President encourages Vietnam-Belarus business ties
(VOV) - The business communities of Vietnam and Belarus should increase investment cooperation, especially in joint strategic projects, President Truong Tan Sang has said.
While receiving Vsevolod Yanchevski, advisor of the Belarus President, in Hanoi on December 5, Sang affirmed bilateral relations are developing well, but two-way trade value remains modest.
He suggested both sides accelerate free trade agreement (FTA) negotiations to help their businesses penetrate each other’s markets.
Vietnam and the Customs Union of Russia, Belarus and Kazakhstan are conducting negotiations of an FTA and they finished their third round in Minsk in September 2013.
President Sang revealed many Vietnamese telecom, food processing and garment businesses plan to invest in Belarus.
For his part, Vsevolod Yanchevski, who is also Head of the Central Ideology Department of the Presidential Administration of Belarus, spoke highly of Vietnam’s experience in maintaining political stability and developing the market economy amidst global complications.
He said the fine relationship between Belarus and Vietnam will facilitate the signing and implementation of cooperation projects in the areas of energy, education and high technology.
He voiced Belarus’s determination to realise joint projects, and proposed the Vietnamese President support those projects.
Belarus is ready to train Vietnamese specialists, and wants to cooperate in information technology with Vietnam, said Vsevolod.
The Belarus official expressed his belief the FTA will bring great benefit to both sides.