Book on Vietnamese market launched in Czech Republic hinh anh 1Trade Counsellor Tran Hiep Thuong introduces the book. (Photo: VNA)

Prague (VNA) - A Czech-language book featuring Vietnam's market was launched at the Embassy of Vietnam in Prague, the Czech Republic, on March 23.

The release of the book is part of the Embassy’s diplomatic activities to serve the two countries’ economic cooperation.

The Vietnamese Embassy has planned to organise various activities to promote investment, trade and tourism in the year.

Addressing the ceremony, Truong Manh Son, Vietnamese Ambassador to the Czech Republic stressed that the traditional cooperation of Vietnam and the Czech Republic is thriving, with many high-level visits that provided a driving force for economic, trade and investment links.

However, the bilateral economic and trade cooperation has yet to match the potential and wishes of each country.

As of mid-2016, 30 businesses of the Czech Republic have operated in Vietnam, with a total investment of 170 million USD. The European country ranked 40th out of 150 countries and territories that invested in Vietnam. Import-export turnover of the two countries reached roughly 1 billion USD. 

Bilateral cooperation still faces difficulties, such as the absence of a Hanoi-Prague direct flight and complicated visa-granting procedures for Vietnamese businesses and tourists to the Czech Republic, Son said.  

On the occasion, Ambassador Son and Trade Counsellor Tran Hiep Thuong also responded to questions of local reporters and businesses on investment policies of the Vietnamese Government. -VNA