Vietnam, Poland promote trade, IT cooperation

WVR/VNA - On June 7, in Ho Chi Minh City, a workshop to promote cooperation in trade and information technology (IT) between Vietnam and Poland was held by the Investment & Trade Promotion Centre of HCM City (ITPC) and the Polish Investment and Trade Agency (PAIH) in the locality.
Vietnam, Poland promote trade, IT cooperation
Representatives of the Polish Investment and Trade Agency and the Central and Eastern European Chamber of Commerce in Vietnam (CEEC) sign a cooperation agreement at the event. (Photo: VNA)

According to Vice Director of the ITPC Nguyen Tuan, Poland is the largest trade partner of Vietnam in Central-Eastern Europe, while Vietnam is Poland's fourth largest trade partner in Asia.

Economic cooperation between the two nations has still maintained stable growth with two-way trade in both 2021 and 2022 hitting a record of over 2.5 billion USD.

In the first four months of 2023, the trade reached 841 million USD, with Vietnam’s export turnover of computers, electronics, and spare parts to Poland nearing 236.34 million USD.

Trade and investment cooperation between Ho Chi Minh City and Poland witnessed strong growth in 2022, with two-way trade totaling 270 million USD, up 8% year-on-year.

Poland has so far had 10 investment projects worth over 469,000 USD in HCM City, ranking 64th among the 117 countries and territories investing in the southern economic hub.

Tuan said the ITPC will continue to coordinate with relevant agencies to intensify trade and investment promotion activities with Poland, thus facilitating the operation of Polish businesses in HCM City and vice versa.

Representatives of Polish firms said that they are seeking partners and cooperation opportunities with Vietnam in terms of information technology, thus further promoting the relations between Poland and Ho Chi Minh City in particular, and the friendship and cooperation between the two nations in general.

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(Source: WVR/VNA)