Vietnamese Government chief meets Grand Duke of Luxembourg

During the meeting, the Vietnamese Government chief affirmed Vietnam’s recognition of importance to enhancing its comprehensive cooperation with Luxembourg, a founding member of the European Union (EU).

The Grand Duke shared his good impression from his visit to Vietnam 10 years ago, and voiced support for the will of the two Governments to take their bilateral relationship into a new period of development.

Both sides noted with satisfaction the development of bilateral cooperation, especially in investment, since the two countries established diplomatic ties nearly 50 years ago.

PM Chinh conveyed an invitation from Party General Secretary Nguyen Phu Trong and President Nguyen Xuan Phuc to the Grand Duke of Luxembourg to visit Vietnam in 2023 on the occasion of the 50th anniversary of both nations’ diplomatic ties.

The Grand Duke expressed his wish to early visit Vietnam again to witness the Southeast Asian country’s socio-economic achievements and further deepen the Luxembourg-Vietnam cooperation, first of all in green finance and education-training.

PM Chinh shared with the Grand Duke the two governments’ determination to ramp up cooperation in potential fields such as green finance, renewable energy, logistics connectivity and the early formation of a strategic partnership on green finance, with a view to optimizing Luxembourg’s strengths and helping Vietnam carry out its green growth strategy in 20021-2030 with a vision to 2050, and deliver on its commitments on climate change at the 26th United Nations Climate Change conference (COP26).

Regarding economy-trade, the two leaders agreed upon the need to effectively implement the EU-Vietnam Free Trade Agreement (EVFTA). PM Chinh asked the Luxembourg side to push for the early ratification of the EU-Vietnam Investment Protection Agreement (EVIPA) by other EU members.

Vietnam expects to receive Luxembourg’s support in finance and technology during the transition to and development of renewable energy, and in the establishment of a just energy transition partnership (JETP) with G7 and international partners on the basis of ensuring harmonious interests of all parties so as to together respond to global issues, Chinh told his host.

In response, Grand Duke Henri hailed Vietnam’s role in the region and the Association of Southeast Asian Nations (ASEAN). He expressed his concern about climate change in the Mekong Delta, which he considered a key issue in the bilateral relations between. He also pledged to support Vietnam in realizing green growth targets.
      
The Grand Duke said he supports and encourages Luxembourg firms to increase investment in Vietnam in such fields as digital transformation, renewable energy, and strategic infrastructure. He also backed stronger cooperation in education-training, culture, sports and tourism, people-to-people exchanges, and especially the provision of more scholarships for Vietnamese students to receive education in Luxembourg.  
         
PM Chinh thanked the Grand Duke for the support, and suggested that he continue to facilitate the Vietnamese community’s integration into the host nation.