Italian media: President Thuong's Italy visit helps strength bilateral ties

AGCNews ran an article on July 29 about the tightened relations between Hanoi and Rome following the Vietnamese President's recent visit.

The article stressed that Vietnam and Italy have issued a joint statement on strengthening the bilateral strategic partnership, which reaffirms the strong relationship that exists between the two countries, as well as future plans for further co-operation in politics, diplomacy, defence, and security. 

It said that during high-level talks, Italy always affirmed its determination to promote comprehensive relations with Vietnam, considering the nation to be a priority for developing relations in Southeast Asia. In line with this, the country remains one of the 10 emerging countries that Italy prioritises developing trade and investment cooperation by 2030.

The article reviewed new steps in collaboration between the two countries, including the growing trade and investment partnership, with two-way trade turnover having doubled since 2010. Vietnam represents Italy's largest trading partner among ASEAN member states, while the Southern European country is the third largest Vietnamese trading partner among EU states.

Meanwhile, the La Voce di Alba newspaper published an article quoting MP Chiara Gribaudo, vice president of the Italian Democratic Party, as saying after her meeting with President Thuong in Rome that the new trade agreements with Vietnam - the EU-Vietnam Free Trade Agreement (EVFTA) and the EU-Vietnam Investment Protection Agreement (EVIPA) - have been ratified by the Italian Parliament. This therefore opens up new important commercial opportunities for enterprises and shows support for fresh business perspectives.

(Source: VOV)