The first round-table workshop seeking an action plan on trade, investment and tourism coordination between Vietnam and Malta took place in La Valletta, capital of Malta on May 5, forming part of activities to celebrate the 40th anniversary of their diplomatic ties.

Lying strategically on a maritime route linking Asia, the Middle East, North Africa and Europe, Malta is regarded as a gateway for Vietnamese goods once Vietnam and the Europe Union (EU) sign a free trade agreement in the coming time, said Ambassador to Italy and Malta Nguyen Hoang Long.

He voiced hope that the Mediterranean nation will make it easier for Vietnam to open financial and banking establishments there on the back of its advantageous legal and taxation system.

Commercial Counsellor Bui Vuong Anh spoke highly of Malta’s extensive expertise in navigation, logistics, foreign trade, finance - banking, and tourism services.

Home to 420,000 inhabitants, Malta has become an EU member since 2004. It boasts reputable systems of tourism and education – training and uses English as an official language.-VNA