ASEM 10 arouses European investment interests in VN

(VOV) -The 10th Asia-Europe Meeting (ASEM-10) and related meetings are believed to help stimulate investment interests from Europe to Asia, especially from Europe to Vietnam.

Ambassador and Head of the EU Delegation to Vietnam Franz Jessen made the remark at a press briefing in Hanoi on October 7 to share information about the ASEM-10 scheduled for Milan, Italy from October 15-17.

As planned, Prime Minister Nguyen Tan Dung will visit Brussels on October 13-14 before heading to Milan for the ASEM 10.

In Brussels, Prime Minister Nguyen Tan Dung will meet three top European leaders- the President of the European Council, the President of the European Commission and the President of the European Parliament.

asem 10 arouses european investment interests in vn hinh 0
Ambassador and Head of the EU Delegation to Vietnam Franz Jessen.

The meetings will focus on economic cooperation and the Europe-Vietnam Free Trade Agreement (EVFTA) negotiations.

Ambassador Franz Jessen said apart from dialogues between leaders from different nations, bilateral meetings between heads of state and the business community will be conducted at the ASEM-10. Accordingly, the event is expected to draw the participation of 41 heads of state and government leaders from the two regions.

The attendance of the top leaders demonstrate Europe’s particular concern about Asia and vice versa.

The forefront of this year’s summit will be concentrated on strengthening connectivity in terms of trade facilitation, customs clearance in the two regions, tourism development.

The 10th round of the EVFTA negotiations are currently taking place in Belgium while the 9th round was held in the central Danang City just 10 days ago. The very close distance between the two rounds of talks shows negotiators’ sustained efforts to conclude negotiations soon.

The presence of Prime Minister Nguyen Tan Dung at the EU headquarters in Brussels is an important factor in achieving better results from the negotiation process, Franz Jessen said.

Since the ASEM 5 held in Vietnam in 2004, two-way trade between Vietnam and the EU has witnessed strong growth, reaching US$33 billion per year, but 10 years ago’s figure was very low. Over the past three years, the EU- Vietnam trade is growing steadily, maintaining at a double-digit increase.

The EU diplomat also highly appreciated Vietnam’s positive role in ASEAN over the past two years, saying that as the country coordinator of the ASEAN-EU relations, Vietnam has always integrated the benefit of ASEAN into the ASEM forum and been a good partner in the region.