Illustrative image (Source: VNA) Hanoi (VNA) – The recently ratified EU-Vietnam FreeTrade Agreement (EVFTA) is likely to accelerate trade between Vietnam andPoland, according to International Business Times.
The newspaper quoted Piotr Harasimowicz, ChiefRepresentative Officer of the Polish Investment and Trade Agency in Ho Chi MinhCity, as saying that Vietnam is one ofthe most promising markets for Polish companies in Southeast Asia.
The official said latest data from the agencyshowed bilateral trade between the two countries surpassed 3 billion USD in2019. The key sectors of cooperation are agri-food, pharmaceuticals, cosmetics,green technologies and wastewater treatment.
Potential areas were software/IT, heavyindustries such as mining, shipbuilding, machinery and equipment foragricultural production, and food processing. Vietnam mainly exportselectronics and equipment, footwear, textiles and agricultural goods such ascoffee, pepper, coconut and cashews, he added.
Harasimowicz said Poland boasts a large Vietnamese community that forms alink between these two countries 5,500 miles apart.
In Poland itself, Vietnamese are now the largest communityafter Ukrainians, Germans and Belarusians, with nearly 12,000 holding permanentresidency permits.
The Vietnamese Embassy in Poland estimated thatabout 20,000 to 30,000 Vietnamese people live in Poland, while the Polishgovernment thinks the accurate number is closer to 50,000. They areconcentrated in Warsaw where they own at least 500 Vietnamese restaurants./.
VNA
