Viet Nam, Poland discuss new credit agreements

The Vietnamese and Polish finance ministries are discussing conditions for two new credit agreements totally worth 280 million USD that Poland will grant Viet Nam.

At a press meeting in Ha Noi on Aug. 26, Polish commercial attache Z. Pavlik said that the new credits will be used to further develop the shipbuilding industry and build a thermal power plant in Viet Nam.

Earlier, the Polish government provided Viet Nam's shipbuilding industry with 70 million USD under a credit agreement which is expected to be completed by the end of this year. Poland has exported about 62 million USD worth of materials and equipment to the Vietnamese shipbuilding industry within the agreement framework.

Two-way trade between Viet Nam and Poland was valued at 109.6 million USD in the first half of this year. Of the figure, Poland exported 19.4 million USD worth of goods to Viet Nam and imported 90.2 million USD.

Viet Nam mainly exports rice, tea, coffee, footwear, garments and food to Poland

(Source: VNA)