Business news

Minister Počivalšek-led business delegation visiting Vietnam

Hanoi, 07 November (STA) - A Slovenian government and business delegation led by Economy Minister Zdravko Počivalšek started a two-day visit to Vietnam today. Seeing Vietnam as a potential new market for Slovenian companies, the ministry pointed out the country is the fastest-growing economy in Southeast Asia with rising purchasing power.

The stop in Vietnam, a country with 90 million people which recorded 7.1% growth in 2018 and which has a favourable geostrategic position, comes after the delegation visited China.

In Hanoi, the delegation will participate in the second meeting of the intergovernmental commission for economic cooperation and in a Slovenia-Vietnam business forum.

Moreover, bilateral meetings are planned with Vietnam's Minister of Industry and Trade Tran Tuan Anh and Foreign Minister Pham Binh Minh.

The talks are expected to focus on the deepening of political and diplomatic ties, international trade, industry, investment, culture, sport, tourism, the circular economy, joint development, information and communication technology, agriculture, the food industry and transport.

Trade between Slovenia and Vietnam reached EUR 54.2 million in 2018, a 3.8% increase on 2017, the Economy Ministry wrote.