Czech businesses seek investment opportunities in HCMC

SGGP
The Vietnam Chamber of Commerce and Industry (VCCI) in HCMC yesterday organized a dialogue between Vietnamese and 40 Czech businesses who have come to seek investment opportunities in the city.

Vehicle parts are one of Vietnam’s export products to Czech (Photo: VNA)

Vehicle parts are one of Vietnam’s export products to Czech (Photo: VNA)

Statistics show that the trade turnover between Vietnam and the Czech Republic approximates as low as US$200 million despite lot of potential.
Vietnam exports to Czech products such as farm produce, food and garment items and imports machines and equipment, glass and medicines.
A VCCI representative said that the Government of Vietnam has sped up administrative reform to lure foreign investment from countries and territories including the Czech Republic. The country hopes to be friends of all countries in the world and further develop trade activities with them.

By MINH HAI – Translated by Hai Mien

Other news

Most view

Engine manufacturing for exports to ASEAN (Photo: SGGP)

Businesses need to take initiative in exploiting FTA tax incentives

Statistics by the Export Import Department under the Ministry of Industry and Trade show that only 35 percent of Vietnam’s export commodities are making the most of tax incentives from free trade agreements (FTAs) which the country has participated in.

Banking-finance

US dollar deposit rate should be increased: experts

The State Bank of Vietnam (SBV) should increase US dollar reward rates, kept at 0 percent for the last one year, to suit world market changes, attract foreign currency for economic development and prevent the source from running abroad.

Economy

Kien Giang lures 286 investment projects in tourism sector

The Mekong Delta Province of Kien Giang People’s Committee yesterday said the province has attracted 286 investment projects in tourism sector with total investment capital of up to VND 332,6trillion.

 

Self - introduction

“Taste of world” buffet in Liberty Central Saigon Center

Central restaurant is located on the 3rd floor of Liberty Central Saigon City point hotel where combines the comfort of tradition with modern design for people to experience regionally-sourced cuisine and fresh local seafood, especially lunch and dinner buffet.

Stock market

New market rule to improve trading quality

A new rule issued by the Hanoi Stock Exchange, allowing brokerages to become securities market members, is expected to improve the trading quality of Vietnam’s securities market.