The newly-signed Vietnam-EFTA Free Trade Agreement will, among other things, eliminate tariffs on Norwegian seafood, lowering costs for Vietnamese consumers and boosting bilateral trade.
At the forum that took place on October 9 afternoon, Vietnamese Prime Minister Le Minh Hung said that economic, trade and investment cooperation constitutes an important pillar of bilateral ties, which has achieved positive results. However, considerable room remains for further expansion to match the strong political ties and the potential of both countries.
Prime Minister Le Minh Hung urging both countries to implement practical solutions to facilitate market access for each other's key export products, and eliminate technical barriers.
Both sides agree to accelerate connectivity in transport infrastructure, border gates, logistics and supply chains to facilitate trade and investment, as part of measures to fulfil the goal.
Vietnamese Prime Minister Le Minh Hung and Russian President Vladimir Putin agreed to boost effective implementation of high-ranking cooperation agreements.