Vietnam Expects to Welcome More Austrian Investors: President
Vietnam expects Australian investors would further expand their business and investment into the country, contributing to the bilateral diplomatic and trade cooperation, Vietnamese President Triet told the visiting guest Martin Bartenstein in Hanoi.
Speaking with Austrian minister of economy and labor, who was on a two-day visit to Vietnam from March 5-6, the president expressed his hope that Austria would help Vietnam enhance its trade exchanges with the European Union (EU).
The Austrian minister, for his part, said that his country wanted to develop trade and investment ties with the ASEAN bloc and called on the Vietnamese government’s support to penetrate into the 500-million population market.
During his trip, the first made by an Austrian minister of economy to date, Martin Bartenstein worked with Vietnam’s ministries about some cooperative projects, including construction project of a metro route in Ho Chi Minh City.
For the project, Austria’s ministry of finance is planning to give Vietnam a soft loan worth EUR35 million, the minister noted.
He was accompanied by a delegation of 20 leaders of Austrian commerce, headed by the Vice President of the Austrian Federal Economic Chamber, Richard Schenz.
Vietnam and Austria officially set up diplomatic ties in January 1973.
The two nations have cooperated in fields of infrastructure, health care, communication and especially in education. (The People, Labor)
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