Vietnam and Belgium to expand trade and investment projects

Vietnam and Belgium have agreed to expand their trade and investment projects, reaffirming their commitment to deepening bilateral cooperation across all areas. The Joint Statement on the outcome of the official visit by Party General Secretary and State President To Lam to Belgium highlights the strong complementarity between their economies and the considerable potential for cooperation in various sectors.

This includes services, finance, research and development, agro-ecological transition, environmental protection, higher education, innovation, eco-friendly industries, multimodal logistics, shipbuilding technology, high-tech, port management, renewable energy, critical raw materials, semiconductors, biotech, healthcare, the pharmaceutical industry, and transport.

Both sides emphasized the importance of international labor standards and the implementation of the EU-Vietnam Free Trade Agreement. They also encouraged the use of existing cooperation mechanisms and the facilitation of bilateral economic and investment cooperation.

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.