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Jun 04, 2019 / 11:33

Leading Italian businesses to join economic dialogue in Hanoi

This year’s conference will be co-chaired by Vietnamese Prime Minister Nguyen Xuan Phuc and Italian Prime Minister Giuseppe Conte.

Leading businesses from the Italian economy as well as important companies from Southeast Asia will participate in the third High Level Dialogue on ASEAN Italy Economic Relations, which is scheduled to take place in Hanoi on June 6.
 
A screen shot of the event's portal
A screen shot of the event's portal
The dialogue attracts the attendance of over 300 enterprises from Italy and the ASEAN region. Vietnam is expected to witness the participation of more than 150 enterprises from different sectors, according to with the Italian Chamber of Commerce in Vietnam (ICHAM).

The event is held by the Hanoi People's Committee in coordination with the Italian Chamber of Commerce in Vietnam (ICHAM), Italian Embassy in Vietnam, European House Ambrosetti and Italy - ASEAN Association.

This year’s conference will be co-chaired by Vietnamese Prime Minister Nguyen Xuan Phuc and Italian Prime Minister Giuseppe Conte, who will visit Vietnam on June 5-6. Chairman of the Hanoi People’s Committee Nguyen Duc Chung will also be present.

Topics of discussion range from Macroeconomic outlook of ASEAN; Smart infrastructure, logistics, and connectivity; Digitalization, cybersecurity and technologies for sustainability and resilience to Advanced manufacturing, automation 4.0 and capital goods; Creativity, design and business innovation; and Finance, PPP and trade agreements.

According to ICHAM’s President Michele D'Ercole, the attendance of Italian Prime Minister Giuseppe Conte in this year’s conference will enhance the significance of the event. It is the third edition of the summit after the first in Jakarta in 2017 and the second in Singapore in 2018.
Former Italian Prime Minister Enrico Letta, who is also Chairman of the Italian – ASEAN Association, said that ASEAN is the fifth largest economy in the world and one of the crucial economic and geopolitical region to the Italian government in general and the Italian business community in particular.

Italy has always attached great importance to Italian - Vietnamese bilateral strategic cooperation and Italian - ASEAN multilateral relations, in which Vietnam acts as a strategic gateway of Italian enterprises in Southeast Asia. Accordingly, there are a multitude of projects to promote trade as well as to increase the investment flow of Italy into Vietnam in the coming time, playing the role as stepping stones for Italian enterprises in enhancing their presence in the potential ASEAN market, Letta added. 
CEO of The European House Ambrosetti, Valerio De Molli, said that the “High level dialogue Italy – ASEAN” is one of seven international summits between Italy and the regions: ASEAN, South Africa, China, Iran, France and Europe.

“Through the results of previous years, we found that the summit is an important prerequisite for investors to approach the representatives from the host country, work with the lawmakers to understand legal framework structure and investment capital operation. They look for potential partners as well as strategic information aiming to make plans for large-scale investments and trade promotion projects,” added Valerio De Molli.