Italian firms seek investment opportunities in Vietnam

An Italian mission of 80 leading firms and 150 delegates will come to Vietnam next week to sound out cooperation prospects and strengthen ties between the two countries.

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The delegation, led by Ivan Scalfarotto, Italian Deputy Minister of Economic Development, will participate in Vietnam-Italy trade promotion programs in Hanoi from November 27-28 and in HCM City on November 29. 

These programs will be organized by the Italian Trade Commission, the General Confederation of Italian Industry, and the Italian Banking Association.

There will be roundtables on infrastructure-transportation, power generation-renewable energy and machinery-technology. Italian Deputy Minister Ivan Scalfarotto and representatives of the Ministry of Trade and Industry and the Vietnam Chamber of Commerce and Industry (VCCI) will deliver speeches at the Vietnam-Italy Business Forum on November 28.

Vietnamese companies which have already cooperated with Italian firms and those are seeking new partners are encouraged to take part in the event, especially a business-to-business (B2B) meeting in Hanoi on November 28 and another in HCMC the next day.

Paolo Lemma, head of the Italian Trade Commission in Vietnam, said Vietnam is an important market for Italian footwear, textile and fashion products and services. Italian companies consider Vietnam a potential market in the region and a perfect gateway to access the ASEAN market.

Visitors can access the website for information about Italian companies participating in the event.

Vietnam and Italy achieved two-way trade of over US$4.6 billion last year, making Italy the third largest European business partner of Vietnam.

The last Italian business mission to Vietnam took place in 2014 with more than 1,000 B2B meetings.

Saigon Times

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