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 USD 2.5 billion.

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Representatives of the Polish Investment and Trade Agency and the Central and Eastern European Chamber of Commerce in Vietnam sign a cooperation agreement at the event.

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

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

Poland has so far had 10 investment projects worth over USD 469,000 in Ho Chi Minh 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 Ho Chi Minh 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.

Source: VNA