Israel pledges to support Vietnam in technology and economy

Israel’s 75th Independence Day (1948-2023) and the 30th anniversary of the bilateral diplomatic ties (1993-2023) were celebrated on May 30 in Hanoi by the Embassy of Israel in Vietnam.

As part of his remarks at the event, Israeli Ambassador to Vietnam Yaron Mayer stated that joint ties have seen strong development in terms of economics and technology, noting that high-level visits and cultural exchanges have consolidated the two countries' friendship and enhanced their mutual understanding, as well as people-to-people dialogue.

Bilateral trade has exceeded US$2 billion, with the recent conclusion of negotiations on the Vietnam-Israel Free Trade Agreement (VIFTA) expected to facilitate their trade and investment collaboration, he added.

On behalf of the Vietnamese Government and people, Deputy Minister of Foreign Affairs Ha Kim Ngoc extended congratulations to the Israeli Government and people on the occasion of their Independence Day.

He went on to applaud the solidarity and efforts shown by the Israeli people in terms of national construction and development, all of which has served to transform the Middle Eastern country into a centre of economy, science-technology, and innovation in the region and the world at large.

Since Vietnam and Israel initially established diplomatic ties on July 12, 1993, their multifaceted co-operation has been developing constantly, with the two countries becoming leading important partners in Southeast Asia and the Middle East, the official went on to say.

Co-operation achievements in areas such as economics, science-technology, high-tech agriculture, and people-to-people exchanges have contributed to strengthening the bilateral ties.
The VIFTA, the first between Vietnam and a Middle Eastern country, is expected to be signed on the occasion of the 30th anniversary of bilateral diplomatic relations, he said, emphasizing that that the deal will contribute to fine-tuning the legal framework and creating breakthroughs for economic, trade, and investment linkages between the two countries in the near future.

The Deputy Minister also spoke glowingly of Israel’s admission of Vietnamese agricultural trainees who have successfully applied cutting-edge technologies in agricultural projects after returning home, thereby contributing to the overall development of the Vietnamese farming sector, as well as boosting the bilateral friendship.

Deputy Minister Ngoc showed his confidence that through the determination of the two governments and peoples, general co-operation will grow further across multiple areas in the time to come.