Vietnamese, Bulgarian firms look to the future
Vietnamese enterprises and their Bulgarian counterparts have inked a number of partnership deals at a recent business forum in Sofia, the capital of Bulgaria, after a record turnout of 180 attendees found many areas for cooperation.
The deals cover a broad spectrum of areas, ranging from tobacco, paper export-import, garment accessories to confectionery.
Deputy Minister of Industry and Trade Ho Thi Kim Thoa, gave assurances that the ministry will help bolster ties between the two business communities in every possible way.
In his speech, Vietnamese Ambassador Le Duc Luu highly recommended the new economic partnership model reached by both countries’ leaders.
Once active, it will become an exemplary model for Vietnamese and Bulgarian stakeholders, he said.
Many Vietnamese firms in Bulgaria have already poured their money into their homeland and shipped Vietnamese goods to other European markets.
Two-way trade between Vietnam and Bulgaria averages US$70-80 million annually.
The event was co-hosted by the Vietnamese Ministry of Industry and Trade and the Bulgarian Ministry of Economy and Energy.