site.btaGovernment Approves Draft MoU between InvestBulgaria Agency and Foreign Investment Agency of Vietnam

The government approved a draft Memorandum of Understanding between InvestBulgaria Agency and the Foreign Investment Agency of the Socialist Republic of Vietnam on Wednesday.

The Memorandum will support the development of bilateral economic cooperation between Bulgaria and Vietnam.

The aim of the document is for the two countries to establish and maintain various forms of cooperation in the field of investment and trade promotion to enhance employment, economic and social stability.

The Memorandum provides for InvestBulgaria Agency and the Foreign Investment Agency of the Socialist Republic of Vietnam to be partners in the field of attracting investments and implementing new investment projects. The two agencies will provide real opportunities for expanding business contacts between potential investors from Bulgaria and Vietnam. The two sides will exchange information in order to implement various initiatives that promote mutual investments.