Home / Knowledge / News / Visit of Greek President to strengthen bilateral trade
Visit of Greek President to strengthen bilateral trade
Oct '08
The President of Greece, Mr Karolos Papoulias is on a state visit to Vietnam. As part of his program, he attended a business forum held between business delegations of both countries. The forum is expected to bring a momentum to trade and commercial development between Greece and Vietnam.

While addressing the forum, Greek Deputy Foreign Minister Mr Doukas said there were many promising areas of cooperation for bilateral trade development, of which textiles and garments were two amongst many.

Athens Chamber of Commerce and Industry, Vice President, Eleftherios Kourtalis said, "Bilateral economic co-operation is steadily and continuously developing, but is obviously lagging behind the potential of our two countries, despite good and amicable relations.”

He said he believed that the forum would lay the foundations for launching a coordinated effort to explore new areas of cooperation. He also stressed by saying "In this information age, geographic distance separating our countries should not be a barrier.”

Mr Konstantinos Antonopoulos, Chairman of Greek Business Council said “there exists a lot of opportunities for Greek businessmen in Vietnam as the Vietnamese economy was well on its way to a multi-sector model operating on market mechanisms.”

He added by saying that “As a member of the Association of Southeast Asian Nations (ASEAN), Vietnam could be a gateway for Greek enterprises to access one of the biggest markets in the world, with a population of 600 million.”

The Deputy Minister of Industry & Trade of Vietnam, Le Danh Vinh said “the economies of the two countries complimented each other and Greece could prove to be a potential partner of Vietnam”.

Earlier in June, during the visit of the Vietnamese President to Greece, a MOU on modernizing the lottery system in Ho Chin Minh city was signed between the lottery operating company and Intralot SA Group of Greece.

Mr Konstantinos Antonopoulos hoped that there would be more such bilateral cooperation between companies in the future. The Vice-Chairman of Vietnam Chamber of Commerce and Industry, Mr Doan Duy Khuong urged businessmen from both countries to exploit untapped potential between the two countries.

Bilateral trade between the two countries stood at US $90 million in 2007 of which $82 million worth of shipments were made from Vietnam which included textiles, garments, footwear etc.

Must ReadView All

Textiles | On 24th Oct 2016

Indian govt plans roadshows to promote textile exports

The Indian government has planned to conduct roadshows to boost the...

Textiles | On 24th Oct 2016

TPP may hit roadblock

The 12-member Trans-Pacific Partnership (TPP) that was signed earlier ...

Textiles | On 24th Oct 2016

Baba Ramdev’s Patanjali to enter textile manufacturing

Patanjali Ayurved, an enterprise initiated by yoga guru Baba Ramdev,...

Interviews View All

Neel Sawhney
One Friday

‘The share of kidswear segment in the online sector is still small in...

Sanjay Yagnik
Maa Tex Speciality

‘We suggest reducing dosage of sizing chemicals to reduce sludge...

Veronique Lee

‘Sustainable fashion is trending upwards, slowly but surely, as people...

Steve Cole
Xerium Technologies

Steve Cole of Xerium Technologies discusses the industry. Xerium is the...

Eamonn Tighe
Nature Works LLC

Eamonn Tighe, Fibres and Nonwovens - Business Development Manager of...

Kerem Durdag
Biovation II LLC

Kerem Durdag, CEO, Biovation II LLC, provides an insight into future...

Jay Ramrakhiani
Occasions Elegance Wear

It is believed that by early 19th century, Varanasi weavers had moved away ...

Pranav Mishra

Designers Pranav Mishra and Shyma Shetty’s Huemn is known for its...

Tony Ward
Tony Ward

"You have to truly understand what your client wants, know her needs, what ...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


Letter To Editor

(Max. 8000 char.)

Search Companies

October 2016

October 2016

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.


Browse Our Archives


Advanced Search