09 July 2017

PM Nguyen Xuan Phuc begins visit to the Netherlands

Prime Minister Nguyen Xuan Phuc and his spouse arrive at Amsterdam Airport Schiphol, the Netherlands on July 8. (Photo: VNA)

Amsterdam (VNA) – Prime Minister Nguyen Xuan
Phuc, his spouse and entourage arrived in Amsterdam on late July 8 (local time),
commencing a visit to the Netherlands at the invitation of his Dutch
counterpart Mark Rutte.

He was greeted at Schiphol Amsterdam airport by Dutch
Minister of Defence Jeanine Hennis-Plasschaert and diplomats from Vietnam and
the Netherlands.

During his visit to the Netherland until July 11, Prime
Minister Phuc will meet with his Dutch counterpart Mark Rutte. The two leaders will
witness the signing of documents for cooperation between the two governments
and businesses from the two countries.

He is also scheduled to meet with leaders of the Dutch
parliament and senior governmental and local officials as well as
representatives of the International Court of Justice and International Court
of Arbitration. He will attend a Vietnam-Netherlands business forum and a
round-table talk with major enterprises and investors from the host country.

The visit which lasts till July 11 takes place at a time when
Vietnam and the Netherlands are enjoying comprehensive development in their
relations, setting a model for dynamic and effective cooperation between a
Southeast Asian country and a European nation.

The two countries have defined climate change
adaptation, water management, agriculture, energy, sea-based economy, and
logistics services as prioritised cooperative fields.

Bilateral trade has continuously increased in recent years
with Vietnam recording trade surplus. The Netherlands is now one of the biggest
export markets of Vietnam in Europe.

In the first five months of 2017, two-way trade hit 2.9
billion USD. Vietnam mainly exported seafood, vegetables and fruit, cashew nut,
coffee, peppercorn, rice, chemical products, and plastics, while importing
machines, equipment, automobile spare parts, and dairy and pharmaceutical
products.

The Netherlands is among the largest European investors in
Vietnam, ranking 11th out of the 119 countries and territories investing in
Vietnam with 287 projects worth 7.7 billion USD.

After establishing diplomatic ties with Vietnam in 1973, the
Netherlands began providing non-refundable official development assistance
(ODA) for the Southeast Asian country, mainly in humanitarian activities,
education-training, and healthcare.

From January 2014, the Netherlands shifted its
relations with Vietnam to “trade partnership” with a focus on promoting
bilateral trade and investment.


In 2010, the two sides established a strategic partnership on
climate change adaptation and water management. Later in 2014, they signed
a strategic partnership agreement on sustainable agriculture and food
security.-VNA



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