VietNamNet Bridge – Deputy Prime Minister Hoang Trung Hai met with businessmen in Iceland last Friday in efforts to develop opportunities for both Vietnamese and Icelandic seafood, information, technology and renewable energy enterprises.

Hai highlighted Viet Nam's strengths, including its dynamic economic growth, an attractive investment climate based on a populous market, its abundant young human resources market and favourable geography for cross-border trade.

The deputy PM stressed that the potential of trade and investment between the two nations still lagged behind the level of its dynamic bilateral relations.

Viet Nam would offer Icelandic enterprises every favourable condition possible to do business in the country, Hai confirmed.

Iceland's Minister of Economic Affairs Arni Pall Arnarson said that the two countries shared vast potential in terms of sea-based economics, with seafood in particular playing a vital role in export turnover.

Portnunus Group CEO Palmi S. Palmason said his company had recently bought a tra fish processing plant in Viet Nam and that it was seeking opportunities for sustainably developing the country's fisheries industry.

While Viet Nam enjoyed an annual seafood output of up to 4 million tonnes, the figure could rise dramatically if the country applied fishing and processing technologies similar to those used in Iceland, Palmason added.

Meeting with Hai, Icelandic businessmen showed interest in renewable energy, tourism and management training in Viet Nam.

On the same day, Hai also visited the geothermal power plant of Hellisheidi, the second largest of its kind in the world.

VietNamNet/Viet Nam News