State President Nguyen Xuan Phuc (R) receives Ambassador of Oman Saleh Mohamed Ahmed Al Saqri. Photo: VOV

Receiving Ambassador of Oman Saleh Mohamed Ahmed Al Saqri, President Phuc noted with satisfaction the growing political ties between the two countries over the years, supporting bilateral cooperation across various fields.

Notably, he said two-way trade turnover between Vietnam and Oman rose 100% in 2021 compared to the previous year, hitting US$340 million. The Vietnam - Oman Investment fund has operated effectively by pouring US$300 million into infrastructure and sustainable development projects in Vietnam.

While receiving Omani Ambassador Saleh Mohamed Ahmed Al Saqri, the State leader spoke highly of the Ambassador’s positive and effective contributions to the promotion of the friendship and partnership between the two countries.

Stressing that Vietnam attaches great importance to friendship and cooperation with Oman in all fields, the State leader thanked Oman for supporting Vietnam in the COVID-19 response and assisting flood victims in 2020, while noting that last year, two-way trade surged 100% to 340 million USD, as the Vietnam-Oman joint investment fund has operated effectively, pouring 300 million USD into infrastructure and sustainable development projects in Vietnam.

For his part, Ambassador Saleh Mohamed Ahmed Al Saqri said Oman attaches great importance to cooperation with Vietnam and will continue to promote the agreed cooperation programmes and suggested that the two sides continue to expand the joint investment fund, according to Nhandan.

Outgoing Ambassador of the Czech Republic Vitezslav Grepl (L) bids farewell to President Nguyen Xuan Phuc. Photo: VOV

President Nguyen Xuan Phuc (R) hosts Czech Ambassador Vitezslav Grepl (Photo: VNA)

At another reception for Ambassador of the Czech Republic Vitezslav Grepl, President Phuc affirmed that Vietnam wants to foster the traditional friendship and multifaceted cooperation with the Czech Republic on the close bond between the two countries over the past decades.

He said he is happy to see that during the Ambassador’s term, the economic and trade ties between Vietnam and the Czech Republic have recorded positive results, with two-way trade turnover last year rising 32% to US$740 million. The Czech Republic has invested in 38 projects with a total capital of more than US$90 million. However, the result is still not commensurate with the potential of the two sides.

As the Czech Republic is currently holding the position of the European Council president in the last six months of the year, Phuc proposed that the Czech Republic lobby EU member states to soon ratify the EU-Vietnam investment protection agreement (EVIPA), and at the same time, the EU to soon remove the ‘yellow card’ on Vietnamese seafood exports.

He welcomed the Czech automaker Skoda’s decision to enter the Vietnamese market, and assured that Vietnam always created favourable conditions for foreign firms, including those from the Czech Republic, to operate successfully in the country, reported VOV.

Ambassador Vitezslav Grepl said the Czech Republic is one of the first EU countries to ratify the EVIPA and is also calling on other EU members to do the same.

He revealed that many large Czech firms want to invest in Vietnam after Skoda Auto penetrated this lucrative market, with its first products expected to hit the road late next year. In addition to trade and investment ties, the two countries have also cooperated effectively in the fields of defense and people-to-people diplomacy.

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