Vinh Phuc delegation seeks investment from Czech Republic

A delegation from Vinh Phuc held several activities and meetings in the Czech Republic on August 29 and 30 to attract investment to the northern province.
Vinh Phuc delegation seeks investment from Czech Republic
The Vinh Phuc delegation at the meeting with Vojtech Filip, Deputy Speaker of the Chamber of Deputies of the Czech Republic’s Parliament (6th from right).

In a meeting with Vojtech Filip, Deputy Speaker of the Chamber of Deputies of the Czech Republic’s Parliament on August 30, Hoang Thi Thuy Lan, head of the delegation and Secretary of the provincial Party Committee, stressed Vinh Phuc is now an attractive destination for foreign investors.

As of the end of June, the province housed 357 foreign-funded projects worth more than 4.7 billion USD from 17 countries and territories.

Considering the thriving relations between Vietnam and the Czech Republic, Lan urged leaders of the Chamber of Deputies, particularly Filip, to encourage Czech enterprises to invest in Vinh Phuc in the sectors of automobile engineering, clean agriculture, industrial waste treatment, and health.

She highlighted that the signing and expected ratification of the EU-Vietnam Free Trade Agreement (EVFTA) will create favourable conditions for EU firms, including those from the Czech Republic, to carry out long-term investment in Vietnam and boost exports to the market.

Agreeing with his guest on the impact of the EVFTA, Filip stated his country wants to strengthen cooperation with Vietnam to implement bilateral agreements sealed as part of an official visit to the Czech Republic by Vietnamese Prime Minister Nguyen Xuan Phuc in April this year.

The official said he always supports Czech firms’ investment in Vietnam in general and Vinh Phuc in particular.

He unveiled that executives of the Czech automobile manufacturer Skoda are scheduled to visit Vietnam next October to look for cooperation and investment opportunities in the local auto industry.

Filip noted that the Czech Republic wants to receive 3,000 caregivers from Vietnam, as discussed by both sides in his latest visit to Vietnam last June. He added such collaboration needs a specific roadmap that focuses on language training for the carers.

Earlier, the Vinh Phuc delegation visited the Vietnamese Embassy in the European country, during which Lan expressed her wish that the embassy, Union of Vietnamese Associations in Europe, and Vietnamese Association in the Czech Republic will continue connecting potential Czech investors to the Vietnamese market.

Vinh Phuc is also willing to create the best conditions possible for Vietnamese expatriates to make a contribution to their home country, she affirmed.


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