(VOVWORLD) -Opening the Vietnam-Czech Republic Business Forum in Hanoi on Friday, Czech Prime Minister Petr Fiala said Vietnam is an important partner of the Czech Republic in Southeast Asia.
 Prime Minister Pham Minh Chinh, Prime Minister Petr Fiala and other delegates attend the Vietnam-Czech Republic Business Forum. Photo: Tuan Huy
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Both countries are making good use of the advantages brought by the EU-Vietnam Free Trade Agreement (EVFTA) for stronger economic and trade cooperation, Prime Minister Fiala added.
“To take full advantage of our cooperation opportunities, it requires further trade liberalization. Both sides need an open trade mechanism and the more important step forward is the free trade agreement between the EU and Vietnam signed in 2020. I’m am confident that we will capitalize on what this trade agreement brings to create a stronger momentum for bilateral trade," Fiala said.
Speaking before a large number of businesses of the two countries, Prime Minister Pham Minh Chinh pledged to continue working closely with the Czech Government, increasing experience sharing in energy, environment, science, technology, education and training, and tourism.
He reiterated Vietnam’s commitment to creating the best business environment towards OECD standards (international standards set for policymakers, investors, companies and other stakeholders worldwide). That is maintaining socio-political and macroeconomic stability, and removing bottlenecks of the economy in terms of legal institutions, infrastructure and human resources.
Prime Minister Chinh said he believes that the Vietnam-Czech Republic Business Forum will be an opportunity for the business communities of both sides to work out specific cooperation programs and plans.
At the Forum, the Vietnamese and Czech Prime Ministers witnessed the signing of cooperation agreements between agencies and businesses of the two countries.