ASEAN Future Forum envisions sustainable, people-centered growth
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On 20 February, EuroCham and the European business community met representatives from Hung Yen Province to explore trade and investment opportunities. The meeting was attended by high-ranking officials from both sides, including:
From Hung Yen Province –
From the European business community –
The meeting agenda focused on boosting investment and trade between European businesses and Hung Yen Province. Hung Yen representatives showcased the province’s economic strengths, including its strategic location, advanced infrastructure, and skilled workforce. They highlighted available industrial park lands, development strategies through 2023 with goals for 2045, and efforts to attract and develop these parks.
From EuroCham’s side, our representatives introduced the chamber’s structure, operation model, and the status of investments by EuroCham members in Vietnam in recent years. They discussed the Vietnam-EU relations, the impact of the EU-Vietnam Free Trade Agreement (EVFTA), and EuroCham’s northern growth strategy. EuroCham also expressed our investment concerns, emphasizing the need for renewable energy, sustainability, advocacy, and simplification of administrative procedures.
The meeting also included brief introductions from the CCIFV, the CEEC, and C-Cube, highlighting their roles and interests in the Vietnamese market.
The discussions culminated in an agreement on key proposals aimed at enhancing cooperation between Hung Yen Province and European investors. These included:
Additionally, an MoU between Hung Yen Province and EuroCham was proposed to formalize the discussed initiatives.
The meeting concluded with both parties agreeing on the proposals and exchanging contact information for further collaboration, setting the stage for enhanced economic cooperation between Hung Yen Province and the European business community.
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