Major priorities with Slovakia reaffirmed

A new cooperation framework between Vietnam and Slovakia will help the two countries to expand their economic, trade, and investment ties, with both sides’ taking sturdy measures to facilitate business performance.

- By Nguyen Thanh

Slovakian Prime Minister Robert Fico (left) met with Vietnamese counterpart Le Minh Hung last week

Prime Minister Le Minh Hung last week hosted an official welcome ceremony for Slovak counterpart Robert Fico, who was on an official visit to Vietnam. The two sides held talks and upgraded bilateral ties to a strategic partnership.

The partnership aims to elevate bilateral relations to a new level, strengthen existing cooperation mechanisms, and explore new avenues for deepening cooperation, both bilaterally and multilaterally.

Within this framework, Vietnam and Slovakia will continue to deepen cooperation in areas of mutual interest in order to deliver tangible benefits to their peoples and contribute to peace, stability, cooperation and prosperity in the region and beyond.

In addition to strengthening political, diplomatic, defence, and security cooperation, as well as promoting practical relations in science and technology, education, culture, tourism, labour, agriculture, climate, and healthcare, the two countries will lay big emphasis on amplifying economic, trade, and investment ties.

“Based on existing bilateral and multilateral economic agreements and the complementary nature of the two economies, the two sides agreed to further deepen economic, trade and investment cooperation, while ensuring an open, fair, transparent, equitable and nondiscriminatory business environment in each other’s markets,” stated a joint statement released during the visit.

Vietnam and Slovakia have reaffirmed their commitment to enhancing the role and effectiveness of the Vietnam-Slovakia Intergovernmental Committee on Economic Cooperation, co-chaired by Vietnam’s Ministry of Industry and Trade and Slovakia’s Ministry of Economy, as a key mechanism for identifying and promoting areas of cooperation and discussing sectors with significant potential for further development.