Vietnam is currently Italy's largest trading partner in ASEAN, with bilateral trade turnover reaching 6.9 billion USD in 2024, an increase of 13.1% year-on-year.
Vietnamese Ambassador to Italy Duong Hai Hung speaks at the event. (Photo: VNA)
Rome (VNA) ꦐ– Vietnam is considered a country with great growth potential and is highly valuated by Rome and Italy in their strategies to develop partnerships, heard a conference held in Rome on March 14.
The conference brought together more than 120 delegates from diplomatic missions, government agencies, and businesses, discussing key issues in bilateral relations, particularly in trade, culture, and tourism between Italy and Asian countries.
Attending the event, Vietnamese Ambassador to Italy Duong Hai Hung emphasised that the Vietnam-Italy Strategic Partnership has developed robustly over the past years.
Vietnam is currently Italy's largest trading partner in ASEAN, with bilateral trade turnover reaching 6.9 billion USD in 2024, an increase of 13.1% year-on-year.
The presence of the Leonardo Group along with credit institutions SACE and Simest in Vietnam has contributed to boosting trade and investment flows between the two countries and promoting "made-in-Italy" products in the 100 million-strong Vietnamese market.
The conference brought together more than 120 delegates from diplomatic missions, government agencies, and businesses. (Photo: VNA)
The conference featured four thematic discussion sessions, attracting over 20 speakers. Experts focused on discussing the cultures and traditions of four Asian countries closely linked to Italy - Vietnam, Thailand, China, and Japan - as well as issues related to tourism, agriculture, sustainable development, trade, and contemporary arts.
Speaking to the Vietnam News Agency (VNA)'s correspondents in Italy, Francesca Leoncini, a representative of the Rome City Council, affirmed that Asia is a market full of potential for Italian businesses. Particularly, Vietnam is considered a country with great growth potential and is highly valuated by Rome and Italy in their strategies to develop partnerships.
In terms of tourism, experts highlighted the important role of Asian tourists in Italy's tourism industry.
Elia Rosciano, President of the Federation of Italian Non-Hotel Guesthouse Associations, expressed his confidence in the potential for cooperation between the two sides, especially in attracting more Vietnamese tourists to Italy.
Representatives of Italian companies, such as wine producer Marchesi Mazzei and consultancy firm Mediterraneo, noted that Vietnam is a promising market with increasing consumer demand and a favourable investment environment./.
Deputy Minister of Foreign Affairs Le Thi Thu Hang and Italian Undersecretary of State Secretary for Foreign Affairs and International Cooperation Maria Tripodi co-chaired the sixth deputy ministerial-level political consultation in Hanoi on January 17 to discuss bilateral cooperation and explore orientations to bilateral ties in various fields.
Trade cooperation between Vietnam and Italy in 2025 is expected to see many promising opportunities and favourable conditions for stronger growth, Vietnamese Trade Counsellor in Italy Duong Phuong Thao has said.
The Vietnamese Embassy in Italy, in partnership with national-flag carrier Vietnam Airlines, hosted the inaugural "Pho and Nem Day" in Rome, showcasing Vietnam's rich culinary heritage and promoting tourism.
The North-South Expressway project is scheduled for completion by 2030, aiming to establish the groundwork for Vietnam’s modern railway industry and stimulate regional economic development, positioning the country for a significant economic leap in the era of national rise.
The probe, initiated on June 11 following a petition by the US Coalition for Fair Trade in Hardwood Plywood, targets products classified under HS Code 4412 and 9403 imported from China, Indonesia and Vietnam.
Sun PhuQuoc Airways was born as a perfect piece in Sun Group’s strategic vision to build a premium ecosystem of tourism, entertainment, real estate, and aviation. With a pioneering ambition, Sun PhuQuoc Airways is not just an airline, but a symbol of connection – bringing the world to Phu Quoc and taking Phu Quoc to the world.
A key change in the draft decree is a provision requiring bank transfers for gold transactions valued at 20 million VND (765 USD) and above, to enhance transparency and verify customer identities.
In the first four months of 2025, trade turnover between Vietnam and Cambodia surpassed 3 billion USD, marking a 7% increase compared to the same period in 2024.
On June 19 alone, a total of 2,005 trucks completed customs clearance at Lang Son’s border gates — the highest single-day figure ever recorded in the province. Of these, 634 carried exports and 1,371 imports.
The OECD Economic Surveys: Vietnam 2025 report focuses on analysing the country’s macroeconomic fundamentals, the impact of international integration on attracting foreign investment and trade, and the country’s prospects for developing a low-carbon economy.
Antoine Colin, Senior Vice President for Global Supply Chain Digital Transformation & Resilience at HP Inc., affirmed HP’s strategic commitment to building a supply chain and ecosystem in Vietnam and the region.
Deputy Director General of the Ministry of Industry and Trade (MoIT)’s Trade Promotion Agency Bui Quang Hung emphasised that logistics has evolved from a technical function into a core capability for Vietnamese exporters to maintain their competitive advantage in the US market.
A trade official has suggested companies work closely with shipping lines, airlines, and freight forwarders to monitor routes, transit times, and potential surcharges while exploring broader cargo insurance to cover risks like war and terrorism.
In addition to institutional reform, the agency is also rolling out key solution groups to combat counterfeit goods, imitations, and intellectual property infringements in the digital environment.
The event, co-organised by the Vietnam Trade Office in the UK and TT Meridian, a local importer of Vietnamese fresh produce, aims to build a national lychee brand and encourage broader recognition of Vietnamese fruits in a competitive, high-end market.
The industry's performance has been powered by bold investments in modern production lines, enabling Vietnamese firms to produce complicated products which were exclusive to advanced economies.
Outcomes of ABAC III will shape ABAC’s final policy recommendations to be submitted to the ABAC-APEC leaders’ dialogue, scheduled to take place in the Republic of Korea this November.
This is the second year the magazine has released the ranking, which is based on total revenue and key financial indicators of enterprises from seven countries in the region: Vietnam, Indonesia, Thailand, Malaysia, Singapore, the Philippines, and Cambodia.
At the summit, publishing, tech, and media sectors will discuss emerging trends, business models, and sustainable solutions for digital publishing development in Vietnam.
This year’s “Vietnam Goods Week” marks a significant milestone as it is being held simultaneously for the first time in four locations across Asia: Japan, Hong Kong (China), Cambodia, and Malaysia, from June 19 - 22.
