Commercial Counsellor Tran Hiep Thuong said the workshopaims to clear up Czech businesses’ concern about risks when investing inVietnam.
He introduced Vietnam’s preferential policies andcooperation agreements between Vietnam and the Czech Republic as well as theEU.
Thuong told the Vietnam News Agency that Vietnam and theCzech Republic hold substantial potential for economic cooperation, with bilateraltrade estimated at 1 billion USD.
However, investment collaboration remains modest, he said,citing 35 projects worth about 100 million USD run by Czech firms in Vietnamand Vietnamese businesses’ four projects valued at some 5 million USD in theEuropean country.
The official explained that Czech businesses lackinformation about Vietnam’s business climate and investment attractionpolicies.
The Vietnamese Embassy will conduct practical activities tohelp Czech investors access the Vietnamese market, he said.
Ivo Gajdos, Executive Director of the Czech ManagementAssociation, said the Czech Republic is among Vietnam’s strategic exportmarkets for 2010-2020.
The Czech Republic has also considered Vietnam one of its 12promising markets, he said, stressing that his country backs the signing of theVietnam-EU Free Trade Agreement.
With dynamic development, a population of more than 90million and open investment policies, Vietnam deserves receiving attention fromCzech businesses, he said./.