Poland to boost cooperation with Vietnam

Poland is looking to foster cooperation with Vietnam in advantageous fields such as mining, food, green and advanced technologies and chemicals, said Polish Deputy Minister of Economy Grazyna Henclewska.
Poland is looking to foster cooperation with Vietnam in advantageousfields such as mining, food, green and advanced technologies andchemicals, said Polish Deputy Minister of Economy Grazyna Henclewska.

At a conference on investment cooperationopportunities for the two countries’ enterprises on April 14 in Hanoi,the Deputy Minister shared that as Europe’s sixth largest economy,Poland is continually expanding its investment and increasinghigh-quality product exports to potential markets, including SoutheastAsia and Vietnam.

Polish Ambassador to VietnamBarbara Szymanowska hailed the significance of the event as a chance toopen up cooperation opportunities.

According toDeputy Head of the Ministry of Industry and Trade’s Department forEuropean Market Duong Hoang Minh, bilateral trade reached 660.6 millionUSD in 2014, up 32.2 percent from the previous year.

However, the potential has yet to be fully tapped as directinvestments remain low, he said, hoping that the pending free tradeagreement between Vietnam and the European Union would facilitatecooperation between enterprises.

He also statedthat an inter-governmental committee will be set up to intensifycoordination in high-potential fields and mitigate difficulties in theirbilateral relations.

At the conference,participating Polish companies introduced their products and machinesserving food and agricultural product processing and shared experiencesin applying technological solutions in mineral processing.-VNA

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