U.S. firms eye opportunity in Vietnam’s demand for clean water

Given Vietnam’s huge demand for clean water, and the government’s need to develop water infrastructure, U.S. companies are looking at opportunities to enter and expand their operations in Vietnam, a top U.S. Department of Commerce official said on Monday. While the need for sustainable, fresh water supply is common throughout Southeast Asia, one of the main concerns in Vietnam is untreated wastewater being released into waterways, rivers and lakes. Other issues include a lack of clean water generally, and the high loss ratio of water supplying projects.

“These all create opportunities for U.S. companies to bring cutting-edge technology to the country,” Arun Kumar, U.S. Assistant Secretary of Commerce for Global Markets and Director General of the U.S. and Foreign Commercial Service, told reporters in Ho Chi Minh City.

The assistant secretary is leading nine U.S. water infrastructure companies on a trade mission to three Southeast Asian countries, during which they hope to gain insights into the region’s expanding water infrastructure market and meet with government leaders, potential partners, distributors, and end-users.
The delegation arrived in the southern Vietnamese metropolis on Monday, after first stopping in Singapore. Their final destination is the Philippines.

Source: U.S. eyes opportunity in Vietnam’s rising demand for clean water, Tuoi Tre, Jul 17, 2016

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