Italian firms seek investment opportunities in Vietnam
Illustrative photo (Source: VNA)
Vietnam is emerging as a promising trade and investment destination for the business community in Italy’s Sicily region, as heard at a forum aimed at connecting Vietnam and Sicily held on July 14-16.
Speaking at the event, Alessandro Albanese, head of the General Confederation of Italian Industry (Confindustria), said in the coming time, the Confindustria in Sicily will promote its role in linking firms in the region with the Vietnamese market via creating the foundation for specific trade agreements.
Vietnamese Ambassador to Italy Nguyen Thi Bich Hue highlighted perse cooperation fields and a myriad of trade and investment opportunities for the two sides, particularly after tariffs will be gradually eliminated following the ratification of the EU-Vietnam Free Trade Agreement (EVFTA).
Vietnam is also a gateway to the ASEAN market, she added.
Participating enterprises paid attention to Vietnam’s development and investment priorities, farm produce trade prospects, smart city, environment, new energies, and links between local businesses and Vietnamese students studying in Italy, among other matters.
President of Sicily Nello Musumeci said he supports the EU-Vietnam Investment Protection Agreement (EVIPA) as it is a drive to boost investment between Vietnam and Italy.
He pledged to call for accelerating the ratification of the pact.
Vietnam – Italy trade in the first five months of 2021 reached 2.29 billion USD, up 29.3 percent year-on-year./.
Related News
Continue to handle cross-ownership in banks
10:35 | 02/11/2024 Finance
"One law amending four laws" on investment to decentralize and ease business challenges
16:44 | 01/11/2024 Regulations
Vietnam's daily import expenditure surpasses VND25,000 billion
09:30 | 31/10/2024 Import-Export
Removing difficulties in public investment disbursement
09:30 | 31/10/2024 Finance
Latest News
Many factors affecting tuna exports in the last months of the year
19:38 | 02/11/2024 Import-Export
Vietnam still dominates Philippine rice import
19:36 | 02/11/2024 Import-Export
Vietnam cements ties with partners to engage in global semiconductor, AI industries
19:35 | 02/11/2024 Import-Export
Aquatic exports expected to rise in year-end despite challenges
19:33 | 02/11/2024 Import-Export
More News
Trade Defense: The Key to Success for Vietnamese Businesses
10:39 | 02/11/2024 Import-Export
Lao Cai Customs sees a triple-digit surge in export-import turnover
10:37 | 02/11/2024 Import-Export
Coconut is expected to become a billion-dollar export item
16:40 | 01/11/2024 Import-Export
Plastic exporters interested in converting to recycling technology
16:36 | 01/11/2024 Import-Export
Logistics sector must embrace innovative trends to stay competitive
16:34 | 01/11/2024 Import-Export
Vietnam’s agro-forestry-aquatic product exports likely to set new record
16:32 | 01/11/2024 Import-Export
UKVFTA greatly benefits Vietnam-UK trade: Experts
14:19 | 31/10/2024 Import-Export
Agricultural exports likely to exceed 60 billion USD amid challenges
14:18 | 31/10/2024 Import-Export
Vietnam-Philippines trade likely to exceed 8 billion USD for first time
14:17 | 31/10/2024 Import-Export
Your care
Many factors affecting tuna exports in the last months of the year
19:38 | 02/11/2024 Import-Export
Vietnam still dominates Philippine rice import
19:36 | 02/11/2024 Import-Export
Vietnam cements ties with partners to engage in global semiconductor, AI industries
19:35 | 02/11/2024 Import-Export
Aquatic exports expected to rise in year-end despite challenges
19:33 | 02/11/2024 Import-Export
Trade Defense: The Key to Success for Vietnamese Businesses
10:39 | 02/11/2024 Import-Export