Vietnam, Slovakia to Boost Economic Cooperation

The Vietnam Chamber of Commerce and Industry (VCCI) has recently hosted a business match meeting for Vietnamese and Slovak companies on the occasion of Slovak National Council Speaker Pavol Pasca visiting Hanoi. This was reportedly an important meeting as it opened new opportunities of economic cooperation for companies of both nations in a variety of business fields like transportation, banking, tourism, pharmacy and furniture.
Vietnam, Slovakia to Boost Economic Cooperation
At the meeting, Vice Chairman of the National Assembly of Vietnam, Nguyen Duc Kien, shared with the Speaker of the National Council of the Slovak Republic, Pavol Paska, and Slovak businesses on Vietnam’s achievements in the past year, with pitched notes in 2009 when Vietnam maintained the economic growth of above 5 percent and expected the growth at 6.5 percent or higher in 2010. Mr Kien hoped the meeting would help companies of the two nations to create opportunities, learn each other, exchange investment cooperation and find out new economic cooperation potentialities for mutual development in political, economic and cultural aspects.
Slovak House Speaker Pavol Paska expressed his belief in cooperation opportunities created by companies of the both nations in the future. He affirmed that Slovakia would open and facilitate Vietnamese goods to penetrate into Slovakia and European markets while readying to exchange information and ease up legal issues for companies of the both sides to boost commodity exchange.
Mr Pavol Paska hoped Slovakia and Vietnam could open a direct flight route to ease trading activities between Vietnam and facilitate tourism development in the two countries.

The two-way trade between Vietnam and Slovakia accelerated in the past years, from US$75 million in 2007 to US$100 million in 2008. Many Slovak companies are also preparing to invest in Vietnam. Slovak financial group, J&P, is expected to kick off a US$150 million office building project in Ho Chi Minh City and SES T-MACE Company, a boiler technology company, is going to join hands with SKODA PRAHA Group of Czech Republic to build a US$3 billion thermal power plant in Tra Vinh province.

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Posted by VBN on Feb 26 2010. Filed under Int'l Cooperation. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry

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