Bulgaria, Vietnam forge business partnership

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Sofia downtown
Bulgaria’s capital Sofia

With a newly signed business partnership between Bulgaria and Vietnam, both countries hope to tap into each others regional markets. This became clear at the meeting of Bulgarian President Rosen Plevneliev and the head of state of Vietnam, Truong Tan Sang.

“We want the good years of bilateral relations between the two countries to lead to the establishment of a ‘new model of economic cooperation’ and Vietnam to become an open door for our country in the region with 660 million people, Plevneliev said.

In turn, Bulgaria proposes to grant Vietnamese companies the most favourable conditions so that Bulgaria can become a gateway for Vietnam to the European markets. Accordingly, the Asian country should import raw materials to Bulgaria to be processed and exported to the EU.

Vietnam is among the largest producers in the fish and fishery products industry. Bulgaria said it will be a key driver for the signing of a free trade agreement between Vietnam and the EU.

Bulgarian firms will also seek partners for joint projects in the pharmaceutical, textile, footwear, food, agriculture and tobacco industries. They look for opportunities to export to the Asian country native wine, food, yogurt and rose oil.

The two presidents signed a number of  bilateral documents, such as a Memorandum of Cooperation between the Bulgarian Academy of Sciences and the Vietnamese Academy of Science and Technology and a Framework Agreement on Bilateral Scientific and Technological Cooperation.

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Reading Time: 1 minute

Bulgaria’s capital Sofia

With a newly signed business partnership between Bulgaria and Vietnam, both countries hope to tap into each others regional markets. This became clear at the meeting of Bulgarian President Rosen Plevneliev and the head of state of Vietnam, Truong Tan Sang.

Reading Time: 1 minute

Sofia downtown
Bulgaria’s capital Sofia

With a newly signed business partnership between Bulgaria and Vietnam, both countries hope to tap into each others regional markets. This became clear at the meeting of Bulgarian President Rosen Plevneliev and the head of state of Vietnam, Truong Tan Sang.

“We want the good years of bilateral relations between the two countries to lead to the establishment of a ‘new model of economic cooperation’ and Vietnam to become an open door for our country in the region with 660 million people, Plevneliev said.

In turn, Bulgaria proposes to grant Vietnamese companies the most favourable conditions so that Bulgaria can become a gateway for Vietnam to the European markets. Accordingly, the Asian country should import raw materials to Bulgaria to be processed and exported to the EU.

Vietnam is among the largest producers in the fish and fishery products industry. Bulgaria said it will be a key driver for the signing of a free trade agreement between Vietnam and the EU.

Bulgarian firms will also seek partners for joint projects in the pharmaceutical, textile, footwear, food, agriculture and tobacco industries. They look for opportunities to export to the Asian country native wine, food, yogurt and rose oil.

The two presidents signed a number of  bilateral documents, such as a Memorandum of Cooperation between the Bulgarian Academy of Sciences and the Vietnamese Academy of Science and Technology and a Framework Agreement on Bilateral Scientific and Technological Cooperation.

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