Speaking to the event, Commercial Counsellor in the Czech Republic Nguyen Thang Long presented an overview of Vietnam and its external economic achievements, including its robust trade with the European country.
Jaromir Dudak,
head of the Asia-Africa Department from the Czech Ministry of Industry
and Trade, said the Czech Republic, with over 70 percent of earnings
from exports, backs the market expansion abroad and the signing of the
Vietnam – European Union free trade agreement.
The Czech government values economic and trade ties with Vietnam - one of the 12 priority trade partners, he added.
Representatives of several Czech companies such as Retina, Vinarstvi
Ludwig and DLA Piper shared their experience in doing business in
Vietnam, such as seeking partners and legal regulations.
Long said between now and the end of this year, the Vietnamese embassy
will continue holding similar events targeting Czech investors that are
interested in Vietnam market.
Over the past five
years, two-way trade between Vietnam and the Czech Republic has doubled,
reaching 652 million USD in 2014, 86 percent of which was trade surplus
run by Vietnam.
Vietnam is eyeing to import
industrial and hi-tech products, including precise engineering items,
petrochemical equipment, energy and defence industry from the Czech
Republic which, in turn, wants Vietnamese aquatic products, coffee, tea
and pepper./.
