At the workshop (Source: VNA) Commercial Counsellor Tran Hiep Thuong said the workshop aims to clear up Czech businesses’ concern about risks when investing in Vietnam.
He introduced Vietnam’s preferential policies and cooperation agreements between Vietnam and the Czech Republic as well as the EU.
Thuong told the Vietnam News Agency that Vietnam and the Czech Republic hold substantial potential for economic cooperation, with bilateral trade estimated at 1 billion USD.
However, investment collaboration remains modest, he said, citing 35 projects worth about 100 million USD run by Czech firms in Vietnam and Vietnamese businesses’ four projects valued at some 5 million USD in the European country.
The official explained that Czech businesses lack information about Vietnam’s business climate and investment attraction policies.
The Vietnamese Embassy will conduct practical activities to help Czech investors access the Vietnamese market, he said.
Ivo Gajdos, Executive Director of the Czech Management Association, said the Czech Republic is among Vietnam’s strategic export markets for 2010-2020.
The Czech Republic has also considered Vietnam one of its 12 promising markets, he said, stressing that his country backs the signing of the Vietnam-EU Free Trade Agreement.
With dynamic development, a population of more than 90 million and open investment policies, Vietnam deserves receiving attention from Czech businesses, he said./.
VNA
