Greece-Vietnam Business Council established in Athens

The Greece-Vietnam Business Council (HVBC) has been established in Athens, Greece, aiming to promote trade ties between the two countries.

Attending the debut ceremony, Panagiotis Mihalos, the Greek Deputy Foreign Minister, welcomed the establishment of the Council as a significant contribution to the strong and long-term development of bilateral economic ties. He expressed hopes the two sides will work closely together to facilitate economic development in their respective countries.

Two-way trade between Vietnam and Greece reached 210 million USD last year, an increase of three-fold compared to 2010. Despite Greek austerity measures and import reductions, Vietnamese exports to Greece hit more than 186 million USD.

Greece has placed orders for 8 Vietnamese built vessels, worth 240 million USD. Source: http://www.talkvietnam.com/