Czech-Vietnamese business forum in Prague

Czech entrepreneurs want to enhance the volume of their export to the South-Asian country.

A Czech-Vietnamese business, investment and tourism forum in that 150 Vietnamese and 250 Czech entrepreneurs have taken part was held in the Prague Žofín Palace on Monday 11th May. The forum that has been organized by the Confederation of Industry of the Czech Republic together with the Vietnamese Bank for Investment and Development (BIDV) has been realized within the official visit of the Vietnamese president Truong Tan Sang to the Czech Republic. The Vietnamese head of state has visited the forum accompanied by its Czech counterpart Miloš Zeman.

Both presidents have participated in signing two important agreements. The first one was the Agreement on Cooperation between the Confederation of Industry and Vietnam Chamber of Commerce and Industry (VCCI) signed by the Confederation’s president Jaroslav Hanák and VCCI’s head Vu Tien Loc.

On the other side, the Czech Export Bank‘s director general Karel Bureš and the Vietnam Investment and Development Bank‘s Board Chairman Tran Bac Ha have signed a Memorandum on Complex Cooperation between both financial institutions.

The business forum has revealed an extraordinary interest in Vietnamese market and cooperation with the Vietnamese partners shown by the Czech companies. More than one sixth of them is interested in doing business with Vietnam.

„Eastern Asia is a priority region for us, and Vietnam is the key to this region,“ Hanák pointed out. „The sales are growing every year, the Vietnamese are, nevertheless, exporting larger volume than the Czechs what we would like to change.“

Among the Vietnamese companies that took part in the Žofín business forum were, next to BIDV, for example Vietnam Airlines or PETROVIETNAM.

The Czech export to Vietnam has represented 85 million USD in 2014. The Confederation of Industry has organized eight business missions to Vietnam and a series of meetings with Vietnamese entrepreneurs since 1994. The next mission is planned for September this year.

Radim Klekner
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section Aktuálně
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