New telecoms and space design hub launched in Vietnam

New telecoms and space design hub launched in Vietnam

An advanced design centre in telecommunications and aerospace was launched in Hanoi on September 4 through a strategic partnership between Vietnam and Italy.
Heightening bilateral prospects is of top priority

Heightening bilateral prospects is of top priority

In recent years, trade between Italy and Vietnam has grown significantly. In 2022, the total value of trade surpassed $6 billion, an increase of almost 20 per cent from the previous year. The figure for 2023 was slightly higher, sitting at around $6.1 billion.
Italy and Vietnam on track for extensive partnership

Italy and Vietnam on track for extensive partnership

From an economic point of view, Vietnam and Italy have many similarities, such as the percentage of small- and medium-sized enterprises, family-run companies, and evolution of private companies in the economy, among others.