Vietnamese Embassy to Italy works to boost locality-to-locality cooperation
Vietnamese Ambassador to Italy Duong Hai Hung and Vice President of the Basilicata Confederation of Industry (Confindustria) Antonio Braia on March 28 co-chaired a meeting with businesses from Italy’s regions of Puglia and Basilicata to outline a roadmap for the establishment of relations among Vietnamese and Italian localities.
Vietnamese Ambassador to Italy Duong Hai Hung speaks at the meeting with businesses from Italy’s regions of Puglia and Basilicata. (Photo: VNA)
Rome (VNA) – Vietnamese Ambassador to Italy Duong Hai Hung and Vice President of the Basilicata Confederation of Industry (Confindustria) Antonio Braia on March 28 co-chaired a meeting with businesses from Italy’s regions of Puglia and Basilicata to outline a roadmap for the establishment of relations among Vietnamese and Italian localities.
At the event, the Vietnamese ambassador introduced Vietnam’s strategy to attract investors to representatives of more than 20 businesses from the two regions.
He affirmed that Vietnam always listens to partners and investors' opinions, towards building an environment of peace, stability, cooperation, and development.
He said Vietnam hopes foreign investors, including those from Italy, to boost cooperation, share experience, provide policy consultations, especially those in priority areas such as green transition, and digitalisation, and give financial and technical support and human resources training.
For his part, Braia said that the participation of Italian businesses and investors at the meeting showed the interest of Italian businesses in Vietnam.
He valued the role of the Vietnamese Embassy in Italy in connecting businesses of the two countries and asked for support to organise business delegations from the two regions to visit Vietnam this November.
At the meeting, participants showed their interest in promoting cooperation with Vietnam in the fields of agriculture, food distribution, especially wine, olive oil, pasta, cereals and dried fruits, machine and automobile manufacturing, as well as cooperation in education and cultural exchange.
They wanted to learn about import policies and distribution channels in Vietnam, while wishing to know which products and technologies that Vietnam can export to Italy, opening up two-way cooperation opportunities.
The Vietnamese Embassy in Italy has paid many visits t🐈o localities in the country to promote cooperation in areas including trade, investment, culture, and education. It plans to arrange similar visits and me🌟etings with businesses in regions across Italy in the coming time./.
The Vietnamese and Italian economies are complementary, with great potential for cooperation, with agriculture being a key area, said head of the Communist Party of Vietnam (CPV) Central Committee’s Commission for External Relations Le Hoai Trung.
A roundtable meeting took place in Potenza city, the capital of Italy’s Basilicata region, on March 13 to introduce Vietnam to local businesses and explore economic cooperation potential.
Vietnamese Ambassador to Italy Duong Hai Hung visited Basilicata region in southern Italy from March 12-14 to explore potential areas of collaboration between Vietnamese localities and Basilicata.
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This is the second year the magazine has released the ranking, which is based on total revenue and key financial indicators of enterprises from seven countries in the region: Vietnam, Indonesia, Thailand, Malaysia, Singapore, the Philippines, and Cambodia.
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According to NordCham Vietnam Chairman Thue Quist Thomasen, the Vietnamese Government’s commitment to achieving net-zero emissions by 2050 is both a challenge and an opportunity for businesses to contribute to green and sustainable growth.
The analysis from an investment perspective shows that the economy’s growth has been heavily capital‑driven, yet efficiency remains low as reflected by Vietnam’s Incremental Capital-Output Ratio (ICOR) being significantly higher than global and regional averages. This underscores the imperative to enhance capital‑use efficiency.
Deputy PM Tran Hong Ha urged countries to work together to remove supply chain bottlenecks, expand market access, strengthen cooperation in smart customs procedures, mutually recognise technical standards, and eliminate unnecessary protectionist barriers to boost trade and investment.
The event has gathered over 400 exhibitors from 16 countries and territories, with more than 980 booths showcasing a wide range of products and technologies in automotive components, electronics, repair and maintenance, bodywork, accessories, and customisation.
The latest order follows Vietjet’s commitment for 20 additional A330neo aircraft last month, bringing the airline’s total widebody aircraft on order to 40.
Vietnamese Ambassador to Italy Duong Hai Hung speaks at the meeting with businesses from Italy’s regions of Puglia and Basilicata. (Photo: VNA) 
