VN, Italy build new development orientation

Deputy Prime Minister cum Foreign Minister Phạm Bình Minh welcomes Italian Minister of Foreign Affairs and International Cooperation Enzo Moavero Milanesi in Hà Nội yesterday. —VNA/VNS Photo Lâm Khánh

HÀ NỘI — Việt Nam and Italy have agreed on a co-operation plan to fall in line with the strategic partnership between the two countries.

During talks held between Vietnamese Deputy Prime Minister cum Foreign Minister Phạm Bình Minh and visiting Italian Minister of Foreign Affairs and International Cooperation Enzo Moavero Milanesi in Hà Nội yesterday, the two sides said the co-operation development orientation would focus on areas such as vocational training, environment, water management, healthcare and support for small- and medium-sized businesses.

The two sides agreed to continue increasing exchanges of high-ranking delegations and effectively implement strategic dialogue mechanisms.

They said the two countries planned to sign an action plan to carry out the Việt Nam-Italy strategic partnership during the 2019-20 period.  

Deputy PM Minh said he welcomed Italian businesses investing in Việt Nam, particularly in the fields that Việt Nam had high demand such as garment and textiles, footwear, construction materials, energy, food production and oil exploration and exploitation.

The Italian side said that economic co-operation continued to be a priority and committed to promote Italy’s trade and investment in Việt Nam – a top important partner of Italy in ASEAN.

The two sides highlighted the importance of the EU-Việt Nam Free Trade Agreement (EVFTA) which would serve as motivation to enhance bilateral commerce and investment co-operation and pointed to the need for the EU to sign the agreement for mutual benefits of businesses of the two countries.

Meeting with top legislator

National Assembly Chairwoman Nguyễn Thị Kim Ngân highlighted the development of the Việt Nam-Italy strategic partnership while receiving Italian Minister Milanesi earlier the same day.

Welcoming her guest’s official visit, Ngân noted the strategic partnership has been developing in all aspects, including politics-diplomacy, trade-investment, culture-education, science-technology, and security-defence.

She said the potential for bilateral cooperation remains huge, especially in trade-investment, noting that Italy has strengths in industrial production, particularly mechanical engineering, high technology, infrastructure-transport development, and energy, which are also the fields in which Việt Nam is looking for co-operation.

This June, Việt Nam and Italy will co-organise the third high-level dialogue on Italy-ASEAN economic relations in Hà Nội, gathering many big businesses from both sides. This will be a chance to enhance economic and trade ties between Italy and ASEAN countries, including Việt Nam – the biggest trade partner of the European nation in ASEAN, she said.

Sharing the view on the fruitful relations in many areas, Minister Milanesi said as a founding member of the European Union, Italy has supported Việt Nam during negotiations on the EVFTA. It hopes the deal will be signed and ratified soon so as to promote trade and investment links between the EU, including Italy, and Việt Nam.

Italy can strengthen co-operation with Việt Nam in its strong fields of industrial production, mechanics and precise automation, Milanesi said. 

He added most companies in Italy are small and medium-sized firms, which is an advantage since they are highly dynamic and active. His country is ready to share its knowledge about the management of small and medium enterprises with Việt Nam. 

Chairwoman Ngân appreciated Italy’s official development assistance for Việt Nam, saying that its co-operation projects have been helping with her country’s sustainable development efforts. 

She also asked both sides to continue expanding co-operation to the fields they have strengths in and demand for.

On this occasion, the host also asked Minister Milanesi to deliver the invitation to visit Việt Nam to the presidents of the Chamber of Deputies and the Senate of Italy. — VNS