Czech media have high expectations for Prime Minister Petr Fiala's visit to Vietnam

Media outlets in the Czech Republic ran articles that express high expectations for the upcoming official visit to Vietnam of Prime Minister Petr Fiala at the invitation of Vietnamese Prime Minister Pham Minh Chinh, especially regarding business cooperation and opportunities for Czech businesses.
Czech media have high expectations for Prime Minister Petr Fiala's visit to Vietnam ảnh 1Prime Minister of the Czech Republic Petr Fiala (Photo: AFP/VNA)

Prague (VNA) – Mediaoutlets in the Czech Republic ranarticles that express high expectations for the upcoming official visit to Vietnam of Prime Minister Petr Fiala at the invitation of Vietnamese PrimeMinister Pham Minh Chinh, especially regarding businesscooperation and opportunities for Czech businesses.

The "Business Information" quoted President of the Czech Chamber of CommerceVladimir Dlouhy as saying that the PM will be accompanied by 30 representativesof large corporations and companies, including engineering firms, aircrafttechnology manufacturers, weapons companies and software developers.

All Asian countries that PMFiala will visit during this trip, including Vietnam, have great potential and can bring about opportunities for Czech businesses, he said.

According to Dlouhy, onApril 21, the Czech business delegation is scheduled to have a meeting with Vietnamese firms inHanoi, followed by a working lunch between PM Fiala and Vietnamese officials and delegates from companies engaged indefence industry.

Dlouhy himself expects to meet with leaders of the Vietnam Chamber of Commerce and Industry(VCCI).  Businesses of the two countrieswill also hold a working session in the northern Quang Ninh province where Czech automaker Skoda plans to build afactory. PM Fiala will attend the groundbreaking ceremony for the plant onApril 22.

Meanwhile, the Czech newsagency CTK wrote that Vietnam offers opportunities for Czech businesses in theauto industry and a number of other important fields. It quoted PM Fiala asdescribing the Indo-Pacific region as of great economic importance because itis the fastest-growing region in the world. Fiala said that it is necessary forthe Czech government to support the activities of Czech businesses in theregion.

According to the website Vietnamskelisty.czwhich is sponsored by the European Union, Vietnam is attractive for Czechentrepreneurs with many business opportunities in various fields. Vietnam has adynamic economy, a growing market and an improving business environment, itsaid, adding that a large workforce and low production costs make Vietnam anideal destination for Czech manufacturers.

As Vietnam is one of thelargest textile and garment manufacturing countries in the world, Czechbusinesses can take advantage of low-cost labour and quality raw materialswith a decades-long textile industry in Vietnam. The Czech side can alsoparticipate in the development of Vietnam's food industry on the basis of arich agricultural background. In terms of tourism, Vietnam is considered to have great potential and is attracting more tourists, opening up opportunitiesfor Czech enterprises to do business in the hotel and travel sectors.

In an article on the "Parliamentary Journal", the Honorary President of the Czech-VietnamFriendship Association, Marcel Winter, wrote that Vietnam is a beautiful,peaceful and safe country, a gateway to Asia for Czech businessmen.Therefore, Czech enterprises have great opportunities in Vietnam and need to speedup promotion and marketing in this market of 100 million people, he said./.

VNA

See more

At Pulau Seraya power station (Photo: Straitimes)

Singapore begins construction on hydrogen-fueled power plant

Singapore on October 23 began the construction of an 800 million USD power plant that has the capability to use hydrogen to generate electricity, as part of a push to utilise the fuel to reach Singapore’s net-zero carbon emissions target by 2050.

Delegates at the event (Photo: VNA)

125th anniversary of Permanent Court of Arbitration celebrated

The Permanent Mission of Vietnam to the United Nations and missions of the Philippines, Australia, Egypt, Guatemala, Hungary, Thailand, France, Eritrea and Austria, organised a ceremony on October 22 to celebrate the 125th anniversary of the Permanent Court of Arbitration (PCA), as part of the International Law Week at the UN General Assembly's Legal Committee (Sixth Committee).

CEO of the Malaysia Digital Economy Corporation Anuar Fariz Fadzil (Photo: focusmalaysia.my)

Malaysia continues placing emphasis on digitalisation

The Budget 2025 provides significant support to further accelerate Malaysia’s digitalisation, encourage adoption of artificial intelligence (AI) and drive inclusive growth, further positioning Malaysia as a leading digital hub within the ASEAN region, according to CEO of the Malaysia Digital Economy Corporation (MDEC) Anuar Fariz Fadzil.

Malaysia's economic reforms boost investment inflow (Photo: thestar.com.my)

Malaysia's economic reforms boost investment inflow

Malaysia has attracted substantial foreign investments, reaching 22.2 billion MYR (5.16 billion USD) in the third quarter of 2024, the highest level for the same period since 2012, according to UOB's Global Markets and Economics report.

Ambassador Dang Hoang Giang, Permanent Representative of Vietnam to the UN speaks at the debate (Photo: VNA)

Maintaining peace, stability a must for progress on human rights: Ambassador

Progress in human rights can only be achieved by maintaining peace and stability, respecting the rule of law at both the international and national levels, and ensuring respect for the principles of national sovereignty and non-interference in internal affairs, said Ambassador Dang Hoang Giang, Permanent Representative of Vietnam to the UN.

A visitor browses travel promotions at a travel fair in Nonthaburi province. (Photo: Bangkok Post)

Thailand plans enhanced support for domestic tourism

Thailand’s Ministry of Tourism and Sports is aiming to increase subsidy to local tourists in the upcoming stimulus scheme to 50% and would like to change the criteria for online travel agents, mandating them to register in Thailand to avoid losing income to foreign companies.

Oil field offshore Indonesia. (Photo: thejakartapost.com)

Indonesia begins major oil, gas exploration in Sulawesi

Indonesia's state-owned oil company Pertamina, along with foreign partners Sinopec from China and Kuwait’s Kufpec, has signed a contract to explore the Melati oil and gas block, located off the coast of Sulawesi. The block is estimated to contain trillions of cubic feet of gas reserves.