Work starts on Vietnam-Slovakia friendship building

The Ho Chi Minh City Union of Friendship Organisations and the Vietnam-Slovakia Friendship Association’s municipal chapter on May 10 kicked off construction on the Vietnam-Slovakia friendship building in District 1.
Work starts on Vietnam-Slovakia friendship building ảnh 1President Tran Dai Quang (R) shakes hands with Slovak Prime Minister Peter Pellegrini during his official visit to Vietnam in November 2017 (Photo: VNA)
Hanoi (VNA) – The Ho Chi Minh City Union of Friendship Organisations and theVietnam-Slovakia Friendship Association’s municipal chapter on May 10 kicked offconstruction on the Vietnam-Slovakia friendship building in District 1.

Speaking at the groundbreaking ceremony, President of the union Huynh MinhThien affirmed that the project is a manifestation for the fine sentimentsbetween the two countries and their people.

Licensed by the municipal People’s Committee in 2010, the building will comprise21 storeys with around 13,700 sq.m of floor area. Its construction is expectedto be completed in two years.

Once put into use, the building will also be the headquarters of the Ho ChiMinh City Union of Friendship Organisations.

Vietnam and Slovakia established diplomatic relations in1950. Since then, the bilateral ties have developed continously, especially in trade and investment.

Trade turnover between Vietnam and Slovakia has grown 40times compared to 2004. In the first 10 months of 2017, two-way trade reachedabout 630 million USD, up 80 percent against the same period last year, makingSlovakia one of Vietnam’s most important trading partners in Central andEastern Europe.

Slovakia invested in nine projects in Vietnam with totalcapital of 247 million USD, making it 36th among 128 countries investingdirectly in Vietnam.-VNA

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