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

Head of State: Bulgaria Is Becoming Increasingly Visible on the Investment Map of German Business

11 September 2025 | 13:01
Bulgaria is increasingly visible on the German investment map and ever more attractive to German companies, many of which reinvest their profits and export research and development centres to our country. This was stated by President Rumen Radev during a meeting in Sofia with the leadership of the Federal Association for Economic Development and Foreign Trade (BWA).

Head of State Holds a Talk with Emir of Qatar

10 September 2025 | 17:05
The Bulgarian head of state emphasised the importance of global efforts to counter terrorism, while expressing concern about the escalation of tension in the Middle East following the Israeli air strike on the Qatari capital, Doha. Hundreds of our compatriots live and work in the Qatari capital.

Rumen Radev: In a Deteriorating Security Setting, the Modernisation of the Bulgarian Army Contributes to NATO's Collective Defence in the Region

8 September 2025 | 18:06
Connectivity between the countries in Southeast Europe is important not only for their economic development, but is also a factor in NATO's collective security in the region, the president emphasises during a meeting with NATO's Deputy Secretary General

Head of State: Germany Is a Leading Economic and Investment Partner and Dialogue at the Highest Level Is Important for Strengthening Trust in All Areas of Mutual Interest

28 August 2025 | 14:02
President Rumen Radev holds a meeting in Berlin with his counterpart, the President of the Federal Republic of Germany, Frank-Walter Steinmeier

ОТКРИТО УПРАВЛЕНИЕ

e-ДОКУМЕНТИ

BULGARIAN CHRISTMAS

SUPPORT A DREAM

JOHN ATANASOFF AWARD

CONSULTATIVE COUNCIL FOR NATIONAL SECURITY


Useful links