Econ
Vietnam in the list of Poland's top five prioritized markets
In the framework of the 10th European Economic Forum (EEC) in Warsaw, Poland, for the first time, the ASEAN Commission in Warsaw jointly held a panel discussion on ASEAN-EU Economic Cooperation.
The program saw the attandance of Ambassadors from ASEAN countries in Poland, representatives from the Asia-Pacific Department of the Ministry of Foreign Affairs of Poland and representatives of the EEC Organizing Committee and Polish leaders, enterprises and academics.
At the session, issues related to the Vietnam-EU Free Trade Agreement (EVFTA) drew the attention and interest of the speakers and participants.
Speakers and delegates commented that, together with the strong support of the EVFTA and Poland's position in the list of five prioritized markets, Polish businesses are facing many favorable times for investing and doing business in Vietnam.
The leaders expressed their appreciation of the considerable progress made in bilateral links across economy-trade-investment over the past years.
Poland is now Vietnam’s largest trade partner in central eastern Europe while Vietnam is Poland’s seventh-largest trade partner outside of the EU. Vietnam always values developing the traditional friendly ties with countries in Central Eastern Europe, with Poland as a priority partner.
Two-way trade hit a record $790 million last year and $730 million in the first nine months of this year, up 25 per cent year-on-year. Poland’s total investment in Vietnam doubled to $189 million from 2014 to 2017.
Poland will soon disburse an official development assistance package worth €250 million ($296 million) in Vietnam in line with a framework agreement on financial cooperation signed during the visit.
The two countries will actively realize a memorandum of understanding (MoU) on economic cooperation, firstly facilitating the inauguration of a representative office of the Polish Investment and Trade Agency in Ho Chi Minh City, thereby encouraging the two countries’ businesses to seek opportunities in fields of Poland’s strength and Vietnam’s demand, such as mining, food processing, pharmaceuticals, and environmental protection.
Both sides underscored the importance of boosting national defense and security ties and pledged to share experience in UN peacekeeping missions and in overcoming the consequences of unexploded ordnance.
They spoke highly of the signing of a tertiary education cooperation agreement increasing scholarships for the two countries’ students and graduates to 20 per year and a letter of intent on opening Polish language training courses between the Polish Ministry of Science and Higher Education and Hanoi University.
They promised to restore the Vietnam-Poland Joint Committee on Scientific and Technological Cooperation mechanism and convene a meeting next year.
The two countries will actively realise the Memorandum of Understanding (MoU) on economic cooperation, firstly facilitating the inauguration of the representative office of the Polish Investment and Trade Agency in Ho Chi Minh City, thereby encouraging the two countries’ businesses to seek opportunities in fields of Poland’s strength and Vietnam’s demand such as mining, food processing, pharmaceuticals and environment protection.
They underscored the importance of boosting national defence-security ties and pledged to share experience in overcoming the consequences of bombs and mines and the UN peacekeeping mission.
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Speakers and delegates commented that, together with the strong support of the EVFTA and Poland's position in the list of five prioritized markets, Polish businesses are facing many favorable times for investing and doing business in Vietnam.
The leaders expressed their appreciation of the considerable progress made in bilateral links across economy-trade-investment over the past years.
Poland is now Vietnam’s largest trade partner in central eastern Europe while Vietnam is Poland’s seventh-largest trade partner outside of the EU. Vietnam always values developing the traditional friendly ties with countries in Central Eastern Europe, with Poland as a priority partner.
Two-way trade hit a record $790 million last year and $730 million in the first nine months of this year, up 25 per cent year-on-year. Poland’s total investment in Vietnam doubled to $189 million from 2014 to 2017.
Poland will soon disburse an official development assistance package worth €250 million ($296 million) in Vietnam in line with a framework agreement on financial cooperation signed during the visit.
The two countries will actively realize a memorandum of understanding (MoU) on economic cooperation, firstly facilitating the inauguration of a representative office of the Polish Investment and Trade Agency in Ho Chi Minh City, thereby encouraging the two countries’ businesses to seek opportunities in fields of Poland’s strength and Vietnam’s demand, such as mining, food processing, pharmaceuticals, and environmental protection.
Both sides underscored the importance of boosting national defense and security ties and pledged to share experience in UN peacekeeping missions and in overcoming the consequences of unexploded ordnance.
They spoke highly of the signing of a tertiary education cooperation agreement increasing scholarships for the two countries’ students and graduates to 20 per year and a letter of intent on opening Polish language training courses between the Polish Ministry of Science and Higher Education and Hanoi University.
They promised to restore the Vietnam-Poland Joint Committee on Scientific and Technological Cooperation mechanism and convene a meeting next year.
The two countries will actively realise the Memorandum of Understanding (MoU) on economic cooperation, firstly facilitating the inauguration of the representative office of the Polish Investment and Trade Agency in Ho Chi Minh City, thereby encouraging the two countries’ businesses to seek opportunities in fields of Poland’s strength and Vietnam’s demand such as mining, food processing, pharmaceuticals and environment protection.
They underscored the importance of boosting national defence-security ties and pledged to share experience in overcoming the consequences of bombs and mines and the UN peacekeeping mission.
