Businessmen of Vietnam and Slovakia have met in Hanoi to discuss how to increase mutual understanding as well as trade and economic cooperation between the two countries.
Although trade and investment between the two business communities saw significant growth in recent years, bilateral trade has not matched the two countries’ potential and demands, Doan Duy Khuong, Vice President of the Vietnam Chamber of Commerce and Industry (VCCI) said at the Vietnam-Slovakia business get-together on Oct. 26.
Economic structures of both countries could complement each other, Khuong said.
With flexible economic mechanism, Vietnam is a gateway for Slovakian goods to enter into markets of other ASEAN countries and Asian nations as well. Meanwhile, Slovakia would be an important partner and a gateway for Vietnamese commodities to penetrate in the European Union, Khuong added.
Slovakian Ambassador to Vietnam Peter Svitek stressed great prospects for economic cooperation between the two countries. Direct contacts and negotiations are the best way for boosting bilateral cooperation, he said.
Ambassador Peter Svitek expressed his hope that Slovakian firms would seek their partners in Vietnam .
Two-way trade between Vietnam and Slovakia reached more than 114.2 million USD in 2008. Vietnam exported mainly electronic products and accessories, footwear, garment and textiles worth 109.8 million USD while importing cattle feed, material plastics and machines and spare parts worth 4.4 million USD./.