Vietnam, Czech Republic seek ways to enhance trade ties
Vietnamese Ambassador to the Czech Republic Ho Minh Tuan and President of the Czech Chamber of Commerce (CCC) Vladimír Dlouhý on July 17 discussed measures to boost bilateral cooperation in economics, trade and investment after the EU-Vietnam Free Trade Agreement (EVFTA) was signed on June 30.
Vietnamese Ambassador to the Czech Republic Ho Minh Tuan (C) and President of the Czech Chamber of Commerce Vladimír Dlouhý (second from left) (Source: VNA)
Prague (VNA) – Vietnamese Ambassador to the Czech Republic Ho MinhTuan and President of the Czech Chamber of Commerce (CCC) Vladimír Dlouhý onJuly 17 discussed measures to boost bilateral cooperation in economics, tradeand investment after the EU-Vietnam Free Trade Agreement (EVFTA) was signed onJune 30.
Tuansaid that EVFTA, once taking effect, will facilitate the development of tradeand investment cooperation between Vietnam and the EU, including the Czech Republic.
Theagreement will help the Central European country to intensify the export of itsstrong commodities to Vietnam to improve the trade balance, he stated.
Heexpressed his hope that Vladimír Dlouhý, as the CCC President, will representthe Czech business community to canvass his country’s Parliament and Czechparliamentarians at the European Parliament to soon ratify the EVFTA and theEU-Vietnam Investment Protection Agreement.
Dlouhýtold the Vietnamese diplomat that the fields his country wants to fostercollaboration with Vietnam include automobile manufacturing, food industry,pharmaceuticals, chemicals, electronic equipment and tourism.
TheCCC is willing to cooperate with the Vietnamese embassy to hold seminars andforums related to trade and investment to help Czech enterprises understandmore about the Vietnamese market, its policies and cooperation opportunities, he affirmed.
Statisticsfrom the CCC show that last year, two-way trade reached nearly 1.2 billion USD,in which Vietnam enjoyed a trade surplus of over 900 million USD. Vietnammainly exports electronic equipment, footwear and leather products, rubber,seafood and farm produce to the Czech Republic, while importing energyequipment, boilers, mechanical tools, TV screens, surgical instruments, andglass and crystal products.
Vietnam and the Czech Republic will celebrate the 70th anniversaryof their diplomatic ties in 2020.-VNA
Vietnamese Ambassador to the Czech Republic Ho Minh Tuan visited Ústecký region and had a working session with local officials on June 21 in an effort to promote this region’s cooperation with Vietnamese localities.
Czech experts have shared their views that the EU-Vietnam Free Trade Agreement (EVFTA) will bring about great opportunities for Vietnam and the Czech Republic to expand their economic and trade ties.
The Czech Republic will be an important bridge for Vietnamese to enter the European market and bolster the Vietnam-EU trade, an official of the republic has said.
The new Government decree also simplifies loan procedures while expanding credit incentives to include organic and circular agriculture, allowing them to access preferential terms similar to those of high-tech and value-chain based agricultural production.
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.
Vietnamese Ambassador to the Czech Republic Ho Minh Tuan (C) and President of the Czech Chamber of Commerce Vladimír Dlouhý (second from left) (Source: VNA) 
