Vietnam, Italy share corporate management experience

A delegation from the Finance Ministry led by Deputy Minister Tran Van Hieu visited Italy from July 21-25 to exchange experience on corporate supervision and management policies and mechanisms, especially the equitisation of State-owned enterprises.
A delegation from the Finance Ministry led by Deputy Minister Tran Van Hieu visited Italy from July 21-25 to exchange experience on corporate supervision and management policies and mechanisms, especially the equitisation of State-owned enterprises.

At a working session with the Italian Ministry of Economics and Finance (MEF), Hieu said his country has recorded many significant achievements in its renewal since 1986 and is now accelerating its global economic integration.

Vietnam always keeps a close watch on the economic development of Italy and the fluctuations of the euro as they have certain impacts on the Southeast Asian nation, he added.

Lorenzo Codogno, head of the MEF Economic and Financial Analysis and Planning Directorate, informed the guests about the country’s current economic situation as well as the equitisation of its State-owned enterprises.

He said Italy conducted the process in the 1990s, the largest of its kind in the world at that time, affirming that the country is willing to share its experience, successes and lessons with Vietnam in this field.

Hieu expressed his wish that in the coming time, the two sides will further cooperation to realise their strategic partnership agreed by their leaders in January this year.

He said he hopes that MEF will introduce Italian businesses to Vietnam’s investment environment, tax and land incentives and labour training as well as help Vietnamese firms to deeper penetrate into the Italian and European markets.-VNA

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