In recent years, relations between Italy and ASEAN countries, including Viet Nam, have continued to develop fruitfully and productively. 2018 proved to be another excellent year for this thriving relationship. Viet Nam and Italy celebrated the 45th anniversary of diplomatic relations and five years since the establishment of a strategic partnership, marked by the visit of Deputy Prime Minister H.E. Truong Hoa Binh to Italy in October.
Viet Nam is gaining ever more attention from Italian investors and entrepreneurs. Nowadays it is one of the fastest-growing economies in Asia, with a vibrant market of more than 95 million consumers, an emerging middle class and a young, dynamic workforce. The growth rate in 2018 reached a ten-year high at 7.08%, leading to GDP per capita of USD2,540, up 6.3% year on year. Under a socialist-oriented market economy, Viet Nam’s economic structure is shifting towards modernization and industrialization, with a shrinking share of agriculture and an increasing contribution of services and industrial production.
Beyond the Vietnamese government’s ongoing efforts towards economic reform, the country also consistently pursues a comprehensive integration policy with the focus placed on international economic integration. At this stage, Viet Nam has so far implemented and ratified 11 free trade agreements (FTAs), notably the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP). The country is preparing to complete, sign, ratify and enforce five other FTAs, including the European Union-Viet Nam FTA (EVFTA), a very promising agreement that could yield significant benefits for Italian businesses once it takes effect. Under the scope of this agreement, 99% tariffs on goods traded between the European market and Viet Nam will be eliminated, creating incentives and new playgrounds for EU companies who wish to invest in our country. Furthermore, as a member of many important economic co-operation mechanisms in the region and globally, such as the World Trade Organisation (WTO), the World Economic Forum (WEF), Asia-Pacific Economic Co-operation (APEC), etc., Viet Nam is committed to working with other partners, including Italy, towards a stable and predictable rule-based multilateral trading regime that will positively contribute to the greater welfare and economic development of both our economies.
As ambassador to Italy, I make it one of my key goals to strengthen the relationship between Italy and Viet Nam, as well as with ASEAN as a whole. In doing so, through the launch of this journal, together with other joint activities, including the upcoming Third High-level Dialogue on ASEAN-Italy Economic Relations, which was held in Hanoi this June, I hope that they will provide essential catalysts to advance our partnership to the next level, bringing prosperity and new opportunities to all the people and entrepreneurs across our countries.
“The nexus between China’s human and economic presence abroad and its security policy is increasingly important. Within this nexus, this study statistically explores whether... Read More
“What does the recent military coup tell us about the prospects for Myanmar’s regime? While the country’s semi-democracy is not dead, it is unlikely... Read More
“Nell’immediato la Cina si trova particolarmente esposta sul versante della competizione globale per la vaccinazione contro l’infezione da Covid-19. Un aspetto delicato riguarda il... Read More
“Gli ultimi dati pubblicati dall’Eurostat rivelano che nel 2020 la Cina è diventato il principale partner commerciale dell’Unione europea, una posizione a lungo occupata... Read More
“La (de)militarizzazione, il disarmo, e il controllo di armi e mezzi della violenza rappresentano questioni sociali ed economiche centrali rispetto agli eventi che in... Read More
Sottoscritta il 20 novembre 2020, la Regional Comprehensive Economic Partnership (RCEP) è il più ampio accordo di libero scambio e di collaborazione economica al... Read More
“Le proteste in Myanmar sono molto traversali, non solo legate ai sostenitori del partito di Aung San Suu Kyi. Un ruolo chiave nelle proteste... Read More
“Since the coup, millions of Myanmar people have voiced their outrage, marching in huge numbers, calling for Aung San Suu Kyi’s release from detention... Read More
“Per la Cina è importante fare affari con Israele, ma mantenere buoni rapporti con tutti gli attori regionali, senza dare l’impressione di prendere posizioni... Read More
Mainland China’s capital markets are not entirely akin to their Western counterparts: the regulator of the two stock exchanges (the Chinese Securities Regulatory Commission,... Read More
Quarterly journal on the politics, foreign policy and socio-political dynamics of contemporary China
Quarterly journal on the international relations and international political economy of South-East Asia
Quarterly journal investigating the extended concept of security and the human dimension of conflict
Presentation of the book “Protecting China’s Interests Overseas: Securitization and Foreign Policy”, by Dr. Andrea Ghiselli (T.wai & Fudan University). Description Based on his... Read More
OrizzonteCina pubblica saggi originali e rigorosi al fine di promuovere, a livello nazionale, una più articolata conoscenza del sistema politico, delle relazioni internazionali e delle... Read More