JavaScript is off. Please enable to view full site.

Vietnamese premier urges stronger Asia-Europe connectivity

Vietnamese premier urges stronger Asia-Europe connectivity

Friday, October 19, 2018, 16:16 GMT+7
Vietnamese premier urges stronger Asia-Europe connectivity
Vietnamese Prime Minister Nguyen Xuan speaks at the 16th Asia-Europe Business Forum in Brussels, Belgium, on October 18, 2018. Photo: Vietnam News Agency

Vietnamese Prime Minister Nguyen Xuan has called for stronger connectivity and cooperation between Asia and Europe for sustainable development and prosperity during his speech at the 16th Asia- Europe Business Forum.

PM Phuc and Norwegian Premier Erna Solberg were the two main speakers at the gathering in Brussels, Belgium, on Wednesday, the Vietnam News Agency reported.

Themed “Connectivity-Building Bridges between Europe and Asia," the event attracted over 400 corporate executives and business representatives from the two continents. 

During the event, the Vietnamese head of government suggested strengthening connectivity between the governments and businesses, as well as boosting public-private partnerships in such fields as infrastructure, education, healthcare, energy, agriculture, manufacturing, and processing.

Cooperation between businesses should be fostered, he stated, adding that free trade agreements between Asian and European economies should be effectively implemented.

He called on enterprises to enhance their social responsibility for job creation, environmental protection, and response to global challenges for sustainable development and prosperity.

Vietnam is striving to build a transparent, constructive, action-oriented government in service of the people and businesses, and create a favorable business and investment environment, Phuc briefed the participants about Vietnam’s situation.

Europe is a big foreign investor in Vietnam with a total investment of nearly US$25 billion and the largest supplier of non-refundable aid of the Southeast Asian country. 

Two-way trade rose five-fold during 2006-2017 to more than $50 billion last year, the premier elaborated.

A survey conducted by the European Chamber of Commerce (EuroCham) in Vietnam in March showed that 90 percent of European firms want to increase investment in the nation. 

Together with the implementation of the Framework Agreement on Comprehensive Partnership and Cooperation, the early signing and ratification of the EU-Vietnam Free Trade Agreement (EVFTA) will create a new driving force for trade and investment between both sides, he said.

Like us on Facebook or follow us on Twitter to get the latest news about Vietnam!

Duy Khang / Tuoi Tre News


Read more




‘Taste of Australia’ gala dinner held in Ho Chi Minh City after 2-year hiatus

Taste of Australia Gala Reception has returned to the Park Hyatt Hotel in Ho Chi Minh City's District 1 after a two-year hiatus due to the COVID-19 pandemic

Vietnamese woman gives unconditional love to hundreds of adopted children

Despite her own immense hardship, she has taken in and cared for hundreds of orphans over the past three decades.

Vietnam’s Mekong Delta celebrates spring with ‘hat boi’ performances

The art form is so popular that it attracts people from all ages in the Mekong Delta

Vietnamese youngster travels back in time with clay miniatures

Each work is a scene caught by Dung and kept in his memories through his journeys across Vietnam

Latest news