Vietnam-Czech Republic business forum opened in Prague on September 12 aiming to create opportunities for Vietnamese firms to meet and discuss business and investment cooperation with their Czech counterparts.

Addressing the forum, Deputy Minister of Industry and Trade, Do Thang Hai expressed his delight at the fine development between the two nations in such fields as politics, economics, trade and culture.

However, he said, economic and trade relations between the two nations has not lived up to its fullest potential, noting Vietnamese businesses have encountered difficulties meeting the high demands of the Czech Republic and EU market.

Hai expressed his hope that the signing of the Vietnam-EU Free Trade Agreement later this year will bring a new impetus to trade relations between the two countries and serve as a bridge connecting the markets.

During the forum, deputy head of the Trade Promotion Agency under the Ministry of Industry and Trade, Do Kim Lang presented trade and investment opportunities in Vietnam.

For his part, Czech Republic’s Deputy Minister of Industry and Trade, Pavel Solc highlighted regular meetings between the two countries’ businesses have been fruitful in elevating ties between the two nations.

He emphasised Vietnam is an important partner of the Czech Republic in the fields of politics, economics and trade and both nations have exponential potential for enhanced cooperation in the future.-VNA