Luxembourg holds official welcome ceremony for Vietnamese Prime Minister

Both prime ministers at the welcome ceremony

After the ceremony, the two leaders held talks.

This is the first official visit to Luxembourg by Chinh at a time when the bilateral relations are flourishing after nearly five decades of diplomatic ties, especially in investment and development.

Having invested 2.6 billion USD in Vietnam, Luxembourg is the third largest E.U. investor in the Southeast Asian nation and also one of the E.U. countries that have ratified the E.U. - Vietnam Investment Protection Agreement (EVIPA) early. It views Vietnam as one of the priority partners in development assistance, with total aid reaching 129 million EUR (136.4 million USD).

Prime Minister of Luxembourg Xavier Bettel and Prime Minister Pham Minh Chinh (right)

Prime Minister Pham Minh Chinh's trip is expected to increase political trust, strongly promote the investment pillar, and expand cooperation in potential fields to further consolidate and develop the collaboration between the two countries in time to come, effectively contributing to the sustainable development and response to global challenges for the practical benefit of the two countries' people as well as for peace, stability, cooperation and development in the two continents and in the world.

Source: VNA