Italian economists spoke highly of the economic development potential ofVietnam during a workshop in Rome on January 14.
They continued by saying Vietnam is a dynamic Asian country with ayoung population, skilled workforce, and average gross domestic product(GDP) growth of 5-6 percent per year.
Theestablishment of a bilateral strategic partnership in 2013 has createdsignificant opportunities for both countries to promote their tradeties, according to Vietnamese Ambassador Nguyen Hoang Long.
Vietnam has also developed investment attraction policies andsuccessfully integrated into the global economy, both of which areexpected to draw more Italian investors, he added.
In November 2014, the largest-ever delegation of Italian businesses,consisting of over 100 groups, came to explore investment opportunitiesin the country.
By opening a representative tradeoffice in Milan city, the economic and financial hub of the northernadministrative Emilia-Romagna Region, Vietnam hopes to have moreItalian business partners.
Enterprises from theLazio region, a major centre of diplomatic and commercial activities arewilling to partner with Vietnam in industrial machinemanufacturing, garments and textiles, and footwear.
Deputy Minister of Economic Development Carlo Calenda said Italy couldpromote economic cooperation with Vietnam in technology and machinemanufacturing, among other fields.
However, henoted that current bilateral cooperation efforts have been limited dueto the lack of business information. Therefore, a number of workshopsintroducing ways to enhance economic cooperation between Vietnam andItaly have been organised to address this, he added.
As of December 2014, Italy had conducted 57 investment projects inVietnam with a total registered capital of over 300 million USD,ranking 29 th out of the 101 countries and territories investing in theSoutheast Asian nation.
Last year, trade between the two nations hit 3.5 billion USD and is expected to reach 5.9 billion USD in 2016.-VNA
They continued by saying Vietnam is a dynamic Asian country with ayoung population, skilled workforce, and average gross domestic product(GDP) growth of 5-6 percent per year.
Theestablishment of a bilateral strategic partnership in 2013 has createdsignificant opportunities for both countries to promote their tradeties, according to Vietnamese Ambassador Nguyen Hoang Long.
Vietnam has also developed investment attraction policies andsuccessfully integrated into the global economy, both of which areexpected to draw more Italian investors, he added.
In November 2014, the largest-ever delegation of Italian businesses,consisting of over 100 groups, came to explore investment opportunitiesin the country.
By opening a representative tradeoffice in Milan city, the economic and financial hub of the northernadministrative Emilia-Romagna Region, Vietnam hopes to have moreItalian business partners.
Enterprises from theLazio region, a major centre of diplomatic and commercial activities arewilling to partner with Vietnam in industrial machinemanufacturing, garments and textiles, and footwear.
Deputy Minister of Economic Development Carlo Calenda said Italy couldpromote economic cooperation with Vietnam in technology and machinemanufacturing, among other fields.
However, henoted that current bilateral cooperation efforts have been limited dueto the lack of business information. Therefore, a number of workshopsintroducing ways to enhance economic cooperation between Vietnam andItaly have been organised to address this, he added.
As of December 2014, Italy had conducted 57 investment projects inVietnam with a total registered capital of over 300 million USD,ranking 29 th out of the 101 countries and territories investing in theSoutheast Asian nation.
Last year, trade between the two nations hit 3.5 billion USD and is expected to reach 5.9 billion USD in 2016.-VNA
