Two-way trade between Vietnam and Italy is expected to reach 3.3 billion USD in 2013, according to the Vietnamese Trade Counsellor in Italy.

Vietnam ’s export value to Italy is estimated at 2.2 billion UDS while importing 1.1 billion USD worth of goods from the country.

Export products to Italy include telephones, footwear, clothes, coffee, and seafood products while machines, equipments, animal food, textile materials, leather and pharmaceutical products are imported from Italy.

Up to date, Italia has 49 valid investment projects in Vietnam with a total registered capital of 257.2 million USD, ranking 29 th among 101 countries and territories investing in Vietnam.

The projects focus on major areas of processing, agro-forestry and fisheries, wholesale and retail sectors.

Italian-funded projects have been implementing in 13 localities nationwide, mainly in Ho Chi Minh City, Vinh Phuc and Binh Duong provinces.-VNA