The partners expect and highly appreciate Vietnam’s capabilities

Prime Minister Nguyen Tan Dung has wrapped up his trip to attend the official signing ceremony of the Free Trade Agreement between Vietnam and the Eurasian Economic Union in Kazakhstan, paid the official visit to countries including Algeria, Portugal and Bulgaria.
This activity is important significance, reflecting the diverse aspects of our foreign policy at present, expressing advocated multilateralism and diversification of international relations, just as following positive and proactive international integration, in which international economic integration and has been strongly implemented firstly by the State of Vietnam.
The markets in coalition countries have just been opened and highly complementary to our economy, creating opportunities for exporting many our goods of upper hands such as: Agricultural products, fisheries, textiles, footwear, furniture, electronic goods, and conducting investment activities in the light industry, processing industry to the Member States of Eurasian Economic Union. Besides, we have the conditions to attract investment and technology needed for industrialization and modernization of the country, especially in the energy sector, oil and gas, machine building...
The relations among economy, trade, investment and development are also convenient platform for us to strengthen ties with the member countries of Eurasia Economic Union, including comprehensive strategic partnership with Russia and the friendship and traditional cooperation with countries such as Armenian, Belarus, Kazakhstan and Kyrgyzstan.
The countries all emphasized that the visit of Prime Minister Nguyen Tan Dung was at the right time when bilateral cooperation needed to nudge, strong political platform to speed up and move to the higher development stage, meeting all requirements by all parties. During the talks, conferences, meetings between Prime Minister Nguyen Tan Dung to the Presidents, Prime Ministers, Chairmen of the State Congress, all leaders agreed that extensive exchange occasions on this direction have a strong consensus in assessment cooperation but many others are still modest, especially relations among economy, trade and investment are not commensurate with the potential and strengths of the parties. The parties should make efforts to put economic cooperation become the pillar of bilateral cooperation, actively seeking new forms of cooperation on how to exploit the potential and strengths of each country, especially in these priority and similar areas which have complementary.

For FTA signed with Eurasian Economic Union, we need to accelerate preparations, rapidly build strategies, collaborative plans to enlist the opportunity brought by the FTA to expand markets, enhancing the competitiveness of enterprises and economies. Besides, the FTA is an opportunity, but also a challenge, requiring a determined and the close collaboration of the Government, ministries, branches, localities, enterprises and industry associations... to create a collective force to turn challenges into opportunities.
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All comments [ 10 ]

Quân Hoàng 12/6/15 08:52

many European firms said they continue believing in the investment environment in Vietnam, at the same time they were very interested in the Vietnam-EU free trade agreement and expected the Agreement would be early adopted.

Hoàng Lân 12/6/15 08:52

Such FTA will create many opportunities for cooperation, investment, commercial activities from Europe to Vietnam and along with that, the export value of Vietnam to the EU will highly increase.

Hùng Quân 12/6/15 08:54

EuroCham represents 800 member companies and links to the five largest associations representing Europe enterprises in Vietnam.

Quốc Cường 12/6/15 08:54

U appreciated comprehensive cooperation partnership with Vietnam.

Huy Lâm 12/6/15 08:55

Vietnam is not a country whose economy is growing at full potential investment market, but also an important and truthful partner of Europe in the region and the world.

Phạm Hiếu 12/6/15 08:56

Special features in bilateral trade between Vietnam – EU are high supplement, less competition.

Quốc Kiên 12/6/15 09:08

The EU and Vietnam have strong trade ties. Vietnam is the EU's fifth largest trading partner within ASEAN (and 30th out of the EU's total trade).

Lê Tín 12/6/15 09:08

Vietnam is the third ASEAN country to hold FTA negotiations with the EU after Singapore and Malaysia, followed by Thailand.

Huy Quốc 12/6/15 09:09

U exports are mainly high tech products including electrical machinery and equipment, aircraft, vehicles, pharmaceutical products and iron and steel.

Vân Nhàn 12/6/15 09:11

Vietnam's key exports to the EU include telephone sets, electronic products, footwear, textiles and clothing, coffee, rice, fishery products, and furniture.

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