Viêt Nam to support Bulgarian business

Viêt Nam to support Bulgarian business

Việt Nam will support effective implementation of Bulgarian firms’ long-term projects in the country, Prime Minister Nguyễn Xuân Phúc said yesterday.

Receiving Bulgarian Economic Minister Bozidar Lucarsky in Hà Nội, Phúc expressed his wish that the two countries enhance economic and investment co-operation, as also boost commercial exchanges.

While bilateral co-operation in economy and trade developed in recent years, it failed to meet expectations, Phúc said.

Two-way trade turnover between Việt Nam and Bulgaria reached US$102.5 million in 2015.

The Bulgarian minister agreed that economic co-operation between Việt Nam and Bulgaria did not match the potential. Addressing this was a main reason for his visit to Việt Nam, he said.

He said he wished that Bulgaria would become a gateway for Vietnamese products to enter the European market and that Việt Nam returns the favour for Bulgarian products to enter Southeast Asia.

He informed Phúc of the results of talks he held with Minister of Industry and Trade Trần Tuấn Anh. The two sides have identified many orientations to boost co-operation in the coming time.

Earlier yesterday, the Bulgarian Minister was received by National Assembly Vice Chairman Phùng Quốc Hiển. Hiển hoped the Minister’s visit would be followed by deals on goods, services and investments, boosting both economies and strengthening bilateral co-operation.

On Monday, many entrepreneurs from both countries participated in a Việt Nam-Bulgarian business forum. — VNS

Read more at http://vietnamnews.vn/economy/344687/viet-nam-to-support-bulgarian-business.html#lzJi0F4jLHEzseww.99