Greece-Vietnam business council debuts in Athens

(VOV) - A business council has been established in Athens, Greece, in an effort to promote trade ties between Vietnam and Greece.

Among distinguished guests at the debut ceremony were Panagiotis Mihalos, Secretary General for International Economic Relations and Development Cooperation under the Greek Ministry for Foreign Affairs, and Vu Binh, Vietnamese ambassador to Greece.

In his address, Mihalos welcomed the establishment of the Greece-Vietnam Business Council (HVBC) as a significant contribution to the strong and long-term development of bilateral economic ties.

He expressed hope the two sides will work closer together to facilitate economic development in their respective countries.

At its first session, HVBC elected Constantinos Antonopoulos, CEO of Intralot Group - a Greek company that supplies integrated gaming and sports betting management, as its president.

Despite Greece’s austerity measures, two-way trade between Vietnam and Greece rose threefold to US$210 million in 2013 compared to 2010. Of the total, Vietnamese exports hit more than US$186 million.

Greece has placed orders for 8 Vietnamese built vessels worth US$240 million. 

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