President: Vietnam ready to facilitate Poland’s investments

At their talks, the two leaders concurred to intensify all-level exchange visits via the State, government, National Assembly, business and local channels and applauded close and effective coordination between the two countries on international arena.

President Quang said Vietnam always treasures developing the time-honoured friendship with countries in Central Eastern Europe, with Poland as a priority partner and congratulated Poland on being elected as a non-permanent member of the United Nations Security Council for the 2018-2019 tenure. 

Quang hailed Poland for adding Vietnam into its list of 14 priority agriculture export markets and the signing of the MoU on agriculture collaboration during the visit. 

He thanked the Polish State and government for providing all possible support for Vietnamese nationals living in the country. 

The Polish President said his nation desires to reinforce mutually beneficial relations with Vietnam in a multitude of fields.

Duda voiced his support for Vietnam’s run for a non-permanent member of the UN Security Council for the 2020-2021 tenure and the early signing and ratification of the European Union – Vietnam Free Trade Agreement (EVFTA). 

The two leaders hailed significant progress in bilateral cooperation across economics-trade-investment over the past years. Poland is now Vietnam’s largest trade partner in Central Eastern Europe while Vietnam is Poland’s seventh largest trade partner outside the EU. Two-way trade reached US$790 million last year and US$730 million in the three quarters of this year, a year-on-year increase of 25%.

Poland’s total investment in Vietnam doubled to US$189 million from 2014-2017. 

Poland will soon disburse an ODA package worth 250 million EUR to Vietnam within a framework agreement on financial cooperation signed during the visit. 

The two countries will carry out the Memorandum of Understanding (MoU) on economic cooperation by facilitating the inauguration of the representative office of the Polish Investment and Trade Agency in Ho Chi Minh City, thereby encouraging the two countries’ businesses to seek opportunities in areas of Poland’s strength and Vietnam’s demand such as mining, food processing, pharmaceuticals and environment protection. 

They underlined the necessity of enhancing national defence-security and pledged to share experience in dealing with the consequences of bombs and mines and the UN peacekeeping mission. 

The two State leaders praised the signing of a tertiary education cooperation agreement with the increase in scholarships to the two nations’ students and graduates to 20 per year and a letter of intent on opening Polish language training courses between the Polish Ministry of Science and Higher Education and Hanoi University. 

They vowed to restore the Vietnam-Poland Joint Committee on Scientific and Technological Cooperation mechanism and convene its meeting next year.

The two Presidents welcomed the signing of a MoU on environment protection cooperation and consented to reinforce joint work in the treatment of garbage and wastewater and green technology. 

After the talks, they hosted a press conference to announce the outcomes of their talks and witnessed the signing of  a number of cooperation documents, the above memoranda of understanding, a MoU on cooperation between Vietnam News Agency and the Polish Press Agency, and a contract on pharmaceuticals investment between Dat Vi Phu Vietnam company and the Adamed Group of Poland.