Italian Business Mission to Vietnam 2017 kicks off in Hanoi

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Ambassador Cecilia Piccioni outlines the opportunities for Vietnamese and Italian businesses to work to gether

Ambassador Cecilia Piccioni outlines the opportunities for Vietnamese and Italian businesses to work together


Hanoi, 27 November 2017 – The three-day event ‘Italian Business Mission to Vietnam 2017’ - a unique opportunity for Vietnamese and Italian businesspeople from companies, banks and associations to shape their future cooperation, kicks off today at the Melia Hotel in Hanoi. The event is organized from 27 to 28 November in Hanoi and 29 November in Ho Chi Minh City, by the Italian Trade Commission (ICE), the Italian Banks’ Association (ABI) and the Italian Confederation of Industry Associations (Confindustria) with strong support from the Vietnamese Chamber of Commerce, and Industry (VCCI), Vietrade and the Embassy of Italy.

A delegation of 150 delegates representing Italian world leading brands from renewable energy to infrastructure and machinery and technologies, banks and entrepreneurial associations led by Mr. Ivan Scalfarotto, Italian Deputy Minister of Economic Development whose official counterpart is Mr. Hoang Quoc Vuong, deputy Minister of Industry and Trade, will meet with more than 200 Vietnamese counterparts during this special match-making event. The Italian delegation is also led by the President of ICE, Michele Scannavini, the Vice president for Internationalization of Confindustria, Ms. Licia Mattioli and Vice president of ABI, Ms. Guido Rosa.

To date, Italy was known primarily for textile, leather & footwear, food processing & packaging, plastic or building material industries by providing equipment and technologies for the Vietnamese industry. This year, Italy wants to raise to a new height, providing more advanced technology equipment, automation, at competitive prices and high productivity, whereas also focuses on more sustainable development sectors for Vietnam, namely infrastructure and renewable energy. At present, Vietnam still knows little about Italian companies capable of building large projects, and we want to change this perception.” said Mr. Ivan Scalfarotto in his opening speech at the business forum.

The main activities include a business forum at Ministerial level with leaders of both countries, three roundtables on focus sectors namely infrastructure and transport; power generation and green technology; and machinery and technologies as well as two business-to-business (B2B) meetings sessions in Hanoi on 28 November and Ho Chi Minh City on 29 November. Approximately 600 B2B meetings will offer an opportunity for each Italian participating company to meet directly up to 10 potential partners according to agendas based on its specific requests.  A key highlight of the this year’s Mission is the inauguration of the textile research and application center located in the HCMC University of Technology on 29 November.

Italy does not only wish to cooperate in the area of trade as previous years, but Italy wants to help Vietnam develop, support both human training and skills development. To date, Italy has provided technological and financial support to establish a leather and footwear technological, training and application center in Binh Duong province which was inaugurated in July this year.” said Mr. Ivan Scalfarotto

Many of the delegates are interested in providing products and services to Vietnam while others are seeking suppliers or looking for investment opportunities. A comprehensive list is available on the ITC website or from the ITC office in Ho Chi Minh City.

Italian Business Mission to Vietnam 2017 also sees two MOUs (Memorandum of Understanding) to be signed, one between the Confidustria Marmomacchine and the Vietnam Association for Building Materials and the Luc Yen White Marble Association and the other between Italy Chamber of Commerce and Vietnam’s General Department of Customs.

There is much more to the Italian brand than just designer clothes, cosmetics, footware and wine. We welcome Vietnamese companies to come and discover the spirit of “Made in Italy” and meet face-to-face with top-tier Italian companies in the areas of Power Generation and Renewable Energy, Green Technology Infrastructure and Transport and Machinery & Technologies.’ Said Mr. Paolo Lemma, Italian Trade Commissioner in Vietnam

Italy is now a pivotal trade partner of Vietnam within the European Union with two-way trade reaching $4.6 billion last year and $2.11 billion in the first 5 months of this year, increasing by nine per cent on-year.


About the Italian Trade Commission in Vietnam:


The Italian Trade Commission (ITA) in Vietnam is a non-profit governmental organization with the purpose of helping Italian businesses and investors to find opportunities and invest in Vietnam.

The ITA’s office contributes to boost the globalization of Italian companies, in line with the strategy of the Italian Ministry of Economic Development. ITA provides information, supports and advise Italian and foreign businesses to cooperate and invest in each country.

Beside the headquarter in Rome, ITA also operates a number of trade promotion office all over the world in association with Italian embassies and consulates, as well as in cooperation with local authorities and businesses.