Vietnamese Ambassador to Italy Duong Hai Hung (centre), Chairman of the Basilicata Confederation of Industry Francesco Somma (second from right), and other participants at the roundtable meeting in Potenza city on March 13 (Photo: VNA) Opening the event, VietnameseAmbassador to Italy Duong Hai Hung gave a brief introduction of Vietnam’ssocio-economic achievements and favourable policies for businesses andinvestors. He said Basilicata region boasts many important industries such asmechanics, automobile, agricultural processing, and oil and gas exploitation.
Vietnam expects the dynamic policies being implemented will help further tap into the region’s potential;open up new economic cooperation chances for the two sides; create optimalconditions for Basilicata businesses to learn more about Vietnam, especiallythe country’s aquatic and agricultural products; and invest in or cooperatewith Vietnamese partners in mechanical, food processing, furniture, and supportindustries, he went on.
The ambassador affirmed the readinessto assist the region and local businesses to boost partnerships with Vietnam.
Francesco Somma, Chairman of the Basilicata Confederation of Industry (Confindustria),said his region exported 2.8 billion EUR (3billion USD) worth of goods in 2022, mainly products of textile - garment, machinery,pharmaceutical, automobiles, and oil and gas industries.
He emphasisedthe countries’ similar structures of small- and medium-sized enterprises alongwith Basilicata firms’ international cooperation capacity, calling them the factors for stepping up trade and investment ties between Vietnamand Basilicata.
Talking to Vietnam News Agency, Francesco stressed the importance of deeperunderstanding of the potential of Vietnam, which has strong growth andpolitical stability. Meanwhile, Basilicata holds investment potential in termsof automobile, agricultural processing, chemical, or transportation industries.
Aside from providing information, Confindustriahopes to promote initiatives for further enhancing trade and investment chancesfor Basilicata businesses in Vietnam and for Vietnamese businesses in thesouthern region of Italy, he added.
Antonio Braia, head of the chamber of small industry at Confindustria Basilicata,said local businesses can supply Made-in-Italy products for Vietnam and alsoattract Vietnamese investment to strong industries of the region such asautomobile, farm produce, tourism, and culture.
Cirillo Giovanni, Director of CiesseTendaggi – a curtain producing and exporting company, held that businesses inboth Italy and Vietnam should increase exchanges and meetings to meet eachother’s diverse demand, adding that his company is boosting contact withVietnamese partners to expand export and also planning to import many productsof its specialised field./.
VNA
