Italian companies hope to partner with VN in agriculture production

The Italian Government hopes to promote commercial activities in Vietnam especially in the field of manufacturing and processing agricultural products turning Vietnam into a strategic entrance for trading and investment of Italy in Southeast Asia said Italian Ambassador to Vietnam Antonio Alessandro
italian companies hope to partner with vn in agriculture production

Italian and Vietnamese companies exchange information at the B2B meeting during the event “Machinery Made in Italy”, held in Hanoi on October 1-2. -- VNS Photo Linh Anh

He made the statement during the event “Machinery Made in Italy”, held in Hanoi on October 1-2 by the Italian Chamber of Commerce (ICHAM) in Vietnam and the system of Italian Chambers of Commerce in 11 Asian countries.

ICHAM is holding the event with the aim of supporting Vietnam’s agricultural sector. At the event, a B2B meeting was organised to connect Italian companies operating the field of food machinery and importers and distributors of agricultural products from the Asian countries of India, the Republic of Korea, Singapore, Malaysia, Indonesia, Thailand and Vietnam.

ICHAM and the system of 11 Italian Chambers of Commerce in Asia hope this event would offer business opportunities for Italian food machinery companies and their customers in Asia.

The strategic partnership between Vietnam and Italy has witnessed remarkable development in many fields, especially in economic co-operation, said Alessandro.

Machinery has accounted for the biggest export value from Italy to Vietnam. Italy is one of the world’s leading countries in exporting technology, especially machinery production lines, because it has invested in thorough research on production technology to provide the best technological solutions for customers and minimising production costs.

Ambassador Alessandro told Vietnam News that the Italian Government attached great importance to Vietnam's market, adding that the Vietnam - EU Free Trade Agreement (EVFTA) would open many opportunities for businesses of the two countries, including opportunities for small and medium enterprises of Italy.

In the years to come, many Italian businesses would head to Vietnam to open investment facilities, provide equipment and technological lines for Vietnamese enterprises in many localities in the country, he said.

In 2018, the export of agricultural products of Vietnam hit a record of US$40.02 billion. This was also the year with the highest growth rate in the past seven years and this attracted many big foreign companies to invest in agriculture in Vietnam.

Source: VNS

Related News

A bitter nut

A bitter nut's surprisingly sweet export success

VCN - The latest statistics from the General Department of Vietnam Customs show that in the first 15 days of October (October 1-15), Vietnam's coffee exports reached 21,489 tons, with a turnover of US$125.8 million.
Storm No. 3 "knocks down" many small businesses

Storm No. 3 "knocks down" many small businesses

VCN - According to the General Statistics Office (Ministry of Planning and Investment), looking at the growth results in the third quarter of 2024, it can be seen that the damage in agriculture after Storm No. 3 (Storm Yagi) was the largest. Meanwhile, the number of Vietnamese enterprises operating mainly in the industrial, construction and service sectors, so the impact was not as severe as in the agricultural sector.
Fruits and seafoods of Vietnam have a huge advantage in the UK market

Fruits and seafoods of Vietnam have a huge advantage in the UK market

VCN - Thanks to UKVFTA (Vietnam - UK Free Trade Agreement), Vietnam's seafood become more competitive in the UK market compared to products from China, Thailand, Malaysia, Indonesia, Philippines, and India. Meanwhile, seafood benefits from less complicated import procedural requirements compared to many other countries.
Vietnam promotes fruit export to Italy

Vietnam promotes fruit export to Italy

Vietnam holds huge potential to bolster exports of its tropical fruits to Italy, heard a meeting between Vietnamese Ambassador to Italy Duong Hai Hung and President of Italy fruit association (Fruitimprese) Marco Salvi and its Director General Pietro Mauro.

Latest News

Ample opportunity for Vietnam - Peru trade to increase to meet potential

Ample opportunity for Vietnam - Peru trade to increase to meet potential

State President Luong Cuong's coming visit to Peru is set to catalyse cooperation in promising areas, as two-way trade continues its impressive trajectory, doubling to 600 million USD in 2022 from the 2014 level.
Vietnam aims to increase market share in Africa

Vietnam aims to increase market share in Africa

Although Vietnam’s rice exports have traditionally focused on Asian markets, experts have advised businesses to pay more attention to Africa which has emerged as a key potential market.
Beware of the "invasion" of unofficial e-commerce platforms

Beware of the "invasion" of unofficial e-commerce platforms

VCN - Appearing in Vietnam since the end of September, the online retail platform Temu has attracted buyers with its super discount and completely free shipping strategy. However, currently, the information about Temu's legal status and unverified information security methods lead to potential risks.
Seafood exports expected to break through in the last months of the year

Seafood exports expected to break through in the last months of the year

VCN - Vietnam's seafood exports in the third quarter of 2024 reached the highest turnover since the beginning of the year. Speaking to the press, Ms. Le Hang (photo), Communications Director of the Vietnam Association of Seafood Exporters and Producers (VASEP), shared the highlights of exports in the first 9 months of the year and assessed the trend in the last quarter of this year.

More News

Vietnam’s aquatic exports on track to top 10 billion USD

Vietnam’s aquatic exports on track to top 10 billion USD

Vietnam’s aquatic exports are expected to exceed the annual target of 10 billion USD on the back of strong demand from major markets, according to Deputy Minister of Agriculture and Rural Development Phung Duc Tien.
Vietnamese, Chinese firms ink deals to bolster trade

Vietnamese, Chinese firms ink deals to bolster trade

Vietnamese and Chinese firms signed seven memoranda of understanding covering trade-economy, logistics, energy, agriculture, and media during a recent dialogue in Chongqing city of China.
Chemical companies go green to compete effectively

Chemical companies go green to compete effectively

VCN - Chemical and fertilizer production are industries with high emissions and energy usage, making the Green standard particularly stringent for them.
To open the door for industrial processing and manufacturing products to demanding markets

To open the door for industrial processing and manufacturing products to demanding markets

VCN - Vietnam's processing and manufacturing industry has made strong progress in 2024, with positive growth and becoming the main driving force of the economy. However, to maintain growth momentum and expand market share in demanding markets, businesses need to address challenges in quality standards, raw material costs and strict compliance requirements from international partners.
Vietnam- the Philippines trade reaches nearly US$6.5 billion after 9 months

Vietnam- the Philippines trade reaches nearly US$6.5 billion after 9 months

VCN - In the first nine months of 2024, the total two-way trade turnover between Vietnam and the Philippines reached nearly US$6.5 billion, an increase of over 20% year-on-year.
Vietnam's pepper exports down in volume, but surge in value

Vietnam's pepper exports down in volume, but surge in value

Vietnam's pepper exports saw a 1.9% year-on-year decrease in volume but a significant 48% increase in value thanks to higher prices in the first 10 months of 2024, according to the Vietnam Pepper and Spice Association (VPSA).
Vietnam’s e-commerce sector grows 18%

Vietnam’s e-commerce sector grows 18%

Vietnam’s e-commerce market is estimated at 22 billion USD this year, ranking third in Southeast Asia behind Indonesia (65 billion USD) and Thailand (26 billion USD).
Vietnam draws new wave of high-value investments: Savills

Vietnam draws new wave of high-value investments: Savills

Vietnam’s industrial and digital sectors are experiencing a strong growth, fueled by a surge in foreign direct investment (FDI) inflows, large-scale infrastructure projects, and a favourable legal environment, according to Savills Vietnam.
Plastic exporters focus on recycling technology transformation

Plastic exporters focus on recycling technology transformation

VCN - Vietnam's plastic industry is facing significant challenges related to plastic waste and the demand for recycling. Huynh Thi My, Secretary General of the Vietnam Plastics Association, shared important insights on the transformation efforts by plastic businesses to meet the growing export demands.
Read More

Your care

Latest Most read
Ample opportunity for Vietnam - Peru trade to increase to meet potential

Ample opportunity for Vietnam - Peru trade to increase to meet potential

State President Luong Cuong's coming visit to Peru is set to catalyse cooperation in promising areas, as two-way trade continues its impressive trajectory, doubling to 600 million USD in 2022 from the 2014 level.
Vietnam aims to increase market share in Africa

Vietnam aims to increase market share in Africa

Although Vietnam’s rice exports have traditionally focused on Asian markets, experts have advised businesses to pay more attention to Africa which has emerged as a key potential market.
Beware of the "invasion" of unofficial e-commerce platforms

Beware of the "invasion" of unofficial e-commerce platforms

Appearing in Vietnam since the end of September, the online retail platform Temu has attracted buyers with its super discount and completely free shipping strategy.
Seafood exports expected to break through in the last months of the year

Seafood exports expected to break through in the last months of the year

Vietnam's seafood exports in the third quarter of 2024 reached the highest turnover since the beginning of the year.
Vietnam’s aquatic exports on track to top 10 billion USD

Vietnam’s aquatic exports on track to top 10 billion USD

Vietnam’s aquatic exports are expected to exceed the annual target of 10 billion USD on the back of strong demand from major markets, according to Deputy Minister of Agriculture and Rural Development Phung Duc Tien.
Mobile Version