At the meeting, coorganised by the General Confederation of Italian Industry (Confindustria) and the Trade Office at the Vietnamese Embassy in Italy, Commercial Counsellor Bui Vuong Anh from the Vietnamese Embassy highlighted opportunities for foreign enterprises when investing in Vietnamese market, saying that Vietnam has recently signed two free trade agreements with the Republic of Korea and the Eurasian Economic Union.

Representatives from Italian industry associations made recommendations on specific contents for cooperation including technology transfer. In particular, UCIMU, the Italian automation systems and ancillary products manufacturers’ association, was interested in establishing joint venture for production and technology transfer in Vietnam.

The conference was held in the framework of a programme to promote economic collaboration activities as signed between the Vietnamese Ministry of Industry and Trade and Italy’s Ministry of Economic Development last November at the first meeting of the mixed commission for economic cooperation.

Detailed collaboration in the four sectors will be discussed at the committee’s second meeting in September in Italy.