Poland to boost cooperation with Vietnam

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

Polish Ambassador to Vietnam Barbara Szymanowska hailed the significance of the event as a chance to open up cooperation opportunities.

Representative from Herbapol company of Poland introduces herbal products to Vietnamese enterprises (Source: VNA)

According to Deputy Head of the Ministry of Industry and Trade’s Department for European Market Duong Hoang Minh, bilateral trade reached USD660.6 million in 2014, up 32.2 percent from the previous year.

However, the potential has yet to be fully tapped as direct investments remain low, he said, hoping that the pending free trade agreement between Vietnam and the European Union would facilitate cooperation between enterprises.

He also stated that an inter-governmental committee will be set up to intensify coordination in high-potential fields and mitigate difficulties in their bilateral relations.

At the conference, participating Polish companies introduced their products and machines serving food and agricultural product processing and shared experiences in applying technological solutions in mineral processing./.

VNF/VNA