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October 7, 2022

Vietnamese Deputy PM visits Romania. ForMin Melescanu: Seeking to increase and develop economic exchanges with Vietnam. PM Dancila says Romania’s Gov’t wants to expand economic relations with Vietnam in oil industry

Minister of Foreign Affairs Teodor Melescanu said on Friday that Romania seeks to increase and develop economic exchanges with the Socialist Republic of Vietnam and even out the economic balance by substantially increasing Romanian exports to this country.

“The official visit to Romania of Mr. Deputy Prime Minister of Vietnam is a direct and strong signal about the determination of the two governments to boost relations between our countries, which are based on a long-standing cooperation and friendship, as well as on similar interests. (…) I conveyed to my Vietnamese counterpart Romania’s firm interest in strengthening traditional relations with the Socialist Republic of Vietnam, with emphasis on economic cooperation driven by the strong dynamics and the complementarity of the two economies, as well as by the favorable context created by the signing of the Partnership and Cooperation Agreement with Vietnam and of the EU – Vietnam Free Trade Agreement. (…) We also discussed the major developments regarding the development of economic and sector relations, education and culture. (…) We seek to grow and develop economic relations and at the same time even out the economic balance, by substantially growing Romanian exports to Vietnam, given that it is now running a deficit for Romania,” Melescanu said at the end of the meeting at the premises of the Ministry of Foreign Affairs with Vietnamese Deputy Prime Minister and Foreign Affairs Minister Pham Binh Minh, who is currently on a visit to Romania.

The Romanian chief diplomat added that talks with his Vietnamese counterpart focused on energy, the oil and gas industry, petrochemistry, shipbuilding, the industry of construction materials, the pharmaceutical industry, infrastructure, IT, scientific and technological research.

“We looked with particular attention at intensifying cooperation on education, which has been a constant benchmark for Romania – Vietnam relations. In this context, I conveyed to Mr. Minister our high appreciation for the role played by the almost 4,000 Vietnamese alumni of Romanian universities, some of whom hold important positions in administration, economy and the scientific sector, and who act like a genuine connecting bridge between the societies of Romania and Vietnam, between our countries. I thanked Mr. Deputy Prime Minister and the Vietnamese authorities for their support with opening an honorary consulate of Romania in Ho Chi Minh, the country’s economic metropolis, and expressed my conviction that this honorary consulate will play an important part in further supporting our economic relations, but also in the line of culture, education and other activities,” Melescanu said.

In his turn, the Vietnamese high official said that his country attaches particular importance to relations with Romania and wants to confer new impetus to the traditional relation of friendship between Vietnam and Romania that has an almost 70-year long history. The sides agreed to sign important agreements, contributing to directing and setting in place the cooperation framework for the next period, such as the cooperation agreement on crime prevention, the labor cooperation agreement and a cultural cooperation program for the period 2019 – 2021, said Pham Binh Minh.

The Memorandum of Understanding on cooperation between the Romanian Diplomatic Institute and the Diplomatic Academy of Vietnam was signed at the Romanian Ministry of Foreign Affairs.


PM Dancila says Romania’s Gov’t wants to expand economic relations with Vietnam in oil industry


Romania’s Prime Minister Viorica Dancila on Friday told visiting Deputy Prime Minister and Minister of Foreign Affairs of Vietnam Pham Binh Minh that the Romanian government is attaching special importance to expanding and diversifying economic relations with Vietnam in areas such as the oil and gas industries.

According to a press statement released by the Romanian government, Dancila welcomed Pham Binh Minh on an official visit to Bucharest on Friday.

“During the talks, the Romanian prime minister expressed appreciation for the traditional collaboration between the two countries and showed that the presence in Romania of the high-ranking Vietnamese official reflects the common interest in strengthening the Romanian-Vietnamese relations,” according to the statement.

At the same time, the two officials underlined the importance of intensifying the bilateral political dialogue to boost co-operation between Romania and Vietnam as a whole.

“The head of the executive pointed to the special importance attached by the Romanian government to the expansion and diversification of economic relations with Vietnam in areas such as the oil and gas industries, petro-chemistry, aeronautics and defence, the construction materials industry, and emphasised that the opportunities for economic co-operation are sustained by the complementarities and robust growth paces of the two economies,” the statement said.

Dancila also voiced hope that the visit of the Vietnamese diplomat will boost bilateral ties in other areas, including education, culture, research and tourism.

At the same time, it was mentioned that Romania will hold the presidency of the Council of the European Union in the first half of 2019, when the intensification of the EU-Vietnam dialogue will be pursued, contributing to the development of economic, trade and investment relations between the two countries

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