14TH NATIONAL CONGRESS OF THE COMMUNIST PARTY OF VIETNAM
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Vietnam, Italy cooperate to develop the Capital's transport infrastructure

On September 26 evening, Chairman of Hanoi People`s Committee Nguyen Duc Chung received Mr. Graziano Delrio, Italian Minister of Infrastructure and Transport.

At the meeting, Chairman of Hanoi People's Committee Nguyen Duc Chung introduced the situation of socio-economic development as well as a number of key projects in traffic development from now to 2020 of the Capital.
 
Chairman of Hanoi People's Committee Nguyen Duc Chung received Mr. Graziano Delrio, Italian Minister of Infrastructure and Transport
Chairman of Hanoi People's Committee Nguyen Duc Chung received Mr. Graziano Delrio, Italian Minister of Infrastructure and Transport
Chairman Chung said Hanoi is striving to accelerate the implementation of transport projects such as the Nhon-Hanoi Station elevated railway line, the railway connecting Yen Vien and Hanoi train stations. Construction will be started soon on the Nam Thang Long – Tran Hung Dao railway. The city is completing investment procedures to build six bridges across the Red (Hong) River, he added. He said Hanoi hopes to receive technical and financial support from foreign businesses, including those from Italy, to build and upgrade infrastructure.

The Chairman proposed Italy host more investment promotion workshops to help Hanoi forge links with Italian hi-tech firms to develop transport in the city. Dealing with transport issues in an effective manner is a priority, he stressed. To fulfill socio-economic development goals in 2016-2021, Hanoi is concentrating on infrastructure investment, developing high-quality human resources, administrative reform, and improving the investment climate.

He rejoiced at the progress seen in bilateral relations since they were lifted to a strategic partnership in January 2013, especially after the Vietnam visits by Italian PM Matteo Renzi in June 2014 and President Sergio Mattarella in November 2015. Italy remains a big trade partner of Vietnam in the EU with bilateral trade growing over the years to 4.3 billion USD in 2015.

The Chairman believes that their economic, trade and investment ties will be strengthened as Italy’s Chamber of Deputies ratified the Vietnam-EU Framework Agreement on Comprehensive Partnership and Cooperation, and Vietnam and the EU are working towards signing and implementing a bilateral free trade agreement.

He noted that both ministries should increase information exchanges while creating favourable conditions for businesses to engage in transport infrastructure projects through public-private partnership and seek cooperation opportunities in seaport management and operation, seaport infrastructure and services development, and logistics services.

At a working session with Chairman Chung, Minister Graziano Delrio made the remark that the Italian Ministry of Infrastructure and Transport will engage in infrastructure construction and development in Hanoi, specifically aviation, railway and sea route projects. 

He said his ministry will serve as a bridge for Italian businesses to invest in Vietnam and Hanoi particularly, noting that Italy has an effective transport network, especially in the northern city of Milan, and provides technical support for other European countries. Italy is willing to work with Hanoi to build and improve its transport system, he confirmed.

Minister Delrio informed his host about the outcomes of the working session between the two transport ministries. With its experience in infrastructure and transport building and management, Italy is ready to cooperate with Vietnam in building seaports and airports which the ASEAN country is prioritising.

The Italian Government is proud to be a major EU partner of Vietnam and always considers the country as an important partner to foster multi-faceted relations with, he noted. Minister Delrio said his country’s Government is also interested in maintaining navigation and aviation freedom and ensuring trade and global economic development. Italy wants to accelerate joint programmes and projects with Vietnam, especially in aviation and railway.
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