Vietnam, Czech Republic share huge cooperative potentials
VOV.VN - Deputy Prime Minister Vuong Dinh Hue has said the sound relations between Vietnam and the Czech Republic and their buoyant economies have created favorable conditions for the two countries to boost their economic, trade and investment cooperation.
Mr Hue told a Vietnam-Czech business forum on June in Hanoi that the Vietnam-EU free trade agreement to take effect in 2018 will open huge opportunities for both Vietnam and the Czech Republic.
"Vietnam desires to bolster comprehensive cooperation with the Czech Republic. We look forward to Czech investment in energy, mining, infrastructure, transportation, mechanics, environmental industry, defense industry, vocational training, and hospital equipment," Hue said.
Statistics showed that two-way trade between the two countries hit nearly US$250 million last year. In investment, the Czech Republic poured more than US$100 million in 36 projects in Vietnam while Vietnam run four projects worth US$5 million in the Czech Republic, focusing on real estate.
Visiting President of the Czech Republic Milos Zeman highlighted the huge potential for bilateral cooperation including the 65,000 Vietnamese people in the country.
"I value the Vietnamese community who are hard-working and have greatly contributed to the Czech’s development. Vietnamese people living here are considered a minority group in the Czech and enjoy full citizens’ rights. The number of Vietnamese students in the Czech is also on the rise. All these factors will help boost our cooperation," he noted.
The two leaders witnessed the signing of seven MoUs and cooperative agreements on health, agriculture, construction, and engineering.