Tay Ninh and Thanh Hoa promote investment and trade cooperation with Bulgaria
WVR - From October 20-22, a delegation from Tay Ninh Province led by Nguyen Thanh Hai, Deputy Secretary of the Provincial Party Committee, and a delegation from Thanh Hoa Province led by Mai Xuan Liem, Member of the Provincial Party Standing Committee and Permanent Vice Chairman of the Provincial People's Committee, paid a working visit to Bulgaria.
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The mission aimed to promote local potential and seek opportunities for investment and trade cooperation. The Vietnamese Embassy in Bulgaria coordinated activities to promote and connect partners in the capital Sofia and the city of Plovdiv.
On October 22, in Sofia, the Embassy, in collaboration with the Bulgarian Chamber of Commerce and Industry (BCCI), organized the Bulgaria-Vietnam Business Forum, attended by leaders from the two provinces and business communities from both countries.
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| The Bulgaria-Vietnam Business Forum at the Bulgarian Chamber of Commerce and Industry (BCCI) fosters connections and seeks opportunities for investment and trade cooperation between businesses from both countries. (Photo: Vietnamese Embassy in Bulgaria) |
At the Forum, Tay Ninh introduced its investment attraction strategies in high-tech industries, supporting industries, logistics, clean energy, and high-tech agriculture. They also expressed a desire for cooperation in industrial production, infrastructure development, innovation, and human resource training.
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Thanh Hoa showcased its industrial development potential, infrastructure advantages, and human resources, while proposing enhanced cooperation in processing, manufacturing, electronics, mechanics, textiles, logistics, vocational training, and tourism.
The Bulgarian side shared information about the business environment, investment cooperation prospects, supply chain development, bilateral trade, and labor cooperation. They also highly valued the quality of Vietnamese goods and the contributions of Vietnamese workers.
Both sides discussed leveraging opportunities from the Vietnam-EU Free Trade Agreement (EVFTA), enhancing business connections, and exchanging market information.
The highlight of the Forum was the business-to-business (B2B) networking program, allowing companies from both countries to directly showcase their capabilities, exchange needs, and seek partners in production, trade, and investment. This activity opens opportunities for businesses to continue exploring and promoting cooperation after the Forum.
Earlier, on October 21, Ambassador Nguyen Thi Minh Nguyet and the two delegations worked in Plovdiv, meeting with Deputy Mayor Plamen Panov, leaders of the Trakia Economic Zone (TEZ), and representatives from universities, associations, and businesses.
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| Ambassador Nguyen Thi Minh Nguyet and the delegations from Tay Ninh and Thanh Hoa worked with the authorities of Plovdiv, Bulgaria. (Photo: Vietnamese Embassy in Bulgaria) |
The Plovdiv side introduced their experience in industrial zone development, investment attraction, and promoting links between authorities, businesses, and educational institutions.
The two delegations discussed cooperation in industrial infrastructure development, logistics, technology application, and human resource training. Tay Ninh proposed establishing an information exchange channel on investment, while Thanh Hoa showed interest in industrial cooperation, vocational training, and tourism.
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| Representatives of the Trakia Economic Zone (TEZ), Ha Thanh Investment Corporation, and the Thanh Hoa Textile Association signed a Memorandum of Understanding under the witness of the leaders of the parties. (Photo: Vietnamese Embassy in Bulgaria) |
At TEZ, the delegations explored the industrial zone management model, investor support mechanisms, and human resource training linkages. Two Memorandums of Understanding were signed between TEZ and Ha Thanh Investment Corporation and the Thanh Hoa Textile Association, witnessed by Ambassador Nguyen Thi Minh Nguyet, leaders of the two provinces, and Plovdiv authorities. These documents provide a basis for further exploring cooperation opportunities.
Representatives from universities in Plovdiv expressed a desire to enhance academic exchanges, welcome Vietnamese students, and cooperate in training in engineering, food technology, agriculture, and information technology.
On October 20, the two delegations visited and worked at the Vietnamese Embassy in Bulgaria. Ambassador Nguyen Thi Minh Nguyet provided information on the local situation, the Vietnam-Bulgaria Strategic Partnership established in October 2025, and cooperation opportunities between the two countries. The Ambassador emphasized the role of local cooperation and business connections in concretizing high-level agreements and affirmed the Embassy's readiness to assist the two provinces in finding partners.
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| The Tay Ninh delegation worked with the Vietnamese Embassy in Bulgaria, discussing the local situation and opportunities for investment and trade cooperation between the two countries. (Photo: Vietnamese Embassy in Bulgaria) |
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| The Thanh Hoa delegation worked with the Vietnamese Embassy in Bulgaria, discussing potential and directions to promote cooperation with Bulgarian partners. (Photo: Vietnamese Embassy in Bulgaria) |
On this occasion, representatives from the Trade Office introduced the bilateral economic and trade cooperation situation, the strengths of both countries, and potential cooperation areas.
Speaking at the meeting, Atanas Zafirov, former Deputy Prime Minister and former Chairman of the Bulgarian Socialist Party, emphasized the need to concretize the Strategic Partnership with practical results.
He proposed promoting investment cooperation, joint ventures, technology transfer, twinning between cities, and connecting businesses from both countries.
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| Atanas Zafirov, former Deputy Prime Minister and former Chairman of the Bulgarian Socialist Party, speaking at the meeting with the two Vietnamese delegations. (Photo: Vietnamese Embassy in Bulgaria) |
The mission achieved initial results, notably the signing of two Memorandums of Understanding at TEZ, organizing the Bulgaria-Vietnam Business Forum, and B2B networking activities.
These activities contribute to expanding the partner network, laying the groundwork for promoting economic, trade, investment, and training cooperation, thereby concretizing the Vietnam-Bulgaria Strategic Partnership.
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(Source: Embassy of Vietnam in Bulgaria)
