News Details

Vietnam and Netherlands agree to improve trade to $15 billion in turnover

Netherlands

Food & Beverages

23-05-2024

During phone talks, the two leaders spoke highly of the recent improvements in the warm relationship between Việt Nam and the Netherlands. PM Chính reaffirmed Việt Nam's steadfast commitment to prioritising the development of a comprehensive partnership with the Netherlands, referring to the country as "Việt Nam's European friend". He also said how much he appreciated the significance of the Dutch Prime Minister's official visit to Việt Nam in November 2023, which left the nation and its people with many positive and priceless memories. He praised the ministries and sectors of the two nations for their proactive and efficient implementation of previous agreements and commitments, which have significantly and favourably advanced existing bilateral cooperation. Dutch Prime Minister Mark Rutte said the two countries can share experiences and learn from each other in many areas. In order to fortify friendship and political confidence, he agreed that the two sides would boost the exchange of delegations at all levels through State, Government and National Assembly channels. Việt Nam and the Netherlands will continue to coordinate closely and support each other at international forums and organisations, can contribute to regional and global peace and with security and development issues, he said. The two sides agreed to work closely for the preparations of the State visit to Việt Nam by the King and Queen of the Netherlands in the near future. They also agreed to plan events to commemorate the fifth anniversary of the comprehensive partnership framework's implementation (2019–2024), the ten years of the strategic partnership framework on sustainable agriculture and food security (2014–2024) and the fifteen years of the framework on climate change adaptation and water management in 2025.

 

The leaders also pledged to take advantage of opportunities brought by the Việt Nam - EU Free Trade Agreement (EVFTA). Prime Minister Chính proposed the Netherlands soon complete the ratification of the Việt Nam - EU Investment Protection Agreement (EVIPA) and urged the EU Commission to remove the illegal, unreported and unregulated (IUU) fishing yellow cards. Chính suggested that the Netherlands assist Việt Nam in putting the Mekong Delta plan into action for the 2021–30 period, with a focus towards 2050 and in developing urban areas in the central coast region to adapt to climate change. He stated that the two nations should strengthen their defence and security cooperation, particularly in shipbuilding, training for UN peacekeeping and in the fight against organised crime and terrorism. Since his first visit to Việt Nam in 2014, Rutte emphasised that he has consistently been interested in the development of the Mekong Delta region. He affirmed his wish to encourage Dutch businesses to invest in Việt Nam, in areas such as high technology, electronic circuit production, semiconductor equipment, seaports, shipbuilding technology, logistics connections and strategic infrastructure. During the phone talks, the two sides also discussed a number of international and regional issues of mutual concern, specifically those regarding the East Sea (internationally known as South China Sea) issue. The two Prime Ministers highlighted the importance of ensuring security, safety, freedom of navigation and peaceful resolution of disputes on the basis of international law, especially the 1982 UN Convention on the Law of the Sea. VNS