EVFTA to take Vietnam – Germany cooperation to next level: Ambassador
Vietnam’s Prime Minister Nguyen Xuan Phuc suggested Vietnam and Germany soon set up a strategic action plan for the 2019 – 2021 period.
![](http://media.hanoitimes.vn/2021/05/14/logo_hntimes.png)
Germany fully supports the EU- Vietnam Free Trade Agreement (EVFTA) and believes the deal would take bilateral cooperation to a new height, according to German Ambassador to Vietnam Guido Hildner.
Prime Minister Nguyen Xuan Phuc and German Ambassador to Vietnam Guido Hildner. Source: VGP. |
Germany considers Vietnam a strategic partner and expects closer ties between the two countries, Hildner said at a meeting with Prime Minister Nguyen Xuan Phuc on October 31.
Hildner tipped that four German delegations this week had visited Vietnam to deepen cooperation in the fields of economy, science, and environment. He proposed the two countries focus in climate, environment, energy and vocational training.
According to Hildner, Germany supports peace, freedom and safe of navigation in the South China Sea based on international law.
Hildner expected more cooperation between the two countries in 2020 as both will hold the position of non-permanent members of the UN Security Council; Vietnam will take over the ASEAN chairmanship and Germany the rotating six-month presidency of the EU in the second half of 2020.
Vietnam’s PM Phuc suggested Vietnam and Germany soon set up a strategic action plan for the 2019 – 2021 period, while closely cooperating in organizing a series of events celebrating 45th anniversary of the establishment of diplomatic relations by 2020.
Phuc expected Germany to facilitate the approval of EVFTA and the EU – Vietnam Investment Protection Agreement (EVIPA) at the European Commission, ensuring the soon enactment of these agreements.
On this occasion, Phuc thanked the German government and the EU for voicing their strong support for settling territorial disputes in the South China Sea through peaceful measures and based on international law, particularly the 1982 UN Convention on Law of the Sea (UNCLOS).
Germany has been Vietnam’s top trading partner in the EU with bilateral trade turnover of US$10.8 billion in 2018.
However, German investment inflow to Vietnam remains modest at nearly US$2 billion to date, ranking fourth among EU countries, Phuc said.
Phuc requested the German Ambassador to support the implementation of major projects between the two countries and promote stronger investment from Germany to Vietnam.
Other News
- Vietnamese consumers spend US$32 million daily on online shopping
- Vietnam targets US$7,500 GDP per capita by 2030
- Gov’t mulls creation of oil and gas trading exchange
- Hanoi promotes women's role in safe agri-food trade
- Vietnam’s stock market set for strong year-end growth
- Hanoi ramps up food safety inspections, identifying and rectifying violations
- Vietnam under pressure to achieve high growth in 2024-2025
- Early warnings help Vietnam mitigate trade probe impacts
- Hanoi's key industries in high recruitment demand
- Continued political trust building between Vietnam and Cambodia
Trending
-
State Funeral held for Communist Party Chief Nguyen Phu Trong
-
Vietnam news in brief - July 26
-
Legal tools required to tackle air pollution issues in Hanoi
-
How fake news hooks us?
-
South Korean writer spends 10 years on book about CPV General Secretary
-
Rustic charm of Hanoi's street vendors: Timeless beauty
-
iHaNoi sees 52,000 registered accounts, 20,000 daily visits
-
Youth-Led Environmental Initiative in Hanoi
-
Unique lotus flower art on display in Hanoi