Program enhances business linkages with European partners

09:06 | 09/03/2019 Cooperation

The “Meeting with Partners from Europe 2019” program was held in Hanoi on March 4 as part of the Ministry of Industry and Trade’s efforts to promote trade and investment between Vietnamese businesses and European partners.

At the “Meeting with Partners from Europe 2019” program - Photo:

The event drew more than 100 representatives from Vietnamese ministries, sectors and localities, ambassadors and trade counsellors from the delegation of the European Commission to Vietnam and Russia, the UK, Sweden, Denmark, Ireland, Spain and Italy. More than 100 Vietnamese and European businesses were also represented at the program.

In his remarks, Deputy Minister of Industry and Trade Hoang Quoc Vuong noted the thriving economic, trade and investment ties between Vietnam and the 40 European nations the country has has trade relations with.

Last year, two-way trade reached 62.11 billion USD, with Vietnam’s exports worth 44.93 billion USD, or 20 percent of the country’s total shipments.

In addition, European investors registered nearly 50 billion USD in 3,300 projects in Vietnam, he added.

Vuong expressed his hope that the program will help enhance connectivity, and open opportunities for both sides to develop trade ties.

In the framework of the program, a special zone was arranged to exhibit Vietnam’s standout products like coffee, leather shoes and household goods.

Theo VNA