Many Israeli companies have engaged in a number of investment projects in Hanoi, Khanh Hoa, and HCM City, such as Netafim’s projects on growing sugar cane in Thanh Hoa and cotton trees in the Central Highlands and Afimilk’s joint venture with TH Milk in raising dairy cows in Nghe An.

Some businesses of Israel, which operate in processing diamond, are eyeing Vietnam to production workshops.

At present, the two countries have cooperative potential in a number of fields such as food preservation technology, agricultural technology, telecom, electronics, health care, waste water and solid waste treatment, the department said.