(VOVWORLD) - The EU has announced an investment package of more than 560 million euros for Vietnam, focusing on energy transition, sustainable transport development, and improvement of infrastructure capacity.
 An overview of the EU–Vietnam Business and Investment Forum. (Photo: Tran Ngoc/VOV) |
At the EU-Vietnam Business and Investment Forum in Hanoi on Tuesday, the EU also launched a 40-million-euro sustainable transport support mechanism, aiming to mobilize 1 billion euros for large-scale rail and transport projects.
Also at the forum, multiple cooperation agreements between EU and Vietnamese businesses were announced. These projects were focused on transport, logistics, digital healthcare, and industry, aiming to promote economic connectivity and expand value chains.
 Deputy Prime Minister Ho Duc Phoc speaks at the forum. (Photo: Tran Ngoc/VOV) |
Addressing the forum entitled "Global Gateway Strategy: Investment Cooperation Towards a Sustainable Future ", Deputy Prime Minister Ho Duc Phoc proposed that the EU strengthen its support for Vietnam in accessing green finance, transferring technologies, and promoting high-quality investment in renewable energy, green economy, digital economy, semiconductor technology, and strategic infrastructure.
He also urged EU member states to soon ratify the Vietnam-EU Investment Protection Agreement (EVIPA), thereby completing a legal framework and building trust for businesses on both sides.