Executives of many Vietnamese and Slovak businesses attend the seminar. (Photo: Embassy of Vietnam in Slovakia)

The business gathering aimed to introduce Slovak organizations and companies wishing to do business with their counterparts in Vietnam, so as to promote economic and trade cooperation between Vietnam and Slovakia.

Addressing the event, Ambassador Nguyen Tuan noted that the complicated strategic competition between countries and the unpredictable prolonged conflict in Ukraine have impacted the global economy. In addition, inflation risks and the slowing of the world economy have required Vietnam to diversify its trade partnerships.

Both Vietnam and Slovakia are traditional partners, but their economic and trade cooperation has shown signs of slowing down in recent years, said the diplomat.

Speakers shared the view that after the pandemic was over, the seminar created a chance for Vietnamese and Slovak partners to meet, share experiences, and seek possible areas of cooperation, including import & export, high-tech projects, tourism, labour supply, and herbal production.

This is the right time for the two countries to identify and grasp opportunities for investment and trade promotion, they said, expressing hope that Slovakia would further facilitate the application of visas for workers and tourists to the country.

The workshop ended with a number of partners finding cooperation agreements, namely buying Vietnamese rice to supply directly to restaurants in Slovakia, training and supplying labor for Slovak factories, as well as a plan. The two sides will jointly organize a commodity fair between the two countries in Vietnam and Slovakia in the near future.

Participants reached a number of deals under which Vietnam would supply rice to restaurants in Slovakia; both sides would cooperate in training and supplying labor to Slovak factories; and the two sides would jointly organize trade fairs in their countries in the near future.