Deputy Minister Le Tan Can meets with Czech Deputy Minister of Finance Marek Mora
Within the framework of the Prime Minister's official visit to the Czech Republic from January 18-20, 2025, Deputy Minister of Finance Le Tan Can visited the Czech Ministry of Finance on January 20, 2025 to strengthen bilateral financial cooperation, contributing to the development of general Viet Nam-Czech relations, in the context of the 75th anniversary of the establishment of diplomatic relations between Viet Nam and the Czech Republic in 2025.
At the meeting, the two sides emphasized that Viet Nam and the Czech Republic have traditional friendly relations. The Czech Republic is the first Central Eastern European country to provide ODA capital to Viet Nam. This is a premise to promote the cooperative relationship between Viet Nam and the Czech Republic. The two sides are members of the Free Trade Agreement between Viet Nam and the European Union (EVFTA), which has created a positive momentum for economic - trade - investment growth in recent times.
Deputy Minister Le Tan Can discussed with Czech Deputy Minister of Finance Marek Mora about the achievements in Viet Nam's macroeconomic management in the face of difficulties and challenges. Accordingly, Viet Nam's GDP growth in 2024 reached 7.09%, the consumer price index (CPI) for the whole year was at 3.63%. State budget revenue in 2024 is estimated to increase by 16.2% compared to the previous year. In 2025, Viet Nam’s Government will continue to prioritize promoting growth on the basis of maintaining macroeconomic stability, controlling inflation, ensuring major balances, setting a growth target of 7% while striving for a target of 8%. Viet Nam is in the process of transforming into a digital, green, high-technology and environment-friendly economy. In particular, Viet Nam has established an important position in the global semiconductor industry chain, attracting many large technology corporations. Sharing with the Vietnamese delegation, Deputy Minister Marek Mora said that the Czech economy had positive developments with positive GDP growth in 2024 and GDP growth is forecast to be 2.4-2.5% in 2025 with inflation gradually moving towards the 2% threshold from the double-digit level in 2022 and 2023.
Deputy Minister Le Tan Can also sincerely thanked the Czech Ministry of Finance for welcoming the working delegation of the Vietnamese Ministry of Finance on the global minimum tax in September 2024. The delegation of the Ministry of Finance collected a lot of useful information for the work of formulating financial and tax management policies.
Speaking with Deputy Minister of Finance Le Tan Can in the meeting, Mr. Marek Mora, Deputy Minister of Finance of the Czech Republic, highly appreciated the achievements of Viet Nam in managing macro-economic conditions; and stated that the two sides still have a lot of potential for cooperation in the fields of economics - trade - investment and especially in the field of finance.
Deputy Minister of Finance Le Tan Can suggested that the two Ministries of Finance continue to strengthen cooperation and share experiences with Viet Nam, not only in regard to global minimum tax but also in reforming public finance management, public assets; in reforming state-owned enterprises, developing financial markets in general, building property tax policies; in green finance, technology application, digital transformation to implement reform and modernization of the financial sector.
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