Poland will fund Vietnam US$280 million to advance cooperation in shipbuilding and mining industries between the two nations. This information was confirmed by Mr Adam Szejnfeld, Secretary of State at the Ministry of Economy, at his working meeting with Vietnamese Deputy Minister of Industry and Trade, Le Danh Vinh, in Hanoi. He held a press briefing on his Vietnamese visit.
Could you briefly introduce the Polish visiting delegation to Vietnam?
Polish delegates consist of representatives from the Ministry of Economy and the Ministry of Finance. Thirteen businesses accompany us and they mainly operate in shipbuilding and mining industries. Representatives from Gdin University which trains shipbuilding engineers for Poland also go with us.
What are the objectives of this working visit to Vietnam?
Apart from meeting with representatives from the Ministry of Industry and Trade, we also greeted deputy ministers of finance and planning and investment. We reached certain consensuses at our meetings.
On June 15, at the head office of the Ministry of Industry and Trade, we held an exchange meeting for Vietnamese and Polish shipbuilding and mining companies. They obtained specific results through this meeting.
Would you mind revealing the results obtained by Vietnamese and Polish firms through this meeting?
As far as mining is concerned, attending companies discussed construction stone processing factory projects, coalmine construction projects and other related ones. In energy, the two sides mentioned the project to build power plants with capacity of over 6,000 MW.
With respect to shipbuilding, they discussed rescue shipbuilding projects. Our delegation was very happy and impressed with project preparation and interpretation by Vietnamese companies.
How will the Government of Poland help promote the possibility of investment cooperation between Vietnamese and Polish enterprises?
Poland is very keen on shipbuilding and mining cooperation with Vietnam. In mining, we are strong at training miners, transferring technologies and constructing mines for coal production in Vietnam. Additionally, Poland and Vietnam can cooperate in other fields like energy and coal processing.
To assist mining and shipbuilding projects to advance, Poland will grant a 20-year credit of US$280 million at a low interest rate to Vietnam.
Moreover, both sides can discuss other projects to get new financial aid.
What do you think about the cooperation potential between Vietnamese and Polish enterprises in shipbuilding, mining and other industries in the coming time?
In 2010, Vietnam and Poland will celebrate its 60th diplomatic relations anniversary. Polish Prime Minister will pay a working visit to Vietnam. This is the opportunity for projects of common concerns to be realised.
In addition, Vietnam and Poland have reportedly ridden out the global economic crisis. This common point will increase cooperative opportunities for both sides in the coming time.
I believe that, in the near future, apart from these two key industries, we can expand our cooperation into other fields like chemical, environmental protection and farm produce processing. Both nations have rich potential to develop these fields.
What do you say about trade between the two nations?
In 2008, the two-way trade reached some US$600 million in which Vietnam earned US$500 million from exports to Poland. Poland has been a full EU member for five years. When Vietnamese commodities enter the Polish market, they can easily penetrate other European markets with some 400 million people.
This year in spite of the global economic crisis, I believe that the bilateral trade revenue will still increase. (VNE)
Vietnamese
