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The annual event was co-hosted by Vietnamese Deputy Minister of Industry and Trade Hoang Quoc Vuong and Italian Under-Secretary of State for Economic Development Michele Geraci.

At the event.

The two sides agreed that while Vietnam-Italy economic and trade ties have progressed well in recent years, they still fall short of their potential.

In the first 10 months of 2018, Italy – with 90 valid projects worth over 388 million USD – was ranked 31st among the 129 countries and territories investing in Vietnam. Italian investors injected their capital into 12 out of the 21 sectors that receive foreign funds in Vietnam.

The sides raised measures for improved cooperation in several spheres, including footwear, garment-textile, renewable energy-electricity, farming produce-food processing, science-technology, and tourism.

The meeting was rounded off with the signing of its minutes. Both sides agreed to hold the sixth meeting in Vietnam next year.

As part of the meeting, on the morning of the same day, the MoIT delegation and the Italian centre for agro-fishery product distribution (CAR) held an agricultural cooperation conference. 

It was an occasion for participating Vietnamese businesses to learn about Italian distribution systems for agro-fishery products, as well as the standards set for goods to be imported to Italy and the EU. They also gained experience from Italy’s development and management of wholesale markets.

The conference saw the CAR and Vietnam’s Proton company sign a memorandum of understanding on future cooperation.

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Hanoi city hosts Italian culture fair

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Food fest to fill up Hanoi with Italian flavours

A replica of an Italian square will be set up at the Thang Long Royal Citadel during the Italian Food Festival on November 10-11.

 

Hanoi Imperial Citadel to turn into Italian Square for annual fair

The Italian embassy in Hanoi is all set to organize events in the capital city that showcase the Italian lifestyle.

 

First Italian film week opens in Hanoi

The first Italian film week in Vietnam was launched in Hanoi on September 20 by the Italian Embassy in Vietnam. The event is part of activities to mark the 45th anniversary of the two countries’ diplomatic ties.

 

Source: VNA