The two leaders expressed their satisfaction with positive strides in the bilateral relationship in recent times, in which Austria has continuously been one of the top 10 trading partners of Vietnam in Europe and Vietnam is an important trading partner of Austria in Southeast Asia.

President Cuong emphasised that economic-trade-investment ties are one of the important pillars of the bilateral relations, and suggested Austria increase investment in Vietnam in areas where Austria has strengths and Vietnam has demands, such as infrastructure, renewable energy, and green transition.

The President also proposed the Austrian Parliament soon ratify the EU - Vietnam Investment Protection Agreement (EVIPA) and have a positive voice to urge the European Commission to soon remove its IUU "yellow card" against Vietnamese seafood. He also affirmed that Vietnam is ready to act as a bridge to support Austria in accessing the potential ASEAN market.

Sharing President Cuong’s opinions, PM Stocker expressed his deep impression of Vietnam and its people, congratulated Vietnam on its socio-economic development achievements in recent years, and affirmed that Austria considers Vietnam an important partner in Southeast Asia.

The Austrian PM agreed that the two sides should increase the exchange of delegations at all levels, create more favourable conditions for businesses and localities of the two countries to connect and cooperate, and further promote cooperation in economy, trade, investment, science and technology, education and training, tourism, people-to-people exchange and other potential areas.

In the spirit of political trust, the two leaders agreed to strengthen coordination and mutual support at multilateral forums.

Vietnam, Austria to boost defence cooperation for peace, development

Vietnamese Ambassador to Austria Vu Le Thai Hoang has suggested several measures for expanding defence ties in the future during a recent courtesy call to Dr. Arnold Kammel, Secretary General of the Austrian Ministry of Defence.