The Embassy of Italy in Vietnam in cooperation with the Chamber of Commerce and Industry of Vietnam (VCCI) held the Vietnam-Italy Strategic Dialogue in HCM City on November 8.
Italian President Sergio Mattarella and Deputy Prime Minister Vu Van Ninh co-chaired the dialogue. Ministry and university representatives and businesses from the two countries attended the event.
At the forum, Italian President Sergio Mattarella stressed the important roles of businesses, associations and universities in materialising reforms and innovations, and strengthening cooperation between Italy and Vietnam.
President Sergio Mattarella expressed his wish that the two countries will enhance operational efficiency through the global economy integration, contributing to deepen the bilateral cooperation relationship.
The President noted that similarities in small and medium-sized enterprises’ structure and difficulties caused by globalisation could help connect the two economies.
Successful Italian businesses will act as spokesmen for Italy’s cooperative models and cooperation commitments in Vietnam, the Italian leader said.
Addressing the dialogue, Deputy PM Vu Van Ninh affirmed that the Vietnam - Italy cooperation relation has gained great and practical achievements in recent years. Although influenced by the economic crisis but the two countries's trade relation still has reached the remarkable growth. The countries’ two-way trade firstly hit 4 billion USD in 2014, up 17% from 2013.
Investments from the European country, however, remain modest. By the end of 2014, it ranked ninth in the EU bloc and 28th among foreign investors in Vietnam, the Deputy PM said.
Deputy PM Ninh suggested the two countries should actively design long-term investment strategies and prepare for changes that occur when bilateral, multilateral trade agreements, and especially the Vietnam-EU free trade agreement take effect.
Italian investments in Vietnam currently have been concentrated on fields of industrial processing and manufacturing, footwear, construction, sanitary equipment, water heaters, steel processing.
According to Deputy PM Ninh, Vietnamese Government encourages Italy's companies to do business in some sectors of Italian strengths which Vietnam keens on including infrastructure, transportation, energy, manufacturing, environment and industrial processing.
He pledged that the Vietnamese Government will ensure that the legitimate, legal rights and interests of foreign firms and investors in Vietnam are observed in line with Vietnamese law and international commitments.
Deputy PM Vu Van Ninh (R) and Italian President Sergio Mattarella (C) at the Vietnam-Italy Strategic Dialogue in HCM City.
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At the forum, Italian President Sergio Mattarella stressed the important roles of businesses, associations and universities in materialising reforms and innovations, and strengthening cooperation between Italy and Vietnam.
President Sergio Mattarella expressed his wish that the two countries will enhance operational efficiency through the global economy integration, contributing to deepen the bilateral cooperation relationship.
The President noted that similarities in small and medium-sized enterprises’ structure and difficulties caused by globalisation could help connect the two economies.
Successful Italian businesses will act as spokesmen for Italy’s cooperative models and cooperation commitments in Vietnam, the Italian leader said.
Addressing the dialogue, Deputy PM Vu Van Ninh affirmed that the Vietnam - Italy cooperation relation has gained great and practical achievements in recent years. Although influenced by the economic crisis but the two countries's trade relation still has reached the remarkable growth. The countries’ two-way trade firstly hit 4 billion USD in 2014, up 17% from 2013.
Investments from the European country, however, remain modest. By the end of 2014, it ranked ninth in the EU bloc and 28th among foreign investors in Vietnam, the Deputy PM said.
Deputy PM Ninh suggested the two countries should actively design long-term investment strategies and prepare for changes that occur when bilateral, multilateral trade agreements, and especially the Vietnam-EU free trade agreement take effect.
Italian investments in Vietnam currently have been concentrated on fields of industrial processing and manufacturing, footwear, construction, sanitary equipment, water heaters, steel processing.
According to Deputy PM Ninh, Vietnamese Government encourages Italy's companies to do business in some sectors of Italian strengths which Vietnam keens on including infrastructure, transportation, energy, manufacturing, environment and industrial processing.
He pledged that the Vietnamese Government will ensure that the legitimate, legal rights and interests of foreign firms and investors in Vietnam are observed in line with Vietnamese law and international commitments.
