Book on Vietnamese market introduced in Czech Republic

Friday, 24/03/2017 22:31
The Vietnamese Embassy in the Czech Republic organized a ceremony in Prague to introduce a book on the Vietnamese market in the Czech language, on March 23rd.

 

Czech delegates presented the book (Photo: baotintuc.vn)

Speaking at the ceremony, Vietnamese Ambassador to the Czech Republic Truong Manh Son emphasized that the traditional cooperation and friendship between Vietnam and the Czech Republic are being strengthened and developed. In particular, the good political relations with the exchange of high-level delegations in recent and forthcoming time have created momentum for economic, trade and investment development relations between the two countries.

The Ambassador emphasized the priority for Vietnam in Czech development cooperation policy over the past time and for the 2016-2020 period. At present, the economies of Vietnam and Czech are both developing at high rates and deeply integrating into the global and regional economies. This has created favourable conditions for the economic, trade and investment bilateral cooperation development between the two countries.

However, the results of economic and trade cooperation between the two countries in recent years hasn’t been commensurate with the potential and desire of each country. As of mid-2016, 30 Czech enterprises invested in Vietnam with a total capital of more than USD170 million, ranked 40th among more than 150 countries and territories investing in Vietnam. Export and import revenue between Vietnam and the Czech Republic in 2016 reached nearly USD1 billion.

The field of economic, trade and tourism cooperation between the two nations have many obstacles, such as no direct flights between Hanoi and Prague, major barriers in visa granting procedures for Vietnamese businessmen and tourists to the Czech Republic, and recommendations of some Czech enterprises operating in Vietnam.

In order to contribute to promoting the bilateral economic-trade cooperation, especially calling on Czech businesses to invest in Vietnam, the Vietnamese Embassy defined that 2017 will continue to be the "Diplomatic operation year serving economic development".

This year will bring many investment, trade and tourism activities initiated by the Vietnamese Embassy, as well as Vietnam’s ministries, businesses and sectors and their partners in the Czech Republic.

The launch of a book in Czech language introducing the Vietnamese market, and a book in Vietnamese language introducing the Czech market, is part of a series of diplomatic activities for economic cooperation development.

At the event, Commercial Counsellor Tran Hiep Thuong briefly introduced the content of the book on the Vietnamese market to Czech delegates, highlighted the current economic situation, basic characteristics of the Vietnamese market, policies to attract foreign investment and key projects given preferential treatment in terms of land, tariffs and loans.

In addition, Ambassador Son and Counsellor Thuong also answered questions of Czech journalists and entrepreneurs about some policies of the government of Vietnam calling for investment./.

 

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