President Tran Dai Quang attended the Vietnam-Italy Business Forum in Rome on November 23 during his State-level visit to the European country.
Addressing the forum, the State leader affirmed that Vietnam encourages Italian firms to invest in mechanical engineering, garment-textiles, leather footwear and timber and food processing, as well as cooperation between the two countries’ small-and medium-sized enterprises (SMEs).
President Quang also called for Italian investment in transport and technology-information infrastructure under the form of public-private partnership (PPP) model.
He affirmed that the Vietnamese State and Government commit to creating an open, favourable and equal investment climate so as to meet requirements of international integration, for the sake of businesses of Vietnam and Italy.
“Vietnam warmly welcomes Italian enterprises and pins high hope on their success in the country,” the leader stated.
The President also highlighted the fruitful relationship between Vietnam and Italy, particularly since the two countries signed a joint statement on the strategic partnership in January 2013.
Italy is one of Vietnam’s major European trade partners with total bilateral trade rising from 3.4 billion USD in 2013 to 4.3 billion UD in 2015. Meanwhile, Vietnam is Italy’s largest trade partner in the ASEAN.
Italy now is house of 77 investment projects in Vietnam with many brand names now popular in Vietnam such as Piaggio motorbike and Ariston water heater.
President Quang highlighted that Vietnam wishes to elevate the bilateral strategic partnership to a new level that matches the two countries’ potential, strength and demands, becoming a model of the Asia-Europe and ASEAN-EU cooperation.
On the occasion, he informed Italian firms on achievements Vietnam has recorded during the past 30 years of reform.
Vietnam has transformed from an underdeveloped country to a developing one with middle-income status, stablised macro economy and tamed inflation, the leader said.
Vietnam is set to fulfill its commitments to the ASEAN Community and the World Trade Organisation, and join new-generation free trade agreements, including a deal with the EU, while continuing with international integration, President Quang said.
The President stated that the target of 6 billion USD in two-way trade between the two countries in 2017-2018 is within reach since the Vietnam-EU free trade agreement is going to be sealed.
Vietnam hopes that Italy will open its market for Vietnamese farm produce and seafood, he said.
Quang also expressed his wish that Italy, as one of the world’s powers in tourism, will share its experience with Vietnam in promoting tourism and preserving historical sites and cultural heritage.
He urged Italian firms to share experience with their Vietnamese counterparts and help them connect with the global market.
At the forum, President Quang also told the thriving affiliation in culture, education-training and science-technology between Vietnam and Italy.
President Tran Dai Quang attends the Vietnam-Italy Business Forum.
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President Quang also called for Italian investment in transport and technology-information infrastructure under the form of public-private partnership (PPP) model.
He affirmed that the Vietnamese State and Government commit to creating an open, favourable and equal investment climate so as to meet requirements of international integration, for the sake of businesses of Vietnam and Italy.
“Vietnam warmly welcomes Italian enterprises and pins high hope on their success in the country,” the leader stated.
The President also highlighted the fruitful relationship between Vietnam and Italy, particularly since the two countries signed a joint statement on the strategic partnership in January 2013.
Italy is one of Vietnam’s major European trade partners with total bilateral trade rising from 3.4 billion USD in 2013 to 4.3 billion UD in 2015. Meanwhile, Vietnam is Italy’s largest trade partner in the ASEAN.
Italy now is house of 77 investment projects in Vietnam with many brand names now popular in Vietnam such as Piaggio motorbike and Ariston water heater.
President Quang highlighted that Vietnam wishes to elevate the bilateral strategic partnership to a new level that matches the two countries’ potential, strength and demands, becoming a model of the Asia-Europe and ASEAN-EU cooperation.
On the occasion, he informed Italian firms on achievements Vietnam has recorded during the past 30 years of reform.
Vietnam has transformed from an underdeveloped country to a developing one with middle-income status, stablised macro economy and tamed inflation, the leader said.
Vietnam is set to fulfill its commitments to the ASEAN Community and the World Trade Organisation, and join new-generation free trade agreements, including a deal with the EU, while continuing with international integration, President Quang said.
The President stated that the target of 6 billion USD in two-way trade between the two countries in 2017-2018 is within reach since the Vietnam-EU free trade agreement is going to be sealed.
Vietnam hopes that Italy will open its market for Vietnamese farm produce and seafood, he said.
Quang also expressed his wish that Italy, as one of the world’s powers in tourism, will share its experience with Vietnam in promoting tourism and preserving historical sites and cultural heritage.
He urged Italian firms to share experience with their Vietnamese counterparts and help them connect with the global market.
At the forum, President Quang also told the thriving affiliation in culture, education-training and science-technology between Vietnam and Italy.
