Politics · Vietnam Bureau
Vietnam leader hails Belgium's backing of EU investment pact
Vietnam's top leader To Lam praised Belgium's approval of a landmark EU-Vietnam Investment Protection Agreement during talks with Belgian parliamentary officials. The endorsement marks a significant step in strengthening economic ties between Vietnam and the European Union.
LSN Vietnam ·
General Secretary and President To Lam welcomed Belgium's ratification of the EU-Vietnam Investment Protection Agreement during meetings with senior Belgian legislative leaders on October 23, underscoring Hanoi's commitment to deepening bilateral and multilateral economic partnerships.
The high-level talks, held as part of To Lam's official state visit to Belgium, included separate meetings with Senate Speaker and House President, as well as the Minister-President of Flanders, Belgium's largest region. The discussions reflected the strategic importance both nations place on strengthening investment frameworks and trade relations.
Belgium's parliamentary approval represents a crucial milestone for the investment protection accord, which aims to safeguard and promote mutual investments between Vietnam and EU member states. The agreement is expected to create more favorable conditions for European businesses operating in Vietnam and Vietnamese enterprises investing in Europe.
The meetings signaled Vietnam's broader push to expand economic cooperation with European partners amid shifting regional dynamics. Belgium, as a key EU member and home to major EU institutions, plays a significant role in shaping the bloc's policy toward Vietnam and Southeast Asia.