The Vietnamese Government is making concerted efforts to improve business climate for both domestic and foreign enterprises, including those from the Europe, Prime Minister Nguyen Xuan Phuc said on October 17.

 
PM Nguyen Xuan Phuc witnesses the signing of several cooperation documents between Vietnamese and European enterprises (Photo: VGP)

|  

Attending the Vietnam- EU-Belgium Business Forum jointly held by the Vietnam Chamber of Commerce and Industry (VCCI), Belgian Vietnamese Alliance, embassies and trade offices of Vietnam and Belgium, PM Phuc said that the Government pledges favourable conditions to connect enterprises from both sides for the benefits of the firms and the people.

Two-way trade has increased tenfolds in nearly a decade, he noted, adding that it is likely to rise to US$53 billion this year.

Laying stress on the Europe-Vietnam free trade agreement (EVFTA) which is expected to open the door for the enterprises to capitalise on their cooperation potential when it takes effect, PM Phuc hoped that the European business association, especially Belgian firms, will raise their voice to push the signing of the deal.

Vietnam will serve as a bridge for European enterprises to break into ASEAN market toward a free and fair trade, he said, underlining Vietnam’s advantages for Belgian investments like stable socio-political and macro-economic conditions, and well-developed port systems.

Together with the imminent signing of the EVFTA, Vietnam has participated in 15 new-generation free trade agreements, which means that if Belgian firms enter Vietnam, they will get into a global market, he underlined.

At the forum, PM Phuc and officials of both nations witnessed the signing of several cooperation documents between the VCCI and Belgian Vietnamese Alliance, Vietnam Post and Telecommunication Group and European mobile network business centre, and Vietnam Project company and Sarens Group.

Speaking at the event, Chairman of the Belgium – Vietnam Friendship Alliance Andries Gryffoy said Belgian firms are interested in seeking opportunities in health care, real estate, green energy, food, beverages, seaport infrastructure and other fields in Vietnam, adding that they are promising investors.

He said Belgium boasts a business-friendly government, dynamic research environment, and education system up to international standards and high labour productivity.

Lying in the heart of the EU with a population of 420 million and modern infrastructure, Belgium focuses on industries such as aerospace, chemicals, energy, waste and wastewater treatment, artificial intelligence and 4.0 technology, which are potential fields for partnership with Vietnamese firms, he said.

The same day, PM Phuc had working sessions with representatives from EU and Belgian leading firms operating in Vietnam, during which they informed the Vietnamese leader on outcomes and investment and business plans in the Southeast Asian nation in such fields as oil and gas, renewable energy, agriculture, fertiliser and insecticide production, seaport infrastructure, rubber, and tire production. They also made recommendations on how to accelerate cooperation between the business communities of Vietnam and the EU, as well as between those of Vietnam and Belgium in particular.

Earlier, on October 16, Prime Minister Nguyen Xuan Phuc received leaders of Solveigh and Nijhuis – the Dutch businesses with experience in anti-erosion, water exploitation and use and carrying out a climate change adaptation project in central Vietnam.

The PM hailed Solveigh and Nijhuis as well as other Dutch partners in conducting surveys, research and working solutions to minimise coastal erosion in Vietnam. He described their work as a specific action to implement cooperation programmes within the framework of the strategic partnership on adaptation to climate change and water management between Vietnam and the Netherlands.

Menno Holterman, Managing Director of Nijhuis, said the project’s partners inspected erosion in Hoi An and agreed to carry out another project to address challenges in the area. It aims to improve safety and livelihood for locals, and protect and restore Hoi An coast, while forming new eco-system tourist sites there. Investment for this will be arranged by European and Dutch organisations and businesses and Vietnam’s T&T group.

Representatives of the two Dutch groups expressed their wish to continue receiving attention and facilitation from the Prime Minister and relevant agencies of Vietnam during the project’s implementation.

Welcoming proposals of Dutch organisations and businesses, PM Phuc said the Vietnamese Government hopes for experience sharing and support on human resources and technology from the Dutch partners to solve urgent issues in Vietnam, especially coastal and riverbank erosion and subsidence, climate change response, and help local people’s sustainable socio-economic development.

The PM suggested Dutch and Vietnamese partners coordinate with the People’s Committee of Quang Nam province to accelerate the study and survey to have an optimal plan.

The two Dutch groups, T&T group and other partners were asked to work with Vietnam’s Ministry of Agriculture and Rural Development and Quang Nam authorities to reach an implementation plan.

 

                                               Source: NDO

Related Topics


Hoa Binh holds 17th provincial Women’s Congress

(HBO) – The Women’s Union of Hoa Binh province held the 17th provincial Women’s Congress, for the 2021 - 2026 tenure, on November 19 under the theme "Solidarity - Creativity - Aspiration - Development”. The event took place via videoconference, connecting the hall of the provincial Party Committee with nine districts.

Hoa Binh resolved to complete tasks in 2021

(HBO) – There are huge tasks left for the remaining months of this year, requiring the high sense of responsibility of the entire political system, especially heads of agencies, said Ngo Van Tuan, member of the Party Central Committee and Secretary of Hoa Binh province’s Party Committee.

Dong Tam commune’s Party Committee following Uncle Ho’s example

(HBO) – Over the past years, the implementation of the Politburo’s Directive No.05 on promoting studying and following Ho Chi Minh (Uncle Ho)'s thoughts, morality and lifestyle has been identified as an important task to build a pure and strong Party Committee by the Party Committee of Dong Tam commune (Lac Thuy). The implementation of the directive has spread and created changes in the awareness and actions of each official, Party member and local resident.

Van Mai commune works to bring local Party Congress's resolution into life

(HBO) – The Party organisation of Van Mai commune in Hoa Binh's Mai Chau district has 10 Party cells in six villages, two schools, the health care station and the communal public security force with 227 members in total. In the previous tenure, the Party organisation, administration and local residents of the commune managed to complete all tasks and targets set in the resolution of the communal Party Congress.

Lac Son’s policewomen follow President Ho Chi Minh’s example

(HBO) – Members of the Women’s Union at Lac Son district’s public security force have strived to fulfill all tasks and actively engage in emulation movements, particularly the one responding to the Politburo’s Directive 5 on promoting studying and following President Ho Chi Minh’s ideology, morality and style.

Provincial officials attends great national solidarity festival in Mo hamlet

(HBO) – Residents in Mo hamlet of Chieng Chau commune, Mai Chau district, held a great national solidarity festival on November 8. The event was attended by Bui Duc Hinh, Standing Vice Secretary of the Hoa Binh provincial Party Committee and Chairman of the provincial People’s Council; Bui Tien Luc, head of the provincial Party Committee’s Mass Mobilisation Board and President of the provincial Vietnam Fatherland Front (VFF) Committee; along with officials of the Hoa Binh Confederation of Labour, the departments of public security, home affairs, and industry & trade, and Mai Chau district.