NA leader holds talks with EP President

NA Chairwoman Ngan thanked the EP leader for his contributions to the strengthened partnership between Vietnam and the European Union, as well as between the Vietnamese NA and the EP.

She expressed her belief that Tajani will continue playing a key role in the promotion of ties between the EP and Vietnam in the future.

Welcoming the Vietnamese top legislator’s visit, Tajani said that the EU and Vietnam have shared a sound political and economic partnership, with the EU currently a large trade partner of Vietnam.

Noting that the EU offered Vietnam EUR400 million for socio-economic development, he said that this is evidence of the EU’s efforts in promoting collaboration with Vietnam.

The EP President lauded the attempts by Vietnam and ASEAN countries in general in dealing with intra-bloc differences, as well as regional matters.

Briefing her host on the socio-economic situation in Vietnam, Ngan said that Vietnam has signed and implemented 12 free trade agreements and is negotiating for four other deals.

The EU is currently the fourth largest trade partner, second biggest export market, and fifth largest investor of Vietnam, she noted.

The Vietnamese NA leader said that in order to further promote economic, trade, and investment partnerships, the two sides have concluded negotiations and processing for the signing and ratification of the EU-Vietnam free trade agreement (EVFTA) and the Investment Protection Agreement (IPA).

NA Chairwoman Ngan said the EVFTA and IPA will bring multi-faceted benefits to both Vietnam and the EU, adding the early signing and ratification of the EVFTA will open up many opportunities to realise the benefits that the agreement will bring to both two signatories.

The Vietnamese top legislator hoped that EP President Antonio Tajani would further his support so that the EVFTA ratification can be put into the EP's agenda at the beginning of the new tenure.

She affirmed that Vietnam always facilitates optimal conditions for foreign enterprises, including those from the EU, to land investments in the country.

NA Chairwoman Ngan and EP President Tajani expressed their delight over the sound relations between the Vietnamese NA and the EP, with various delegation exchanges and experience sharing in law building, among others.