PM Nguyen Xuan Phuc to visit Netherlands to boost partnership

A meeting of Vietnam-Netherlands inter government on climate change adaptation and water management (Photo: VNA)

Hanoi (VNA) – Vietnam’s Prime Minister
Nguyen Xuan Phuc and his spouse will visit the Netherlands from July 9-11 to
reinforce and strengthen the bilateral strategic partnership on climate change
adaptation, water management, sustainable agriculture and food security.

The visit takes place at a time when Vietnam and
the Netherlands are enjoying comprehensive developments 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.

The 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 fruits,
cashew nut, coffee, peppercorns, 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.

Tertiary education and transport also play a
crucial role in the bilateral cooperation.

Vietnamese and Dutch localities have also
coordinated to mitigate the impacts of climate change, build green urban areas,
provide clean water and improve waste treatment as well as develop
infrastructure, public transport, and energy.

Nearly 20,600 Vietnamese are living the
Netherlands, according to Statistics Netherlands.-VNA

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