The European Union will urge many member states to boost the ratification of the EU-Vietnam Investment Protection Agreement in order to further facilitate investment flows.
There remains an ample room for cooperation between the European Union (EU) and Vietnam in the fields of pharmaceuticals, food stuff and automobile industry, European Commission (EC) Executive Vice President Valdis Dombrovskis, who is also the EU s Trade Commissioner, has said.
Gabor Fluit, chairman of the European Chamber of Commerce in Vietnam (EuroCham), discussed with VIR’s Tung Anh how important the expanded visa exemption is to its tourism industry and economic development.
Businesses from the European Union are pinning high hopes on regulatory advances, such as with visa exemptions, so that they can unlock wide-ranging benefits through investment in Vietnam.
Prime Minister Pham Minh Chinh and President of the Chamber of Representatives of Belgium Eliane Tillieux have agreed to promote cooperation and facilitate all-level visits between the two legislatures and offer mutual support at regional and global inter-parliamentary forums.