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Strengthen economic and trade cooperation between Vietnam


On March 28, in Hanoi, Minister of Industry and Trade - Nguyen Hong Dien received Mr. Marco della Seta - Ambassador of the Italian Republic to Vietnam and Ms. Regina Corradini D' Airenzo - General Director of SIMEST, the agency promoting foreign investments of Italian companies and providing technical and financial support for investment projects.

At the meeting, Minister Nguyen Hong Dien highly appreciated the activities of the Italian Embassy in Hanoi, which have actively contributed to promoting economic, trade, industry and energy relations between Vietnam and Vietnam. and Italy, especially the implementation of the EVFTA Agreement with specific action programs, creating an important turning point and new momentum in economic and trade cooperation between Vietnam - EU in general and Vietnam - Italy in particular.

Mr. Marco della Seta affirmed that Italy always values ​​and wishes to further strengthen the cooperative relationship between the two countries, especially in the fields of economics, trade, industry and energy. In particular, Italy considers Vietnam to be an important partner of Italy in the ASEAN region and highly appreciates the important role of the Ministry of Industry and Trade in the Joint Committee on Special Economic Cooperation as a bridge between businesses. two countries' industries.

At the meeting, Ms. Regina Corradini D' Arienzo, General Director of SIMEST, presented SIMEST's mission and goals to support Italian companies in accessing new foreign markets and operating through loans. aims to support business internationalization, support export credit and equity investments in companies. SIMEST also reported to the Minister of Industry and Trade on the plan to open a Representative Office in Vietnam.

Also at the meeting, Minister of Industry and Trade - Nguyen Hong Dien and Ambassador Marco della Seta shared the opinion that bilateral relations between Vietnam and Italy in the fields of economics, trade and investment have improved. has developed well in recent times, but there is still a lot of potential and the two sides need to promote it further, especially after the Vietnam - EU Free Trade Agreement was signed and took effect, with trade turnover increasing. Two-way trade between the two countries has had very positive growth. Italy is Vietnam's third largest trading partner in the EU and Vietnam is Italy's largest partner in ASEAN.

Minister Nguyen Hong Dien called on Italian businesses to invest in Vietnam's textile, garment, and footwear supporting industries - areas where Italy has strengths in technology and experience to take advantage of the incentives brought by EVFTA. again.

On this occasion, Minister Nguyen Hong Dien also introduced information about the series of events Vietnam International Sourcing 2024 organized by the Ministry of Industry and Trade from June 6 to 8 in Ho Chi Minh City and invited businesses and associations. Italian businesses attended. Ambassador Macro della Seta assessed that this is a very practical initiative and meets the needs of Vietnamese businesses as well as Italian businesses. The Italian Embassy and SIMEST will actively disseminate information and mobilize Italian businesses to participate./.



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