Prime Minister Nguyen Xuan Phuc speaks at the event (Photo: VNA) Bucharest (VNA) – Prime Minister Nguyen Xuan Phuccalled for a breakthrough in Vietnam – Romania economic, trade and investment tiesin his address to the Vietnam – Romania business forum in the capital city ofBucharest on April 15.
Speaking before hundreds of business delegates andinvestors, the PM hailed the Vietnam Chamber of Commerce and Industry, theRomania Chamber of Commerce and Industry and the Vietnamese Embassy in Romaniafor holding the event.
The PM informed participants about the outcomes of his talkswith his Romanian counterpart, which he said will open up economic, trade andinvestment cooperation opportunities for the two nations.
He said despite annual growth, the two-way trade, whichstood at 218 million USD last year, remains modest compared to their potential.
While the two governments have continuously worked to improvebusiness climate, firms themselves must strive to expand their scale and adoptnew ways of doing business, he said.
According to him, Vietnam’s membership in 12 free tradeagreements and the European Union – Vietnam Free Trade Agreement (EVFTA) in thenear future will open up opportunities for both sides to boost ties. He alsotook the occasion to urge the two countries’ chambers of commerce and industryto step up ties between firms.
Highlighting Vietnam’s advantages in foreign directinvestment attraction, he particularly underlined the socio-politicalstability, improved competitiveness and innovation, a 100 million populationand the goal of attracting 50 million tourists.
The Government leader wished that Romanian enterprises wouldpush for the signing and ratification of the EVFTA. He suggested the two sides enhancescience-technology collaboration, launch direct flights, and facilitate theimport of quality farm produce and pharmaceuticals.
Romanian business representatives wished that the twogovernments would further facilitate cooperation opportunities, especially inlabour export, industry, culture and education. They expressed willingness topartner with Vietnamese firms, particularly small and medium-sized ones.
They backed the signing of the EVFTA, saying that it willmake it easier for EU and Romanian to do business in Vietnam.-VNA
Speaking before hundreds of business delegates andinvestors, the PM hailed the Vietnam Chamber of Commerce and Industry, theRomania Chamber of Commerce and Industry and the Vietnamese Embassy in Romaniafor holding the event.
The PM informed participants about the outcomes of his talkswith his Romanian counterpart, which he said will open up economic, trade andinvestment cooperation opportunities for the two nations.
He said despite annual growth, the two-way trade, whichstood at 218 million USD last year, remains modest compared to their potential.
While the two governments have continuously worked to improvebusiness climate, firms themselves must strive to expand their scale and adoptnew ways of doing business, he said.
According to him, Vietnam’s membership in 12 free tradeagreements and the European Union – Vietnam Free Trade Agreement (EVFTA) in thenear future will open up opportunities for both sides to boost ties. He alsotook the occasion to urge the two countries’ chambers of commerce and industryto step up ties between firms.
Highlighting Vietnam’s advantages in foreign directinvestment attraction, he particularly underlined the socio-politicalstability, improved competitiveness and innovation, a 100 million populationand the goal of attracting 50 million tourists.
The Government leader wished that Romanian enterprises wouldpush for the signing and ratification of the EVFTA. He suggested the two sides enhancescience-technology collaboration, launch direct flights, and facilitate theimport of quality farm produce and pharmaceuticals.
Romanian business representatives wished that the twogovernments would further facilitate cooperation opportunities, especially inlabour export, industry, culture and education. They expressed willingness topartner with Vietnamese firms, particularly small and medium-sized ones.
They backed the signing of the EVFTA, saying that it willmake it easier for EU and Romanian to do business in Vietnam.-VNA
VNA
