Oireachtas Joint and Select Committees
Thursday, 2 April 2015
Public Accounts Committee
Draft Report on Visit to Vietnam
10:30 am
John McGuinness (Carlow-Kilkenny, Fianna Fail)
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I welcome the report. I will ask the clerk to change the foreword to reflect the fact that Deputy Deasy and others contributed in the way they did. I ask that we do some form of press presentation. We can send out a press release and flag the success of the delegation and what has transpired since it returned. In light of the fact we give €12.25 million in aid, it is important for us to have the right structures to monitor that spend. As has been proven in Vietnam, the structures are there and are being used by other countries which are delivering aid in Vietnam. From a trade perspective, I cannot agree more with Deputies Deasy and Costello in that having a presence in the country is very important. It can take many years for a business to build a relationship with a partner in parts of Asia and that requires a lot of investment. The Government should invest, first and foremost, and put its foot forward because having a presence in Vietnam is essential. This is especially relevant when we consider the Chinese economy, which has many advance factories built in Vietnam.
The Chinese are looking at that market and their presence there. All that is based on the cost of labour. It is important, therefore, for us to be in the middle of that economic activity. Having people on the ground means they might look at the markets other European countries are exploiting such as Taiwan. We have raised this previously with various Departments that have appeared before us.
I am delighted the Deputy managed to visit some schools and industry and that he met some project leaders on the ground, which was very important. As was the case in other visits, time was taken to look at the disability and research sectors. I support Deputy Costello's view on trade missions. It is important we have a full trade mission to Vietnam. I thank Deputy Deasy and the other members of the delegation for their work there and their work since they returned. We should continue to highlight the aid programme and the strong possibilities for trade as we do our work.
I recommend we accept the report and publish it with the various corrections that are needed in terms of other inputs. We should then draft a press release and send it.