Vietnam and Malta have taken steps to increase cooperation in trade, investment, and finance, following a recent working visit by a delegation from the National Financial Supervisory Commission of Vietnam. The delegation, led by Chairman Vu Viet Ngoan, visited Malta on November 4-5, where they had working sessions with Malta’s Finance Minister and the Chairman of the Malta Financial Services Authority. The two sides signed a cooperation agreement which will serve as a basis for future collaboration, particularly in the area of human resources training.
Here are some key takeaways:
- Vietnam, Malta increase cooperation in trade, finance
- Malta supports Vietnam-EU free trade agreement
- Maltese firms to visit Vietnam for investment partnerships
Maltese Firms Express Support for Vietnam-EU Free Trade Agreement
During the round-table workshop, Maltese firms expressed their support for the early signing of the Vietnam-EU free trade agreement, seeing the Southeast Asian nation as a gateway to the ASEAN market. In response, the Vietnamese and Maltese sides agreed to increase coordination and stimulate cooperation in the economy, trade, and investment, including the acceleration of agreements on double tax avoidance and investment protection.
Vietnamese and Maltese Sides Agree to Deepen Cooperation in the Financial and Economic Sectors
In the near future, a group of Maltese businesses will visit Vietnam to seek business and investment partners. These initiatives demonstrate the strong commitment of both countries to deepen their collaboration and tap into each other’s potential in the financial and economic sectors.