President of Czech Chamber of Commerce:
Vietnam – Leading Market for Czech Companies in Asia
President of the Czech Chamber of Commerce Zdenek Zajicek proposed the Government focus on several key markets, including Vietnam, while implementing its new export strategy for the 2023-2033 period approved on July 26, VNA reported Thursday.
Specifically, he proposed paying attention to the US, the Republic of Korea, Israel, Georgia, Vietnam, and African countries.
He affirmed that the chamber supports the Government's plan to create conditions for exporters, thus helping diversify their exports to countries outside the EU, and making it easier for companies to operate in foreign markets in a long term and enhance competitiveness through supporting the export of innovative products.
|The Czech Government approves new export strategy for the 2023-2033 period at a meeting on July 26. Photo: VNA
The new export strategy aims to strengthen the position of Czech companies in the supply chain and diversify exports outside the EU.
It also provides a framework for the Government to strengthen and adjust support for exporters, thereby helping sustain the economy and improve the living standards of its people.
Speaking at a Vietnam-Czech Republic business forum in Prague in June, Czech Deputy Minister of Industry and Trade Edvard Kozusnik affirmed Vietnam is the most important partner of the European country in Asia, with two-way trade reaching USD 2.4 billion last year.
Also at this event, Zdenek Zajicek announced the organisation of a delegation of Czech businesses to visit Vietnam in September.
Earlier, this month, during the Czech Government’s Committee on Strategic Investments's first meeting, with a focus on the development of transport infrastructure and the settlement of labour shortages, Minister of Labour and Social Affairs Marian Jurečka said the country needs to attract foreign workers, including those from Vietnam and the Philippines.
Addressing a press conference after the meeting, Jurečka said that labour shortages will hamper the country’s growth capability, so the government should attract capable foreign workers to supply for local companies.
He held that the Czech Republic should attract workers from countries that are culturally close to it in an effective, safe and swift manner. Aside from cooperating with traditional partners in Eastern Europe, it should also enhance labour partnerships with others such as Vietnam and the Philippines.
In early June, the Czech Government issued a plan to increase the recruitment quota for foreign workers.
According to the regulation adjusted by the Czech Government in October 2022, four embassies of the Czech Republic in Vietnam, Thailand, the Philippines and Indonesia, are granted foreign worker recruitment quotas. Among them, the embassy in the Philippines is granted a quota of 2,500, Thailand 280, Vietnam 200, and Indonesia 130.
The sound relationship of the two countries is still growing strongly amid complicated developments in the world and impacts of the Covid-19 pandemic. In 2022, two-way trade reached USD 2.4 billion.
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