Association outlines tasks to foster Vietnam-Italy economic links

The congress reviewed the ASSOEVI’s performance over the past years and set up tasks for the new tenure with a view to developing the association, supporting its members’ business activities in Italy, and contributing to economic, trade and investment ties between the two countries.

Pham Van Hong, ASSOEVI Chairman in the 2011-2018 tenure, said founded in 2011, the association has continually expanded and attracted new members, including Italians. It has increased exchanges to boost connections with Italian organisations and businesses, as well as Vietnamese entrepreneurs’ associations in other European nations, he said.

Additionally, the ASSOEVI has provided Vietnamese and Italian firms with market information to help with their business and investment cooperation, he noted.

Addressing the event, Vietnamese Ambassador to Italy Cao Chinh Thien said the ASSOEVI is a key organisation of Vietnamese people in the country. He applauded its contributions to the development of the Vietnamese community in Italy and the two countries’ economic and trade partnerships.

Thien expressed his hope that the ASSOEVI will keep enhancing its role and solidarity while organising many practical activities for the sake of the homeland.

The congress elected a nine-member executive committee of the ASSOEVI for the 2018-2021 term.

Vietnam and Italy set up the strategic partnership in 2013. Italy is now the fourth biggest European economic partner of Vietnam. Bilateral trade approximated US$5 billion in 2017. With total capital of US$389 million , Italy ranks 31st among 126 countries and territories directly investing in Vietnam.