Vietnam, Czech Republic establish strategic partnership

Vietnam and the Czech Republic have upgraded their bilateral relations to a strategic partnership during talks held between Prime Minister Pham Minh Chinh and his Czech counterpart Petr Fiala  in Prague on January 20.

The Czech Republic becomes the first Central and Eastern European country in the EU to have a strategic partnership with Vietnam.

Both sides agreed to enhance cooperation within the newly-established strategic partnership framework, including signed agreements between the two countries, promote cooperation in traditional areas such as trade - investment, science - technology, education - training, and culture – tourism.

They also agreed to expand cooperation into new fields such as renewable energy, innovation, digital transformation, green economy, circular economy, information technology, health care, mining, energy, and food security.

Regarding trade and investment, they agreed to continue implementing existing economic cooperation mechanisms, and encouraging Czech enterprises to increase investment in Vietnam, such as automotive support industry, renewable energy, machinery manufacturing, mining and processing of minerals, chemicals, and food processing.