Ministry of Planning and Investment Portal

Le Viet Anh at the meeting. Photo: MPI

The EU-Vietnam has more than 30 years of diplomatic relations and the EU is Vietnam’s largest foreign investors with extensive relations through many commitments, comprehensive cooperation in trade, investment, sustainable development, etc. These cooperation frameworks made Vietnam one of the Asian countries having comprehensive and extensive relations with the EU, Le Viet Anh said.

The first meeting of sustainable development sub-committee of the Joint Committee under the EU-Vietnam Comprehensive Partnership and Cooperation Framework Agreement (PCA) was jointly held by the MPI and the EU. The sides discussed recent notable situations and a number of orientations for collaboration such as green economy, energy, economic management, education, health, culture, investment. They also agreed to expand join works for the effective use of Vietnamese fund.

Vietnam achieves many positive results in the COVID-19 prevention and boosts the country’s economic development in response to climate change through national strategies, plans and master plans, including socio-economic development plan, national strategy on green growth for the 2021-2030 and national strategy on climate change.

Vietnam shows a strongly determination to recover from the pandemic with many commitments in the international arena, notably Vietnam’s commitment at COP26; implements solutions to improve competitiveness and development capacity to accelerate economic recovery. Vietnam calls for opportunities and proactive access to domestic and foreign financial sources in order to realize its goals.

Vietnamese ministries, sectors and the EU members discussed key orientations and solutions to remove obstacles and further improve the effectiveness of cooperation between the two sides within the framework, aiming to achieve economic development goals and leave no one behind.

Jean-Louis Ville at the meeting. Photo: MPI

Jean-Louis Ville congratulated Vietnam for its achievements despite facing challenges posed by the COVID-19 pandemic. He hopes to have an update on the sustainable development situation in Vietnam, especially post-COVID such as the next five or ten years.

The EU will coordinate closely with Vietnam to boost the country’s development, providing support programs to promote the dynamic development of the private sector. The EU prioritizes six areas: green deal, sustainable development and job creation, migration and technology including innovation, governance and people development./.