Hai Phong seeks cooperation opportunities, promotes bilateral investment with Czech Republic
WVR - On the afternoon of November 30 (local time), at the headquarters of the Vietnamese Embassy in Prague, the Hai Phong City Trade and Investment Cooperation Conference 2025 in the Czech Republic was held with the participation of a delegation from Hai Phong City led by Central Party Committee member and City Party Secretary Le Tien Chau.
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| Hai Phong seeks cooperation opportunities, promotes bilateral investment with Czech Republic |
The conference was also attended by representatives from city departments, some Vietnamese businesses, and a large number of Czech entrepreneurs of Vietnamese descent, along with guests from the local Vietnamese community.
In his opening remarks, Vietnamese Ambassador to the Czech Republic Duong Hoai Nam reviewed the overall picture of the Vietnamese business community in the Czech Republic, one of the most integrated and stable communities in Europe.
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| Vietnamese Ambassador to the Czech Republic Duong Hoai Nam speaking at the event. |
The Ambassador emphasized that the official upgrade of Vietnam-Czech relations to a Strategic Partnership following Prime Minister Pham Minh Chinh's visit in early 2025 has laid a crucial foundation, opening a new phase of cooperation with many potential areas, especially in trade, investment, and business connectivity.
Representing the Vietnamese business community in the Czech Republic, Mr. Giang Thanh, Vice Chairman of the Union of Vietnamese Associations in the Czech Republic, stated that the community currently has about 100,000 people, with 60,000 holding long-term residency cards and over 30,000 having Czech citizenship. Approximately 95% of the community is engaged in business, forming a dynamic group of entrepreneurs who are quick to adapt and gradually affirm their position in the local society.
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| Ambassador Duong Hoai Nam emphasized that the official upgrade of Vietnam-Czech relations has laid a crucial foundation, opening a new phase of cooperation with many potential areas, especially in trade, investment, and business connectivity. |
Discussing the business environment, Mr. Nguyen Thai Ngoc, Chairman of the Vietnamese Business Association in the Czech Republic, noted that the Czech Republic offers a stable and transparent legal environment and business conditions, providing more advantages compared to some neighboring markets like Russia or Ukraine, especially amid recent economic-political fluctuations in Europe.
At the conference, entrepreneur Nguyen Van Duc, a prominent Vietnamese businessman in the Czech Republic, shared his success story in bilateral investment. He previously participated in the Saigon Aquarium project in Vietnam before expanding into the construction materials sector in Prague.
His company currently holds about 85% of the sand and gravel supply market in Prague and 65% across the Czech Republic, demonstrating the competitiveness and opportunity-grasping ability of Vietnamese businesses in the European market.
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| City Party Secretary Le Tien Chau introduces the potential and advantages of Hai Phong city. |
In his keynote speech, City Party Secretary Le Tien Chau outlined Hai Phong's development strategy for the new phase, envisioning it as an industrial, logistics, and international service hub in Northern Vietnam.
With the advantage of deep-water ports, modern transportation infrastructure, abundant clean land in industrial zones, and competitive incentive policies, Hai Phong is aiming to attract significant foreign investment tied to technological innovation, environmental protection, and high added value.
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| City Party Secretary Le Tien Chau presents a souvenir to Ambassador Duong Hoai Nam. |
Mr. Le Trung Kien, Vice Chairman of the City People's Committee and Head of the Hai Phong Economic Zone Authority, emphasized several areas where Hai Phong seeks to enhance cooperation with Czech enterprises, including processing-manufacturing industries, high technology, clean energy, logistics, precision engineering, and pharmaceuticals. He affirmed that Hai Phong is committed to accompanying and providing maximum support to international investors through administrative reform, digital transformation, and ensuring synchronized and modern industrial infrastructure.
Representing Hai Phong's business sector, Mr. Dang Thanh Tam, Chairman of the Board of Directors of Kinh Bac City Development Corporation, noted that Hai Phong, the third-largest city in the country, is highly attractive to international industrial and service enterprises.
He proposed researching the model of a Hai Phong Trade Center in the Czech Republic to enhance local product promotion, support businesses in accessing the European market, and boost bilateral trade promotion activities. He stated that businesses are ready to accompany and contribute resources to this initiative.
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| Delegates attending the event take a commemorative photo. |
Concluding the conference, City Party Secretary Le Tien Chau expressed appreciation for the Vietnamese business community's efforts in the Czech Republic. He affirmed that every Vietnamese abroad is “a people's ambassador”, contributing to promoting the country's image, building trust, and expanding cooperation opportunities for Vietnamese businesses.
With a spirit of solidarity, integration, and development aspirations, he believes the Vietnamese community in the Czech Republic will continue to succeed and become an important bridge between Hai Phong in particular, Vietnam in general, and the Czech Republic and the European region.
(Source: Embassy of Vietnam in Czech Republic)
