Prime Minister visits Prahova county in Romania

During a meeting with officials of Prahova and the Romanian county's Chamber of Commerce and Industry, Prime Minister Pham said Viet Nam treasures Romania’s assistance and support.

He said that he is impressed with Prahova’s development, particularly in IT application, digital transformation, public service management, and social security ensuring.

The Government chief highly spoke of the achievements in the cooperation in manpower training for the oil and gas industry, a young sector but also a substantial contributor to Viet Nam’s development over the nearly 40 years of reforms.

There remains huge potential for locality-to-locality cooperation, which has an important role to play in the two countries’ relations, he said.

The leader went on to say that some localities of Viet Nam and Romania are set to sign cooperation memoranda during his visit.

Prime Minister Pham said Viet Nam stands ready to cement and deepen ties with Romania, including Prahova, renew old cooperation driving forces, and promote new ones, especially in emerging areas and big trends of the world that both sides have demand for such as digital economy, green economy, circular economy, and sharing economy.

The two economies own abundant complementary advantages. Viet Nam has a population of about 100 million while Romania about 23 million, labor could be a new cooperation impulse.

Viet Nam will continue investing in and expanding major oil and gas projects, so the two sides can foster partnerships in investment, technology transfer, and manpower training.

He suggested the two countries utilize digital transformation and e-commerce and increasing authorities’ assistance for businesses in a bid to minimize the geographical distance disadvantage.

In reply, Romanian officials said Viet Nam has posted fast growth for years, signed many free trade agreements, and made good use of chances generated by global economic and political changes.

They were convinced that Viet Nam will be the next “tiger” of Asia, calling on businesses of Romania and Prahova to seize investment and cooperation opportunities offered by the Southeast Asian country.

In return, Romania can act as a gateway for Vietnamese goods to enter the European market with a combined population of 500 million./.