cooperation between the two countries. We are the globally-reputed Pure Ceylon Tea brand and I am happy we got Vietnam market’s attention as well. We also welcome your support our fishery and aquaculture.”

    The Deputy PM said: “I stress that Vietnam has good expertise in fisheries and aquaculture, and we are happy to extend our support to enhance your fisheries as well. I shall speak to the Vietnamese Minister of Fisheries and Aquaculture about supporting your fisheries.”

    Responding, Minister Bathiudeen said: “We thank you for taking the initiative to contact your colleague, the Minister of Fishery and Aquaculture on our behalf. These new avenues of cooperation further strengthen our historic friendship.”

    Both Bathiudeen and Binh Minh stressed on the need for continued dialogue between Sri Lanka and Vietnam.

    http://www.ft.lk/2014/08/25/high-level-vietnam-push-for-lanka-investments/

      Current date/time is Tue Dec 10, 2024 6:02 pm