Politics

PM visits European Investment Bank in Luxembourg

Prime Minister Pham Minh Chinh visited the European Investment Bank (EIB) on December 10 as part of his trip to Luxembourg.
PM visits European Investment Bank in Luxembourg ảnh 1Prime Minister Pham Minh Chinh visits the European Investment Bank in Luxembourg. (Photo: VNA)
Luxembourg (VNA) – Prime Minister PhamMinh Chinh visited the European Investment Bank (EIB) on December 10 as part ofhis trip to Luxembourg.

The EIB has maintained its cooperation with Vietnamsince 1997, and it is running seven projects in the Southeast Asian nation withtotal investment of 561 million EUR (591.37 million USD), according to EIB VicePresident Kris Peeters.

Peeters noted his hope that following the PM’s visit,the bilateral cooperation will be enhanced and more successful.

PM Chinh spoke highly of the close financialcooperation between the EIB and Vietnam over the past more than two decades.

However, he said, the collaboration has yet to match their potential, pledgingthat Vietnam will make greater efforts to boost the ties.

As Vietnam is implementing three strategic breakthroughson institutions, human resources and infrastructure, the country needs resources,especially financial resources, the leader said.
PM visits European Investment Bank in Luxembourg ảnh 2At the meeting (Photo: VNA)
Therefore, Vietnam wishes to foster cooperation with the EIB, in a more effectivefashion and with a larger scale, in such spheres as green development, climatechange response, digital economy and circular economy, he continued.

Chinh suggested the two sides re-sign the frameworkagreement on finance, which was signed in 1997, making it match the currentsituation, and review and remove limitations in cooperation to make the best usof EIB capital in Vietnam.

He also urged the bank to closely coordinate with theVietnamese Ministry of Finance and relevant sides to facilitate theconstruction of Metro Line No. 3 in Hanoi and Metro Line No. 2 in Ho Chi MinhCity.

The bank should continue to select suitable projects inVietnam in such areas as green development, digital economy, circular economyand climate change response, he said, calling on the bank to offer a more equaland balanced approach during project implementation in the country with consideration of Vietnam's status as a developing country with low starting point.

The PM pledged that Vietnam will make efforts to improve its proceduresand management so that cooperation agreements with the EIB are rolled out in a faster and more effective way.

Peeters promised that after the meeting, the EIB will review the cooperation process to remove obstacles and limitations so that the EIB and Vietnam would engage in more cooperation projects.

On this occasion, Chinh witnessed the signing of a memorandumof understanding between the EIB and the Electricity of Vietnam (EVN) onfinancial support in energy transition, towards the target of achieving netzero emissions by 2050 as set by the Vietnamese Government./.

         
VNA
#Prime Minister Pham Minh Chinh #European Investment Bank #Luxembourg #EIB Vice President Kris Peeters #Vietnam #VietnamPlus #Vietnam news
Follow VietnamPlus

Related News

Prime Minister visits Luxembourg Stock Exchange

Prime Minister visits Luxembourg Stock Exchange

Prime Minister Pham Minh Chinh on December 9 toured the Luxembourg Stock Exchange (LuxSE), the first in the world to have a platform dedicated to green securities and currently listing half of the world's green bonds.

See more

Deputy Minister of Foreign Affairs Le Thi Thu Hang has a working session with Vietnamese associations in Udon Thani province, northeastern Thailand, on July 16. (Photo: VNA)

Vietnamese community in Thailand urged to strengthen friendship bridge

Deputy Minister of Foreign Affairs Le Thi Thu Hang commended the unity and sense of responsibility shown by the Vietnamese community in Udon Thani and across Thailand, urging them to continue preserving the Vietnamese language and cultural identity while helping build a positive image of Vietnamese people and contributing to bilateral relations.

Deputy Prime Minister and Minister of National Defence Gen. Phan Van Giang (R) and Minister in charge of the General Secretariat of the Mauritanian Government Moctar Al Housseynou Lam. (Photo: baochinhphu.vn)

Vietnam seeks Mauritania’s role as bridge to African Union for deeper ties

Vietnam expects Mauritania to act as a bridge for substantive cooperation between Vietnam and the African Union (AU), said Deputy Prime Minister and Minister of National Defence Gen. Phan Van Giang during a reception in Hanoi on July 16 for Minister in charge of the General Secretariat of the Mauritanian Government Moctar Al Housseynou Lam.

Minister of Foreign Affairs Le Hoai Trung (R) and Minister in charge of the General Secretariat of the Mauritanian Government, Moctar Al Housseynou Lam. (Photo: VNA)

Vietnam treasures traditional friendship with Mauritania: FM

The two officials agreed to continue their long-standing coordination at multilateral forums, including the Francophonie, while reinforcing practical collaboration with regional organisations such as ASEAN and the AU, for the benefit of their people and for peace, stability and development in their respective regions and globally.

Deputy Minister of Foreign Affairs Le Thi Thu Hang (L) pays a courtesy call on Lao Deputy Prime Minister and Minister of Foreign Affairs Thongsavanh Phomvihane. (Photo: VNA)

Vietnam, Laos strengthen cooperation on overseas community affairs

The two sides signed a Memorandum of Understanding on cooperation in overseas Vietnamese and overseas Lao affairs for the 2026–2030 period, providing a framework for future collaboration. Laos will send a delegation to Vietnam to study preparations for the World Conference of Overseas Vietnamese, scheduled for December 2026.

Vietnamese Ambassador to Greece Pham Thi Thu Huong meets with representatives of the Patras Chamber of Commerce. (Photo courtesy of the Vietnamese Embassy in Greece)

Vietnam seeks stronger ties with Greece’s Patras

Mayor Kostas Peletidis said Patras is ready to work with the Vietnamese Embassy to promote the country as well as its culture and people through local cultural events and festivals, including the Patras Carnival, one of Greece’s largest annual festivals, the mayor remarked.

Nearly 1,000 students and lecturers from universities and colleges across Can Tho city attend the event at Can Tho University on July 15, 2026. (Photo: VNA)

Vietnam, Philippines strengthen people-to-people friendship

Shirley Nuevo, Acting Consul General of the Philippines in Ho Chi Minh City, said the past 50 years have demonstrated how the two countries and their peoples have grown together as friends, trusted partners and close neighbours within the ASEAN family.

Prime Minister Le Minh Hung addresses the working session with the Standing Board of the Tuyen Quang Party Committee in Vi Xuyen commune on July 15, 2026. (Photo: VNA)

PM urges Tuyen Quang to accelerate measures to achieve double-digit growth

The PM chaired a working session on July 15 with the Standing Board of the Tuyen Quang Party Committee on socio-economic development, the double-digit growth target, public investment disbursement, the operation of the two-tier local government model, implementation of Politburo Resolution No. 57, and measures to address local challenges.

Deputy Minister of Foreign Affairs Dang Hoang Giang (right), who is also head of the ASEAN Senior Officials' Meeting (SOM) delegation of Vietnam, and EU Ambassador to ASEAN Sujiro Seam at their meeting in Hanoi (Photo published by VNA)

Vietnam pledges continued contributions to ASEAN-EU ties: Deputy FM

Deputy FM Dang Hoang Giang, who is also head of the ASEAN Senior Officials' Meeting (SOM) delegation of Vietnam, spoke highly of the positive progress in the ASEAN-EU Strategic Partnership, noting that the EU has become one of ASEAN's most reliable partners and has provided substantial support for the ASEAN Community-building process.