Vietnam, Italy seek effective economic cooperation
Thursday, December 6,2018AsemconnectVietnam - The fifth meeting of a joint committee on economic cooperation between the Vietnamese Ministry of Industry and Trade (MoIT) and the Italian Ministry of Economic Development took place in Rome on December 4.
The annual event was co-hosted by Vietnamese Deputy Minister of Industry and Trade Hoang Quoc Vuong and Italian Under-Secretary of State for Economic Development Michele Geraci.
The two sides agreed that while Vietnam-Italy economic and trade ties have progressed well in recent years, they still fall short of their potential.
In the first 10 months of 2018, Italy – with 90 valid projects worth over US$388 million – was ranked 31st among the 129 countries and territories investing in Vietnam. Italian investors injected their capital into 12 out of the 21 sectors that receive foreign funds in Vietnam.
The sides raised measures for improved cooperation in several spheres, including footwear, garment-textile, renewable energy-electricity, farming produce-food processing, science-technology, and tourism.
The meeting was rounded off with the signing of its minutes. Both sides agreed to hold the sixth meeting in Vietnam next year.
As part the meeting, on the morning of the same day, the MoIT delegation and the Italian centre for agro-fishery product distribution (CAR) held an agricultural cooperation conference. It was an occasion for participating Vietnamese businesses to learn about Italian distribution systems for agro-fishery products, as well as the standards set for goods to be imported to Italy and the EU. They also gained experience from Italy’s development and management of wholesale markets.
The conference saw the CAR and Vietnam’s Proton company sign a memorandum of understanding on future cooperation.
The two sides agreed that while Vietnam-Italy economic and trade ties have progressed well in recent years, they still fall short of their potential.
In the first 10 months of 2018, Italy – with 90 valid projects worth over US$388 million – was ranked 31st among the 129 countries and territories investing in Vietnam. Italian investors injected their capital into 12 out of the 21 sectors that receive foreign funds in Vietnam.
The sides raised measures for improved cooperation in several spheres, including footwear, garment-textile, renewable energy-electricity, farming produce-food processing, science-technology, and tourism.
The meeting was rounded off with the signing of its minutes. Both sides agreed to hold the sixth meeting in Vietnam next year.
As part the meeting, on the morning of the same day, the MoIT delegation and the Italian centre for agro-fishery product distribution (CAR) held an agricultural cooperation conference. It was an occasion for participating Vietnamese businesses to learn about Italian distribution systems for agro-fishery products, as well as the standards set for goods to be imported to Italy and the EU. They also gained experience from Italy’s development and management of wholesale markets.
The conference saw the CAR and Vietnam’s Proton company sign a memorandum of understanding on future cooperation.
Source: vov.vn
First Vietnam-ASEAN furniture, home accessories fair scheduled for August
Vietnam asks businesses to keep close watch on US investigation into boltless steel shelving imports
FTA to offer big opportunities for Vietnamese exports to Israel: Insiders
Vietnamese high-quality products promoted at Thaifex Anuga 2023
Remittances to HCM City likely to hits 7 billion USD in 2023
Vietnam, Slovenia seek to deepen trade, investment partnership
PM thanks Japanese enterprises for accompanying Vietnam
Vietnam, Israel cooperate to early enforce trade deal
Vietnam, UAE eye stronger economic, trade and energy cooperation
Economic, trade, investment cooperation – a pillar of Vietnam-RoK relations
Vietnam, WTO agree to promote multilateral trading
Prime Minister sets out on trip to attend expanded G7 Summit
Vietnam eyes stronger economic cooperation with China’s Guangdong province
Vietnam, Japan foster cooperation in aerospace supporting industry
Plan on implementing national strategy on climate change ...
Actively and effectively adapting, reducing vulnerability, loss and damage due to climate change; reduce greenhouse gas emissions ...Scheme on attracting, restructuring and improving quality ...
Urban development plan of Binh Phuoc province in a period ...
Plan on implementing Decision No. 327/QD-TTG dated March ...
Hung Kings Temple Festival 2023 kicks off
The Hung Kings Temple Festival 2023 and the Culture and Tourism Week of Ancestral Land 2023 kicked off in the northern province of Phu Tho ...Vietnam trounce Palestine at AFC U-17 Women's Asian ...
Phu Tho: Festival honours UNESCO intangible cultural ...
Saigontourist Group Food and Culture Festival 2023 opens
Vietnam’s top swimmer Huy Hoang to hold Vietnamese flag at ...