Deputy Prime Minister Vuong Dinh Hue called on Slovakian businesses to make further investments in Viet Nam during a business conference yesterday in the capital. — Photo toquoc.vn

"We will create the most favourable conditions for Slovakian firms to invest in sectors such as electronic component manufacturing, information and technology, pharmaceuticals, energy and agricultural products in the country," the deputy PM said.

Given the establishment of the ASEAN Economic Community, Slovakian enterprises would also have opportunities to access huge markets in ASEAN if they started their investment in Viet Nam.

The deputy PM said he hoped that Slovakia in return would facilitate exports of Vietnamese goods, including textiles and garments, footwear, agro-forestry products and electronics, to the lucrative market.

In order to increase bilateral economic relations between the two nations, which remain modest, Slovakian Prime Minister Robert Fico suggested the two governments draw up and then exchange with each other a list of prioritised sectors for co-operation.

He also stressed the importance of accelerating exchanges of high level delegations and business communities along with perfecting the legal framework in an attempt to boost two-way ties in trade and investment.

Meanwhile, Nguyen Thao Hien, deputy head of the European Market Department under the Ministry of Industry and Trade said both sides had enormous strengths that could supplement each other.

Hien said Slovakia's demand for consumer goods, farm produce, apparel and footwear could give a boost to Viet Nam's exports. In return, with its strength in machinery and engineering, as well as being a supplier of parts, Slovakia could help Viet Nam develop these sectors.

The event yesterday also saw several agreements and MoUs inked among the Vietnamese and Slovakian sides. — VNS