NEWS

Bulgaria and Vietnam Will Work to Deepen Bilateral Economic Exchanges and Mutual Investments

2024-05-13 18:47:00

Bulgaria and Vietnam will work to deepen bilateral economic exchanges and mutual investments. This was the common position of President Rumen Radev and Minister of Industry and Trade of the Socialist Republic of Vietnam, Nguyen Hong Dien, who held a meeting today in Sofia. The Vietnamese minister is also Chai of the Vietnamese side of the Bulgarian-Vietnamese Intergovernmental Joint Commission for Trade, Economic, Scientific and Technical Cooperation. He is the head of the delegation that is in Bulgaria for the 24th session of the commission on 13-14 May.

Rumen Radev highlighted Vietnam's rapid industrialisation process over the past decades and the sustained high annual growth of the economy, which can serve as an example and create favourable preconditions for further development of the bilateral partnership with Bulgaria in a number of areas - information technology, production of high-tech components and software for the automotive sector, defence industry, agriculture and food production. The Head of State also underlined this country's interest in raising bilateral relations to the level of a strategic partnership.

During the meeting, the historical ties between Bulgaria and Vietnam were highlighted, based on friendship, mutual trust and understanding, which are a solid foundation for the development of bilateral relations. Nguyen Hong Dien confirmed the invitation of the state and political leadership of Vietnam to the Bulgarian Head of State to visit the country, and Rumen Radev stressed that he is planning such a visit, together with representatives of leading Bulgarian companies, to deepen the political dialogue at the highest level and give a new impetus to bilateral economic exchanges.

The importance of the partnership in education, science and tourism between Bulgaria and Vietnam was also among the highlights of the meeting. President Radev pointed to Bulgaria's contribution to the education and vocational training of tens of thousands of Vietnamese citizens in the recent past.  He also confirmed the mutual interest in expanding cultural and educational exchanges.

 

 

MORE FROM NEWS

President Rumen Radev Held a Session with the Ambassadors of the EU Member States

4 December 2025 | 16:04
The meeting was held at the initiative of Denmark's ambassador to Bulgaria Flemming Stender within the framework of the Danish Presidency of the Council of the EU

Head of State Awarded the Order of Madara Horseman, First Class, to Ambassador of the Republic of Iraq

28 November 2025 | 15:03
In his speech, the president pointed out that Bulgaria highly values its relations with Iraq, which is an important partner in the Middle East region

President Radev: Improving Connectivity Is Key to Strengthening Security and Stability in the Black Sea Region

24 November 2025 | 19:07
Taking advantage of their geostrategic position, Bulgaria and Georgia have the potential to deepen their connectivity in various areas such as transport, energy, and the digital sector, which will contribute to promoting the economy, investment, and prosperity in the Black Sea region. This was stated by President Rumen Radev, who held a meeting with the Speaker of the Parliament of Georgia, Shalva Papuashvili.

Radev Discussed Europe's Prospects for Addressing the Challenges It Faces with Hungarian Foreign Minister

13 November 2025 | 14:02
The two were unanimous that restoring peace in Europe through diplomacy is a priority for the EU and the only way to ensure the long-term security and stability of the Old Continent.

ОТКРИТО УПРАВЛЕНИЕ

e-ДОКУМЕНТИ

BULGARIAN CHRISTMAS

SUPPORT A DREAM

JOHN ATANASOFF AWARD

CONSULTATIVE COUNCIL FOR NATIONAL SECURITY


Useful links