Companies from the Czech Republic which are interested in the Vietnamese market were updated with information about Vietnam’s socio-economic development.
Prague (VNA) – Companies from the CzechRepublic which are interested in the Vietnamese market were updated withinformation about Vietnam’s socio-economic development as well as trade andinvestment links between the two countries at a workshop in Prague on November23.
Commercial Counsellor Tran Hiep Thuong said the workshopaims to clear up Czech businesses’ concern about risks when investing inVietnam.
He introduced Vietnam’s preferential policies andcooperation agreements between Vietnam and the Czech Republic as well as theEU.
Thuong told the Vietnam News Agency that Vietnam and theCzech Republic hold substantial potential for economic cooperation, with bilateraltrade estimated at 1 billion USD.
However, investment collaboration remains modest, he said,citing 35 projects worth about 100 million USD run by Czech firms in Vietnamand Vietnamese businesses’ four projects valued at some 5 million USD in theEuropean country.
The official explained that Czech businesses lackinformation about Vietnam’s business climate and investment attractionpolicies.
The Vietnamese Embassy will conduct practical activities tohelp Czech investors access the Vietnamese market, he said.
Ivo Gajdos, Executive Director of the Czech ManagementAssociation, said the Czech Republic is among Vietnam’s strategic exportmarkets for 2010-2020.
The Czech Republic has also considered Vietnam one of its 12promising markets, he said, stressing that his country backs the signing of theVietnam-EU Free Trade Agreement.
With dynamic development, a population of more than 90million and open investment policies, Vietnam deserves receiving attention fromCzech businesses, he said./.
The Czech Republic has expressed the wish to enhance the traditional cooperation with Vietnam in the field of labour, especially to bring Vietnamese nurses and doctors to work in Czech.
The total donation of Vietnamese in the Czech Republic to flood victims in the central region has exceeded 2 billion VND (90,000 USD) and is increasing day by day.
The Vietnam Embassy in the Czech Republic on November 19 awarded 55 Vietnamese students who have recorded outstanding achievements during the 2015-2016 academic year.
Developed with state-of-the-art infrastructure, the Da Nang FTZ is designed to become a leading regional economic centre and a strategic growth pole in Vietnam’s new development landscape.
The Binh Duong Association of Supporting Industries (BASI) is expected to promote the usage of domestically manufactured components while supporting businesses in accessing international markets, strengthening linkages, and promoting deeper integration into global supply chains.
PwC Vietnam forecasts a vibrant M&A market in Vietnam’s healthcare sector in 2025, driven by rising demand for high-quality medical services and a growing middle class. Pharmaceutical companies, private hospitals, and specialised medical facilities, particularly in ophthalmology and oncology, are predicted to be key targets for M&A.
The central province of Quang Nam is set to become a hub for the medicinal plant industry, with Ngoc Linh ginseng designated as the core crop, under the Prime Minister's decision issued earlier this year.
The North-South Expressway project is scheduled for completion by 2030, aiming to establish the groundwork for Vietnam’s modern railway industry and stimulate regional economic development, positioning the country for a significant economic leap in the era of national rise.
The probe, initiated on June 11 following a petition by the US Coalition for Fair Trade in Hardwood Plywood, targets products classified under HS Code 4412 and 9403 imported from China, Indonesia and Vietnam.
Sun PhuQuoc Airways was born as a perfect piece in Sun Group’s strategic vision to build a premium ecosystem of tourism, entertainment, real estate, and aviation. With a pioneering ambition, Sun PhuQuoc Airways is not just an airline, but a symbol of connection – bringing the world to Phu Quoc and taking Phu Quoc to the world.
A key change in the draft decree is a provision requiring bank transfers for gold transactions valued at 20 million VND (765 USD) and above, to enhance transparency and verify customer identities.
In the first four months of 2025, trade turnover between Vietnam and Cambodia surpassed 3 billion USD, marking a 7% increase compared to the same period in 2024.
On June 19 alone, a total of 2,005 trucks completed customs clearance at Lang Son’s border gates — the highest single-day figure ever recorded in the province. Of these, 634 carried exports and 1,371 imports.
The OECD Economic Surveys: Vietnam 2025 report focuses on analysing the country’s macroeconomic fundamentals, the impact of international integration on attracting foreign investment and trade, and the country’s prospects for developing a low-carbon economy.
Antoine Colin, Senior Vice President for Global Supply Chain Digital Transformation & Resilience at HP Inc., affirmed HP’s strategic commitment to building a supply chain and ecosystem in Vietnam and the region.
Deputy Director General of the Ministry of Industry and Trade (MoIT)’s Trade Promotion Agency Bui Quang Hung emphasised that logistics has evolved from a technical function into a core capability for Vietnamese exporters to maintain their competitive advantage in the US market.
A trade official has suggested companies work closely with shipping lines, airlines, and freight forwarders to monitor routes, transit times, and potential surcharges while exploring broader cargo insurance to cover risks like war and terrorism.
In addition to institutional reform, the agency is also rolling out key solution groups to combat counterfeit goods, imitations, and intellectual property infringements in the digital environment.
The event, co-organised by the Vietnam Trade Office in the UK and TT Meridian, a local importer of Vietnamese fresh produce, aims to build a national lychee brand and encourage broader recognition of Vietnamese fruits in a competitive, high-end market.
The industry's performance has been powered by bold investments in modern production lines, enabling Vietnamese firms to produce complicated products which were exclusive to advanced economies.
At the workshop (Source: VNA) 
