Vietnam invites Prime Minister of Luxembourg for official visit next week
Saturday, April 29, 2023, 10:27 GMT+7
Prime Minister of the Grand Duchy of Luxembourg Xavier Bettel will pay an official visit to Vietnam from May 3 to 5 at the invitation of Vietnamese Prime Minister Pham Minh Chinh.
The Vietnamese Ministry of Foreign Affairs announced the visit on Friday, elaborating that Prime Minister Bettel is scheduled to hold talks with Prime Minister Chinh, attend business forums of the two countries, and witness the signing of several cooperation agreements during the three-day trip.
Bettel, who has expressed a fascination with Vietnamese culture and cuisine, will also visit the Ho Chi Minh Mausoleum, the Presidential Palace, Van Mieu – Quoc Tu Giam (Temple of Literature – Imperial Academy), and the Vietnam Fine Arts Museum.
The last time the two prime ministers met face-to-face was during Chinh’s December 2022 visit to Luxembourg, during which the Vietnam Trade Promotion Agency under the Ministry of Industry and Trade and the Luxembourg Chamber of Commerce signed four memoranda of understanding to enhance bilateral relations.
On this occasion, the Luxembourg Stock Exchange and the Vietnam Stock Exchange also signed a cooperation agreement to connect investment funds and help investors participate more in the Vietnamese stock market.
Prime Minister Bettel’s visit took place on the occasion of the 50th founding anniversary of the diplomatic relations between Vietnam and Luxembourg on November 15, 1973.
As of March 2023, Luxembourg has invested in 64 projects in Vietnam with a combined capital of US$2.6 billion, placing it in the third position among the 24 member states of the European Union and 17th among the 139 countries and territories that have made investments in the Southeast Asian nation.
Luxembourg’s projects focus on communications, construction, and real estate in Hanoi, Ho Chi Minh City, and southern Ba Ria-Vung Tau Province.
In 2022, the total bilateral trade exchange reached $187.1 million, an increase of 69 percent compared to 2020.
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