According to Mr. Ivo Gajdos, Executive Director of the Czech Management Association, Vietnam is considered as one of the Czech Republic’s 12 promising markets while the Czech Republic is among Vietnam’s strategic export markets for 2010-2020. He also stressed that his country backs the signing of the Vietnam-EU Free Trade Agreement.
Commercial Counsellor of Vietnam in the Czech Republic Tran Hiep Thuong said Vietnam and the Czech Republic hold substantial potential for economic cooperation, with bilateral trade estimated at 1 billion USD. However, investment collaboration remains modest, he said, citing 35 projects worth about 100 million USD run by Czech firms in Vietnam and Vietnamese businesses’ four projects valued at some 5 million USD in the European country.
Therefore, the workshop is expected to provide more useful information about Vietnam’s market including business climate and investment attraction policies to companies from the Czech Republic which are interested in doing business in Vietnam.
In addition, Mr. Tran Hiep Thuong also introduced investment opportunities in Vietnam to the Czech Republic’s investors. He said the workshop aims to clear up Czech businesses’ concern about risks when investing in Vietnam. The Vietnamese Embassy will also conduct more practical activities to help Czech investors access the Vietnamese market, he said.
With dynamic development, a population of more than 90 million and open investment policies, Vietnam deserves receiving attention from Czech businesses, Mr. Tran Hiep Thuong noted.
