Vietnam and Austria seek to deepen financial cooperation and investment
On September 14 in Vienna Austria a delegation from Vietnam s Ministry of Finance led by Deputy Minister Nguyen Duc Chi held a bilateral working session with Barbara Eibinger Miedl State Secretary at Austria s Federal Ministry of Finance
Vietnam and Austria are working to strengthen their financial cooperation and investment ties. State Secretary Barbara Eibinger-Miedl of Austria emphasized the importance of close coordination between the two finance ministries. Deputy Minister Chi highlighted the successful outcomes of previous financial cooperation projects in areas such as healthcare, vocational training, and railway transport.
Both sides agreed to continue implementing a new Framework Agreement on Financial Cooperation, which came into effect on August 1, 2025, with Vietnam aiming for an average annual GDP growth of at least 10% from 2026 to 2030. Austria is encouraged to continue supporting concessional credit packages, particularly in smart infrastructure, sustainable development, renewable energy, and healthcare.
Vietnam also seeks assistance in developing green finance and green bond market standards, hoping to attract European institutional investment funds.
Brief written by urgent.news from Vietnam Investment Review's own syndicated text. Machine-written — may contain errors; check the original before relying on it.
