Vietnam-Poland economic forum opens in HCM City

December 1, 2017 | 01:33 pm GMT+7

A Vietnam-Poland economic forum convened in Ho Chi Minh City on November 30 with the attendance of Polish President Andrzej Duda who is currently on a visit to Vietnam. Minister of Information and Communications Truong Minh Tuan attended the Forum.


Addressing the forum, the Polish President said the nearly-70-decade-long relations between Vietnam and Poland have laid the basis for bilateral cooperation across sectors, particularly in economics. Vietnam, among the most dynamic economies in the ASEAN region, is one of the five prioritised markets Poland has chosen for its investment and business operation, he added.
Through the forum, Poland encourages Vietnamese and Polish firms to study each other market and exchange information to establish long-term partnerships, Andrzej Duda noted.
Minister of Information and Communications Truong Minh Tuan stated that Poland is an important partner of Vietnam in Europe. He said Polish investment in Vietnam is on the rise, with value tripling from 2014 to 2017. However, the outcome still falls short of potential offered by both sides, the minister added.
He noted that Poland is the 6th biggest economy in Europe, while Vietnam holds strengths in investment climate quality, consumer market, and human resources. Both nations have signed various agreements and memoranda of understanding to facilitate cooperation.
He urged the local business community to make use of the forum to gain insights into the Polish markets and chances for their investment in electronic components, IT, and farm produce.
The minister urged Polish investors to do business in Vietnam for mutual benefit and the development of bilateral relations.