Vietnam, Estonia expand economic cooperation

November 08, 2011 | 10:12

(0) user say

The Vietnam Chamber of Commerce and Industry (VCCI) held the Vietnam-Estonia Business Forum in Hanoi on Nov. 7 on the occasion of Estonian Prime Minister Andrus Ansip’s current visit to Vietnam.

Addressing the forum, PM Andrus Ansip expressed his wish to expand economic cooperation with Vietnam . He also said bilateral ties between the two countries have seen fine development.

VCCI President Vu Tien Loc affirmed that the forum is a step to realise the commitments made by the two governments to boost their economic ties.

Loc said VCCI is ready to be a bridge for agencies of the two governments to develop economic cooperation between the two countries to a new height.

The same day, Minister of Industry and Trade Vu Huy Hoang had a working session with the visiting Estonian businessmen.

Minister Hoang said that the two countries plan to sign agreements on economic cooperation, double taxation avoidance and prevention of income tax fraud and to set up a joint commission to boost bilateral trade.

Acting General Director of the Estonia Chamber of Commerce Mail Pails introduce Estonia ’s procedures for business start-up registration and its tax system. He added Estonia will create favourable conditions for Vietnamese businesses.