Czech newswire comments on Vietnam-Czech economic prospect

08:55 | 06/06/2017 Events

The Czech newswire has underscored the importance of a meeting between President Milos Zeman and President Tran Dai Quang during his upcoming Vietnam visit from June 5-8.

czech newswire comments on vietnam czech economic prospect
NA Chairwoman Nguyen Thi Kim Ngan (left) and Czech PM Bohuslav Sobotka - Source: VNA

In the article, it said the Czech Republic wants Vietnam to off visa waivers for Czech tourists and launch a direct flight linking Hanoi with Prague to boost tourism and trade.

According to the article, the Czech President will be accompanied by a business delegation led by President of the Czech Confederation of Industry and Transport Jaroslav Hanak, reflecting their interest in Vietnam’s market thanks to an abundant and low-cost workforce and business incentives.

The tens of thousands of Vietnamese people living in the Czech Republic have been recognised as an ethnic minority.

Two-way trade between the two nations neared US$800 million. In the first half of 2016, some 30 Czech businesses invested over US$170 million in Vietnam, ranking 40th among 150th countries and territories.