Czech businesses keen on Vietnamese energy projects

Businesses from the Czech Republic are willing to help Vietnam build power stations, confirmed Senator Vitezslav Jonas.

At the Vietnamese-Czech Business Forum held in Hanoi on March 8, Senator Jonas said that the Czech Republic will invite representatives of the Vietnam Energy Institute to visit the country to observe their experiences in energy development at first hand.

The Czech businesses also want to link up with Vietnamese enterprises in the foodstuffs, garments, wood processing, electronic, household electronic appliance and health sectors.

While confirming that Vietnam ’s economic achievements have attracted the interests of a number of Czech enterprises, Senator Jonas said he believed that Vietnam , with its stable investment environment would become a good investment and trading partner for Czech enterprises.

The Vice President of the Vietnam Chamber of Industry and Commerce, Doan Duy Khuong said that the Vietnamese government always attaches importance to comprehensive cooperation with the Czech Republic and always creates the best possible conditions to Czech enterprises to invest and do business in Vietnam.

In his opinion, Vietnam , with its flexible economic mechanism, would serve as a bridge for Czech commodities to enter ASEAN countries and the Czech republic , in the trading centre of Europe , could be a gateway for Vietnamese exports to enter the EU market.

In recent years, Vietnam-Czech trade ties have experienced a stable growth. In 2010, bilateral trade reached $205 million, a year-on-year increase of 24 per cent. – VIR