14TH NATIONAL CONGRESS OF THE COMMUNIST PARTY OF VIETNAM
Log in
Business

Vietnam remains Austria reliable partner in Southeast Asia

Both sides agreed to step up cooperation in trade, investment, and healthcare.

Vietnam continues to be Austria’s reliable and important partner in Southeast Asia as both countries have huge room to further expand bilateral relations.

 Prime Minister Pham Minh Chinh at the phone talk. Photo: Nhat Bac

Austrian Prime Minister Sebastian Kurz stressed the view in a phone talk with his Vietnamese counterpart Pham Minh Chinh on September 16.

For his part, Vietnam prime minister Chinh congratulated Austria for having successfully hosted the fifth World Conference of Speakers of Parliament (WCSP5), while expressing his delight at the achievements gained by both countries which established diplomatic ties nearly half a century ago.

“Vietnam gives priority to its relations with Austria and looks to strengthening the partnership in all spheres,” Chinh added.

Ahead of the 50th anniversary of diplomatic relations (1972-2022), both government leaders agreed to resume high-level exchange activities in 2022 and pushed for greater efficiency in cooperation mechanisms, including the Vietnam-Austria Joint Committee on Economic and Trade Cooperation.

Chinh and Kurz highlighted the progress made in trade, economic, and investment cooperation amid the Covid-19 pandemic, in which Austria stayed among Vietnam’s top 10 export markets in Europe, and is committed to taking advantage of opportunities brought by the EU-Vietnam Free Trade Agreement (EVFTA).

Chinh called for the Austrian Government to continue allowing more seasonal farm produce from Vietnam to enter the market, including fruits, pepper, coffee, or cashew.

The Vietnamese prime minister urged Austria to soon approve the EU-Vietnam Investment Protection Agreement (EVIPA), and support the ongoing effort to lift European Commission’s yellow card on Vietnam’s fishery sector.

Kurz, in response, agreed to help Vietnam strengthen its relations with the EU and in the removal of the yellow card.

Chinh also suggested Austria include Vietnam in the priority supporting list, especially in fields of healthcare, environment, and poverty reduction.

As Vietnam is putting up efforts to contain the fourth Covid-19 outbreak, Chinh urged Austria to share its vaccine surplus and cooperate in the transfer of technology for vaccine production and medicine for Covid-19 treatment.

The two leaders agreed on the necessity to maintain freedom of navigation and security in the East Sea, along with taking peaceful means to resolve territorial disputes, including the 1982 UN Convention on the Law of the Sea (UNCLOS).

On this occasion, Chinh extended an invitation to Kurz to visit Vietnam in 2022 on the occasion of the 50th anniversary of diplomatic relations, which the latter accepted.

During the first eight months of 2021, the EU remained Vietnam's third largest export market with a turnover of US$26.1 billion, up 14.5% year-on-year. Vietnam, in return, imported goods and products worth $11 billion from the EU, or an increase of 17.1%.

Reactions:
Share:
Trending
Most Viewed
Related news
Hanoi poised to lead low-altitude space economy

Hanoi poised to lead low-altitude space economy

The low-altitude economy is not a distant vision but a reality already taking shape, bringing a rare opportunity for Hanoi to lead the next phase of urban technological transformation.

Vietnam, US to continue reciprocal tariff talks next week

Vietnam, US to continue reciprocal tariff talks next week

Vietnam has reaffirmed its willingness to facilitate greater access for US goods and companies as Hanoi and Washington prepare to hold the sixth round of negotiations on reciprocal tariffs.

Viettel Money added to national public service portal, expanding cashless government payments

Viettel Money added to national public service portal, expanding cashless government payments

Vietnam is expanding cashless public services as Viettel Money joins the National Public Service Portal, helping streamline administrative processing for both citizens and government agencies nationwide.

Vietnam’s online food delivery market jumps 19% in 2025 as duopoly tightens grip

Vietnam’s online food delivery market jumps 19% in 2025 as duopoly tightens grip

Rapid urbanization and app-based lifestyles are reshaping how Vietnamese consumers order meals, with food delivery platforms expanding quickly in 2025 amid rising competition, service innovation and growing reliance on digital channels for everyday dining across major cities.

Four competitive pillars shape HCMC-based international financial center vision

Four competitive pillars shape HCMC-based international financial center vision

Currently ranked 95th out of 120 cities in the Global Financial Centres Index, Ho Chi Minh City aims to reach the top 75 by 2035 and the top 50 by 2045.

FPT opens advanced chip testing plant, deepening Vietnam’s role in global semiconductor chains

FPT opens advanced chip testing plant, deepening Vietnam’s role in global semiconductor chains

FPT has announced the establishment of an advanced semiconductor testing and packaging plant in the northern province of Bac Ninh, expected to begin operations this year, marking a significant step toward completing Vietnam’s semiconductor value chain.

Japanese food companies step up focus on Vietnam market

Japanese food companies step up focus on Vietnam market

As Vietnam’s income levels rise, consumer demand has gradually shifted toward higher-quality and more diverse food products.

Vietnam targets national gold exchange launch in February to improve market transparency

Vietnam targets national gold exchange launch in February to improve market transparency

Vietnam is accelerating financial market reforms as the government pushes forward plans for a national gold exchange platform and experiments with digital asset trading, aiming to improve transparency, stabilize markets and strengthen macroeconomic management.