Viet Nam-Dutch business cooperation boosted

Jun 27th at 16:07
27-06-2023 16:07:41+07:00

Viet Nam-Dutch business cooperation boosted

Enterprises will be pioneers in promoting Viet Nam - Netherlands cooperation in the next 50 years.

Dutch businesses want to be facilitated when carrying out procedures for granting entry visas and extending entry time. — Photo VGP

Vietnamese Deputy Prime Minister Tran Hong Ha shared this thought while attending a roundtable discussion with Dutch and Vietnamese businesses, on Monday afternoon (local time), in The Hague (Netherlands).

The seminar was attended by nearly 30 large enterprises from the Netherlands and Viet Nam operating in the fields of seaport infrastructure, mining, dredging, maritime services, logistics, renewable energy, and agriculture.

The Netherlands is currently the second-largest trading partner of Viet Nam in Europe and the largest investor of the European Union (EU) in Viet Nam.

The two countries have identified five priority areas for development cooperation, including climate change adaptation and water management, agriculture, energy, marine economy and logistics services.

The Deputy Prime Minister said that Viet Nam and the Netherlands have similarities from beautiful nature, hardworking and friendly people, to being affected by climate change, and sea level rise.

Therefore, Viet Nam needs knowledge sharing and experience from the Dutch development model in disaster prevention, climate change adaptation, greenhouse gas emission reduction, and transition to a green econom, according to the deputy prime minister.

This is an opportunity for Dutch businesses to find and obtain effective investment and business projects in Viet Nam.

"Viet Nam is a developing country but has made strong commitments to reduce net greenhouse gas emissions to zero, green transition, transition from fossil energy to renewable energy... with many projects pending,” the deputy prime minister clarified.

For example, in the field of renewable energy, Viet Nam has the potential to become a centre of renewable energy in the world, producing and exporting green fuels.

Besides, with the signing of 15 free trade agreements (FTAs) with all major economies in the world, investment projects of Dutch enterprises in Viet Nam also benefit from the FTAs, according to the deputy prime minister.

A number of Dutch corporations expressed interest in projects related to coastal protection; offshore sand exploitation as an alternative material for construction and transportation projects.

They also cared about dredging major navigational channels; building liquefied gas ports; producing hydrogen, ammonia; digitising the process of exchanging seaport information; and developing a closed livestock chain.

Dutch businesses wished to be facilitated when carrying out procedures applying for entry visas, and extending entry time.

They also hoped that the State would support domestic enterprises to meet standards and regulations as committed in FTAs to effectively take advantage of opportunities from these FTAs.

The deputy prime minister directly answered a number of questions about the orientation of developing offshore wind power centres associated with the green hydrogen and green ammonia production industry according to the Electricity Master Plan VIII; technology transfer to convert fossil energy sources to renewable energy; exploiting and using sea sand as building materials.

On the sidelines of the discussion, Vietnamese corporations such as Geleximco, Flamingo, Saigon Newport highly appreciated the rich experience, advanced technology and capacity of Dutch enterprises in exploiting sea sand; minimising the impact on the ecological environment when encroaching on the sea; dredging channels for seaport ships; seaport management model; technical co-operation, smart port construction, and human resource training.

The Deputy Prime Minister also suggested Dutch businesses directly work with Vietnamese businesses, as well as ministries and sectors to exchange, share frankly and propose business investment cooperation ideas to be deployed in the coming period, contributing to promoting economic-investment cooperation between the two countries. 

Bizhub





RELATED STOCK CODE (1)

NEWS SAME CATEGORY

Hanoi to conduct six initiatives as part of UNESCO Creative Cities network

Hanoi will realize the city's vision and policy through long-term programs and action plans, creating favorable conditions to take the design to new heights.

Members determined to smooth CPTPP path for UK

Vietnam continues to back up Britain’s entry into a major trade pact, although the exact benefits for members are yet to be fully understood.

Vietnam pushes for energy transition: PM

Vietnam is recognized as a shining example of economic recovery in the region, with its successful disease prevention strategies, transformative growth models, and...

Viet Nam remains ideal destination for global giants

Despite a decline in global investment flows, Viet Nam remained an attractive destination for foreign companies, especially large-scale ones, experts have said.

Excelsior Asia Capital considers investment in Vietnamese male grooming chain

Beauty and personal care sales in Vietnam are expected to grow steadily on 2023-2027 with an estimated revenue of US$2.9 billion in 2027.

Korea-Vietnam Partnership Fair to boost bilateral trade

Viet Nam offers abundant business opportunities for Korean companies thanks to its political stability, fast economic growth, and cultural similarities to the...

Hanoi businesses engage in e-commerce platforms to expand global reach

By 2026, cross-border retail sales of goods in Vietnam are projected to reach VND256.1 trillion (US$10.9 billion).

HCM City wants to restart investment stimulus programme

Viet Nam's economic spearhead HCM City is planning to implement policies supporting business recovery in the face of ongoing challenges, with a focus on an...

Dong Thap tapping into Indian businesses

The Mekong Delta province of Dong Thap will foster investment activities to tap Indian cash flows into diversified sectors.

Quang Binh conference puts on show for investors

The conference on Quang Binh province's master plan for investment promotion took place in Hanoi on June 25.


MOST READ


Back To Top