Investment

The central city aims for the digital economy to contribute 27% of its GRDP.

At their talks in Brussels on October 23, in terms of the economy, trade and investment, the two leaders called for breakthroughs and larger-scale strategic projects in areas where Belgium has traditional strengths and Vietnam has pressing needs, including seaport development, smart logistics chains, green energy, eco-industrial parks and climate-resilient high-tech agriculture.

The leaders reaffirmed their commitment to deepening the partnership, including through Global Gateway investments and the Just Energy Transition Partnership.

Cooperation should go beyond expanding trade and investment to improving its quality, increasing technological content, raising development standards and competitiveness, and strengthening the position of businesses from both sides in global value chains, General Secretary of the Communist Party of Vietnam Central Committee and President To Lam said.

At their talks in Brussels on October 22, the two leaders agreed to explore and promote maritime economic cooperation as a new pillar of bilateral relations.

All operational preparations expected for completion in October with the aim of facilitating actual transactions from November.