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Denmark to strengthen economic cooperation with Vietnam

Thuy Dung
Tuesday,  Sep 29,2015,19:55 (GMT+7)
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Denmark to strengthen economic cooperation with Vietnam

Thuy Dung

By Thuy Dung - The Saigon Times Daily

New Danish Ambassador to Vietnam Charlotte Laursen speaks at a press conference in Hanoi on September 28 - PHOTO: THUY DUNG

HANOI – Denmark and Vietnam will enter into a new era of economic cooperation with a focus on trade and investment ties after the projects financed by the Nordic country’s official development assistance (ODA) funding are complete in late 2015.

New Danish Ambassador to Vietnam Charlotte Laursen heralded the new chapter in Denmark’s ties with Vietnam at a press conference in Hanoi on September 28.

The ambassador said Denmark has established a strong relationship with Vietnam and given much priority to this ASEAN nation.

Since 1994, Denmark has provided total ODA funding of over US$1.3 billion for Vietnam, thus contributing significantly to socio-economic development in this country. Denmark remains one of Vietnam’s major European ODA donors of grants.

Two-way trade between Denmark and Vietnam has increased by almost 100% since 2010 and 135 Danish firms are active in Vietnam, a significant number for a small country like Denmark.

Laursen said one of her targets is to foster trade and investment ties between the two countries. She expected that Vietnam will become a potential export market for Danish companies in the coming years.

Laursen said the Vietnam-Denmark agreement on comprehensive partnership and the free trade agreement (FTA) between Vietnam and the European Union will lay the foundation for the two countries to strengthen cooperation in different fields including political dialogue, trade, investment, green growth, education, food and culture.

Laursen was deputy head of the Mission at the embassy of Denmark in Vietnam from 2004 to 2007, according to Nhan Dan Online.

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Giấy phép Báo điện tử số: 321/GP-BTTT, cấp ngày 26/10/2007
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