Vietnam rolls out red carpet for Italian investors: Prime Minister
The Vietnamese Government will create favourable conditions for Italian enterprises to invest in the Southeast Asian country, helping increase the trade value between the two nations, Prime Minister Nguyen Xuan Phuc has said.
Prime Minister Nguyen Xuan Phuc (R) and Italian Ambassador to Vietnam Antonio Alessandro (Photo: VNA)
Hanoi (VNA) – The Vietnamese Government will create favourableconditions for Italian enterprises to invest in the Southeast Asian country,helping increase the trade value between the two nations, Prime Minister NguyenXuan Phuc has said.
Hosting a reception for Italian Ambassador to Vietnam Antonio Alessandro inHanoi on April 1, PM Phuc said that the two countries have enjoyed soundrelations over the past 46 years, particularly after they established astrategic partnership in 2013.
He expressed his hope that the Italian diplomat will do his utmost to makepractical contributions to boosting bilateral cooperation, especially in thefields of economy and trade.
The two-way trade value of 5 billion USD in 2018 is still modest in comparisonto the collaborative potential between the two countries, PM Phuc said, recommendingthat both sides increase business delegation exchanges in order to resolve bottlenecksthat hinder their cooperation.
PM Phuc highlighted the importance of the European Union-Vietnam Free TradeAgreement (EVFTA) to cooperation between Vietnam and the EU, including Italy, andhoped to receive Italy’s support so that the deal can be ratified soon.
Hailing Alessandro’s suggestion to open a Vietnam-Italy non-stop flight, PMPhuc endorsed the idea which, he said, will help enhance exchange andcooperation between the two nations.
The Italian Ambassador said that the two countries could increase collaborationin the tourism sector, with Italy granting 10,000 visas for Vietnamese touristsin 2018, while some 65,000 Italians visited the Southeast Asian country in thesame year.
Alessandro stressed that he would make efforts to accelerate the opening of theVietnam-Italy direct flight during his tenure, revealing that the ItalianEmbassy is in discussions with several airlines on the plan.
Furthermore, Alessandro suggested promoting educational collaboration, withmany deals already having been signed between universities of the two nations.
The Italian Government has plans to provide development assistance for Vietnamin the fields of the environment, training, and energy, he added.
In addition, he expressed his wish to strengthen statistics cooperation withVietnam, saying that the Italian National Institute of Statistics could helpVietnam with informal economic statistics. –VNA
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.
Prime Minister Nguyen Xuan Phuc has highlighted the fruitful development of the Vietnam-Italy strategic partnership across all fields, adding that the two sides boast many opportunities and potential to enhance the bilateral relations in the time ahead.
A workshop held recently in Perugia, Italy, discussed opportunities for business investments between Vietnamese and Italian firms once the EU-Vietnam Free Trade Agreement (EVFTA) come into effect.
Vietnam proposed several priorities: narrowing the digital divide, strengthening women’s leadership in the digital economy and AI governance, and mobilising sustainable financing for gender equality initiatives in line with each country’s national priorities and context. Vietnam also advocated for genuine women’s participation and leadership across all areas of public life.
Ha expressed his hope that cooperation in science and technology, agriculture, and natural resources would emerge as new focal points and engines of growth in Vietnam–China relations.
Giang said he believes that building on the solid foundation nurtured over the past half-century and the strong determination of both nations, the Comprehensive Strategic Partnership will continue to grow in a more robust, comprehensive, and extensive manner, thus bringing more practical benefits to the two nations' people.
Highlighting the transformative potential of the draft law in revitalising Vietnam’s railway industry, Hoang Van Cuong, a deputy of Hanoi, expressed his support for Article 39, which empowers the Prime Minister to issue a list of railway-related goods and services to be assigned or ordered from domestic enterprises for production.
According to the Ministry of Public Security, Hoan, formerly Deputy Minister of Labour, Invalids and Social Affairs, is under investigation for allegedly taking bribes in connection with a case involving the Hoang Long Construction and Manpower Supply JSC and related units.
Chairing a national conference on the organisation of the examination on June 18, the PM highlighted the historical significance of the examination, as the restructuring of provincial-level administrative units is underway and the two-tier local administration model is set to officially begin operations on July 1.
Right on the same day, the ministry issued its highest-level travel warning, urging Vietnamese citizens not to travel to Israel or Iran, and advised those already in these countries to swiftly consider evacuation or relocation plans.
From the struggles against colonialists and imperialists to the period of Doi moi (renewal) and international integration, the Vietnamese revolutionary press has always played a pioneering role on the ideological and cultural front, he said.
The Party leader's working session with the standing boards of the Party Committees of HCM City, Ba Ria – Vung Tau and Binh Duong, the VNA General Director's remarks on the occasion of the 19th OANA General Assembly, the launch of new NIC - Google initiatives aimed at bolstering AI entrepreneurship and digital literacy in Vietnam are among news highlights June 18.
Vietnam and Indonesia reaffirmed their commitment to strengthening cooperation in combating terrorism as it remains a threat to peace, security, and stability across their respective nations, the broader region, and the international community.
The Vietnamese representative also emphasised the shared responsibility of relevant parties to build trust, enhance cooperation, and jointly manage the risks of conflict, thus safeguarding long-term peace and stability in the East Sea.
The National Assembly on June 18 passed the law amending and supplementing a number of articles of the Law on Product and Goods Quality, with 408 out of 420 participating deputies voting in favour, accounting for 85.36% of the total.
The Party leader asked the new HCM City to embrace a multi-centre and integrated urban ecosystem where each development pole functions as a link complementary to and intelligently connected with each other in a harmonious whole.
The resolutions issued by the PM as well as ministries and ministry-level agencies reassign responsibility for 346 administrative procedures - 18 from district to provincial levels, 278 to commune level, and 50 eliminated.
Legislators are due to pass several amended laws, including the Law amending and supplementing several articles of the Law on Economical and Efficient Use of Energy, and the Law amending and supplementing several articles of the Law on Product and Goods Quality.
Vietnamese localities' readiness to implement the two-tier local administration model, the evacuation of 18 Vietnamese citizens from Iran, Petrovietnam's 11th ranking in the 2025 Fortune Southeast Asia 500 are among news highlights on June 17 evening.
The General Secretary underlined the resolve to achieve a growth rate of at least 8% in 2025, laying the groundwork for double-digit growth in the following period. He noted that these are mandatory targets, with no alternative path to success.
Restructuring and improving the quality of officials, civil servants, and public employees is no longer a choice, but an urgent requirement to transition from administrative management to governance in service of the people.
Prime Minister Nguyen Xuan Phuc (R) and Italian Ambassador to Vietnam Antonio Alessandro
