EU Deemed Potential Market for Vietnamese Electric Equipment Exporters

4:05:50 PM | 1/8/2010

The European Union (EU) is considered a potential market for Vietnamese electric equipment exporters this year, said the Ministry of Industry and Trade.
 
The EU needs efficient energy solutions in order to reduce cost and carbon dioxide (CO2) emission to the environment, according to the ministry.
 
The market also has increasing demand for agricultural machines, food processing equipment, medical equipment and cast products, the ministry attributed.
 
Vietnam plans to allocate VND180 trillion (US$9.74 billion) for electricity equipment production through 2015 with a vision for further development through 2025. (Capital Security)