financial-banking, science-technology, trade, agriculture and biology,
transport, infrastructure construction and labour.
The agreement
was reached at the second session of the Vietnam-Czech Republic
Inter-governmental Commission on Trade and Scientific Cooperation in
Hanoi on September 28.
Czech Deputy Minister of Industry and
Trade Milan Horvoka, who is leading the Czech delegation to the session,
said that the two sides agreed to add the financial and tourism fields
to the list of projects.
Vietnamese Deputy Minister of Industry
and Trade Le Danh Vinh stressed that the two sides need to promote
information sharing through different channels, encourage businesses to
open representative offices or branches and set up companies in each
country.
The Ministry of Industry and Trade always facilitates
Czech businesses to increase cooperation in industry and trade in
accordance with Vietnam ’s laws and policies, he added.
During
the session, the two sides informed each other of their respective
country’s economic development and reviewed the implementation of
agreements signed at the previous session.
Two-way trade between
the two countries saw a steady growth in recent year. The figure rose
from 100 million USD in 2005 to 294 million USD in 2008 and reached 300
million USD one year later.
Considering Vietnam
as a traditional market with many advantages, Czech enterprises have so
far invested about 35 million USD in production of glass, crystal,
electrical appliances and construction materials.
In 2010, Vietnam and the Czech Republic are celebrating the 60 th anniversary of diplomatic ties./.
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