Update: 08:35 | 08/10/2019
National Assembly Vice Chairman Phung Quoc Hien affirmed that Vietnam always provides support for investors in the country, during a reception in Hanoi on October 7 for Chairman of the EU – ASEAN Business Council Donald Kanak.
Hien spoke highly of the council’s role in promoting ties between ASEAN and EU firms, and Vietnamese and EU enterprises in particular.
National Assembly Vice Chairman Phung Quoc Hien (R) and Chairman of the EU – ASEAN Business Council Donald Kanak.
He said two-way trade between Vietnam and the EU has kept growing over the past years. Progress has been seen in socio-culture, environment, climate change response, administrative reform.
The host expressed his delight at growing ties between the Vietnamese legislature and the European Parliament, and spoke highly of the Vietnam – EU Comprehensive Cooperative Partnership Agreement that took effect in 2016.
He wished that both sides will soon ratify the deals, and asked the council to push for the early ratification by the European Parliament and the EU member parliaments.
Kanak, for his part, said he is accompanied by representatives from 26 EU businesses working in different areas, reflecting their commitment to doing business in Vietnam in the near future.
He affirmed that EU firms are ready to assist Vietnam in assuming the role of ASEAN Chair by 2020.