At the workshop (Source: VNA)

Rome (VNA) – Vietnam’s investment potential was highlighted at a workshop jointly organised in Rome by the Vietnamese Embassy in Italy and the Italian Progress Time Magazine.

Vietnamese Ambassador to Italy Cao Chinh Thien and Trade Counsellor Bui Vuong Anh briefed participants about political and socio-economic situation as well as investment incentives in Vietnam.

Thien underlined opportunities for Italian firms to invest in and export to Vietnam, particularly in infrastructure development, mechanics, agriculture, agricultural processing, chemicals, construction materials, tourism, technology transfer in environmental protection, and wastewater and solid wastes treatment.

The Governments of Vietnam and Italy have identified economic cooperation as a key pillar in the bilateral strategic partnership, afactor to drive forward and realise the fruitful political relations between the two nations, Thien said.

Vietnam will continuously create favourable legal conditions for Italian investors to do business in the country, Thien affirmed.

The European Union (EU) and Vietnam have finalised negotiations and will soon sign the EU-Vietnam Free Trade Agreement (FTA), Thien said, adding that the FTA will be a tool to promote trade relations between Vietnam and EU members, including Italy.

The Ambassador pledged to continue serving as a bridge connecting and supporting Italian firms in investment in Vietnam and partnering with Vietnamese enterprises.

During the event, representatives from Italian firms also shared their experience in investing in Vietnam, underlining the country’s potential and its role as a gate for Italian firms to enter ASEAN and Asian markets.

Several videos featuring Vietnam’s tourism potential, culture and people were screened during the event.