Vietnam, Slovakia Seeks Ways to Forge Economic Ties

Vietnamese Ambassador to Slovakia Nguyen Tuan (R) and Chairman of the Slovak National Council's Economic Affairs Committee Peter Kremsky. Photo: VNA

Vietnamese Ambassador to Slovakia Nguyen Tuan and a delegation of the Slovak National Council, led by Chairman of its Economic Affairs Committee Peter Kremsky, discussed economic cooperation between the two countries during their meeting on April 1.

Tuan noted his hope that the Slovak parliament, government, and competent agencies will support cooperation between the countries and called on the Slovak National Council to soon ratify the EU-Vietnam Investment Protection Agreement (EVIPA).

Kremsky, for his part, said Vietnam holds an important role in the region and has strength in natural and human resources, stressing that the Slovakia-Vietnam relations have yet to match their potential.

Briefing the ambassador on Slovakia’s consulting, construction and operation experience in thermal power, hydroelectricity, and nuclear power, Kremsky affirmed that his country wants to cooperate with Vietnam in these sectors and welcomes Vietnamese investors.

Due to the impact of the current conflict in Ukraine, Slovakia is looking for alternative energy sources to reduce its reliance on Russian energy sources, he continued.

The senior Slovak MP also spoke of the possibility of developing electric vehicle market in Europe, following a recent decision by Vietnamese carmaker VinFast to pour US$4 billion into a factory in the United States.

VinFast may consider choosing Slovakia as the next investment destination as the country is an automobile manufacturing hub in Europe that hosts major brands like Volkswagen and KIA, he said.

Kremsky pledged to work closely with relevant Slovak agencies to support Vietnamese businesses if they decide to choose Slovakia as a destination./.

Vietnamese Community in Slovakia Supports Compatriots in Ukraine The delegation of the Vietnamese Embassy in Slovakia led by Ambassador Nguyen Tuan visited and worked with the Vietnamese community in Kosice city and the ...

Slovak Town's Deep Affection for President Ho Chi Minh At the town hall of Horne Saliby, Slovak Republic, where a bronze plaque commemorating President Ho Chi Minh is located, Ambassador Nguyen Tuan has just ...

Slovakia vs Spain: Preview, prediction, team news, betting tips and odds Slovakia will make the journey to Seville to take on a Spain on Wednesday, at Estadio La Cartuja in Seville. Here is the prediction, preview, ...