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The partners expect and highly appreciate Vietnam’s capabilities
The partners expect and highly appreciate Vietnam’s capabilities
9/6/15
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 ]
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.
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.
EuroCham represents 800 member companies and links to the five largest associations representing Europe enterprises in Vietnam.
U appreciated comprehensive cooperation partnership with Vietnam.
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.
Special features in bilateral trade between Vietnam – EU are high supplement, less competition.
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).
Vietnam is the third ASEAN country to hold FTA negotiations with the EU after Singapore and Malaysia, followed by Thailand.
U exports are mainly high tech products including electrical machinery and equipment, aircraft, vehicles, pharmaceutical products and iron and steel.
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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