National Assembly (NA) Vice Chairman Phung Quoc Hien made the remarks at a reception for the Bulgarian Minister in Hanoi on October 18, during which he said the talks between the Minister and officials from the Ministry of Industry and Trade show the determination of the countries’ leaders in strengthening bilateral ties, especially in economic and trade cooperation.
Despite growing economic and trade cooperation, it is still far below their full potential, he said, adding that the Vietnam National Assembly and Government will provide all possible legal conditions for foreign investors, including those from Bulgaria, to set up long-term businesses in Vietnam.
Vietnam always respects the sentiments and support provided by the Bulgarian Government and people in the past as well as at present, he told the Bulgarian Minister.
Minister Bozidar Lucarsky said Vietnam is Bulgaria’s important partner in Asia, while agreeing with his host that the two countries’ economic cooperation potential remains untapped.
He told his host that he and officials from the Ministry of Industry and Trade agreed on fields where bilateral partnership will be stepped up and determined fields of each nation's strength.
He said his nationn supports the signing of a free trade agreement (FTA) between Vietnam and the European Union (EU) and believe that bilateral relations will further grow in the coming time.