Vietnamese, Czech enterprises seek cooperation

A Vietnam-Czech business forum was held on November 17 in Hanoi with the aim to create opportunities for Vietnamese and Czech enterprises to further links in trade and investment.

Addressing the function, Vice Chairman of the Vietnam Chamber of Commerce and Industry (VCCI) Doan Duy Khuong said bilateral trade have enjoyed stable growth in recent years, hitting nearly US$295 million in 2014, up 23% compared to the previous year.

He said that the figure is expected to reach US$1 billion in the near future as the two sides take full advantages of cooperation opportunities and support from their governments.

President of the Czech Senate Milan Stech said that his country is willing to bring to Vietnam expertise and advanced technologies in mechanics, energy, transport, and health care.

The Czech Republic welcomes large investment projects in the mechanical sector, he said, adding that the country wishes to increase its goods imported to Vietnam and attract more Vietnamese workers in the future.

Co-hosted by the VCCI, the Czech Chamber of Commerce and the Czech Embassy in Vietnam, the forum brought together a crowd of Vietnamese firms and nearly 20 Czech enterprises operating in the fields of chemicals, insurance, mechanics, construction, medical equipment, and automation.
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