PM pledges to create optimal conditions for Belgian businesses
The Vietnamese Government supports and creates the best possible conditions for Belgian businesses and investors, including those from the Flanders region, Prime Minister Nguyen Xuan Phuc has affirmed.
PM Nguyen Xuan Phuc (R) meets with Minister-President of the Flanders region Geert Bourgeois in Hanoi on May 14 (Source: VNA)
Hanoi (VNA) – The Vietnamese Governmentsupports and creates the best possible conditions for Belgian businesses andinvestors, including those from the Flandersregion, Prime Minister Nguyen Xuan Phuc has affirmed.
He told visitingMinister-President of the Flanders region Geert Bourgeois in Hanoion May 14 that Vietnamese businesses want to cooperate with Belgian partners,and the Vietnamese Government encourages local people and enterprises toenhance business cooperation with firms from the EU, including Belgium,as the two sides hold substantial cooperation potential.
The number of 80Flanders businesses accompanying Minister-President Geert Bourgeois during his visitto Vietnamhas demonstrated their confidence in the country’s economic development, hesaid.
Vietnamattaches importance to economic and trade ties with the European Union (EU),and Belgium and the Flanders region in particular, the leader stressed.
He said that Vietnam highly values Belgium’srole in the EU as well as the country’s cooperation and support for Vietnam acrossfields, particularly in education, training, economy and trade.
Vietnam’ssigning of the free trade agreement with the EU aims to promote collaborationbetween the two sides, he said, expressing his belief that Belgium willencourage other EU member countries to soon approve the deal.
The PM told his guestthat Vietnam and Belgium areexpected to sign a strategic cooperation programme in the fields ofagriculture, fishery, husbandry and floriculture, among others.
For his part, Minister-PresidentGeert Bourgeois highlighted the long-standing relations between Vietnam andBelgium as well as the Flanders region, saying the working sessions between hisdelegation and Vietnamese ministries and agencies over the past days reapedfruitful outcomes.
The Minister-Presidentnoted his support for the approval of the EU-Vietnam Free Trade Agreement andheld that the pact would create a momentum for economic and trade links betweenVietnamand EU member countries.
The Flanders region exports 4.92 millionEUR (5.8 million USD) worth of goods to Vietnam but imports only 2 billionEUR from the market.
The reality shows that goods made in Belgiumand Vietnam,especially farm produce, are not competitive but supplementary, enabling thetwo countries to boost cooperation in trade and investment. -VNA
Vietnam- Belgium relations have flourished in many fields in recent years, notably economy. Among EU countries, Belgium is Vietnam’s biggest importer and 7th biggest exporter.
Belgian culture will be brought closer to Hanoians through the event “A Touch of Belgium” to be held by the Belgian Embassy at the Ly Thai To Statue Garden on May 12 to mark the 45th anniversary of diplomatic relations between the two countries.
Since the signing of the Vietnam-Cambodia trade and economic cooperation agreement, trade and investment ties have seen remarkable growth, substantially contributing to each country's socio-economic development and facilitating collaboration in various spheres, said Ambassador Nguyen Minh Vu.
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Peter Brabeck-Letmathe, Interim Chairman of the World Economic Forum (WEF), and Borge Brende, WEF President and CEO, commended Vietnam’s flexible and effective economic governance and its strong economic performance.
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PM Chinh requested ERIA to maintain close coordination with Vietnamese agencies and research institutes to promote policy research and consultations, and help the country increase productivity, quality, and competitiveness of the economy, especially in digital transformation, green transition, and circular economy, to contribute to achieving the rapid, sustainable development and double-digit economic growth goals it has set out for the coming decades.
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A working visit to Toulouse by Vietnamese Ambassador to France Dinh Toan Thang from June 23–25 has laid important groundwork for expanding multi-sector cooperation between Vietnam and the Occitanie region.
Prof. Dr. Georgy Toloraia, Executive Director of the National Committee for BRICS Research and Director of the Centre for Russian Strategy in Asia at the Institute of Economics of the Russian Academy of Sciences, expressed his confidence that Vietnam will become a substantial and influential partner of BRICS.
Prime Minister Pham Minh Chinh proposed enhancing economic and trade cooperation, including the development of railway connectivity between Vietnam and Kyrgyzstan, which will also strengthen links with Central Asian nations.
The new law abolishes the death penalty for eight criminal offenses: the crime aimed at overthrowing the people’s government; the crime of sabotaging state infrastructure and technical facilities; the crime of producing and trading counterfeit medicines for treatment and prevention; the crime of destroying peace and causing aggressive war; the crime of espionage; that of illegally transporting narcotics; embezzlement; and bribe taking.
Vietnam will continue to coordinate closely with and make positive contributions to the initiatives and collective work of the Group of 77 (G77) developing nations, said Ambassador Do Hung Viet, head of the Vietnamese Permanent Mission to the UN.