Viet Nam, Italy boost economic co-operation

Speaking at the event, Industry and Trade Deputy Minister Ho Thi Kim Thoa said a number of Italian giants, such as the Italian national oil and gas group (ENI), Piaggio, Ariston, Bonfiglioli and Perfetti, consider Viet Nam as a key destination for their plans for expanding market in the Asia-Pacific region.— Photo tinhte

Rome (Biz Hub)— A forum to promote economic co-operation between Viet Nam and Italy was held in Milan early this week.

Participants reviewed the development of bilateral co-operation in recent years, especially after the two countries established their strategic partnership.

They discussed the acceleration of setting up a joint commission on economic co-operation coordinated by Viet Nam's MoIT and Italy's Ministry of Economic Development.

She expressed her belief that the joint commission will create favourable conditions for the two sides to consult, exchange and complete the legal framework and investment and co-operation incentives.

During the forum, Italian businesses were provided with updated information on the investment environment in Viet Nam, and prospects for long-term economic co-operation between the two countries' enterprises.

After the forum, the participants had a round-table discussion on topics related to the co-operation potential in the fields of energy and retail, distribution, development and investment promotion plans in the industrial sector and experience of Italian investors operating in Viet Nam.

The forum, organised by the Ministry of Industry and Trade (MoIT) and the Vietnamese Embassy to Italy in conjunction with the Italian Institute of Foreign Trade, the association of industrial employers in Lombardy region (Assolombarda), and the Milan Investment and Trade Promotion Organisation, is an activity to launch "Viet Nam Days in Milan."

It takes place in October in order to celebrate the 40th anniversary of Viet Nam-Italy bilateral relations. — VNS