Welcoming Danish Minister for Development Cooperation Ulla Tørnæs in Hanoi on May 5, PM Phuc noted that Denmark is among the first West European countries to invest in Vietnam and is now an important trade-investment partner of the country.

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PM Nguyen Xuan Phuc (4th from R) and Danish Minister for Development Cooperation Ulla Tørnæs 

He called on more Danish companies to invest and do business in Vietnam.

Vietnam hopes that Denmark will use its prestige and position to push for the signing and approval of the free trade agreement between Vietnam and the European Union, Phuc said.

ON her part, Minister Ulla Tørnæs said she was impressed by Vietnam’s economic growth, adding that the bilateral trade between Denmark and Vietnam has been on the rise and more and more Danish enterprises have noticed Vietnam.

The minister stressed that she hopes for the early signing and approval of the EU-Vietnam FTA, which will facilitate trade between Vietnam and Denmark.

She suggested the two countries expand cooperative ties to areas of Denmark’s strength, such as food safety, animal husbandry and particularly renewable energy, as 70 percent of power used by Denmark comes from renewable energy.

The minister appreciated Vietnam’s efforts to improve the business environment, facilitate investment and fight corruption, urging the country push ahead with those efforts.

Source: VNA