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    Home » Finnish delegation in Vietnam to mark 50 years of diplomatic ties
    World Roundup

    Finnish delegation in Vietnam to mark 50 years of diplomatic ties

    Cooperation between the two nations across a number of sectors is expected to be strengthened during the visit.
    Trainee ReporterBy Trainee ReporterMarch 24, 2024
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    Finish delegation at Vietnam
    Image courtesy: Jussi Halla-aho @ X

    Vietnam: Jussi Halla-aho, Speaker of the Finnish Parliament and a high-ranking delegation have started a three-day official visit to Vietnam after receiving an invitation from National Assembly (NA) Chairman Vuong Dinh Hue.

    The representatives were welcomed at Noi Bai International Airport by Vice Chairman Le Anh Tuan of the NA’s Committee for Foreign Affairs, Finnish Ambassador to Vietnam Keijo Norvanto, and others.

    The visit marks Halla-aho’s first trip outside of Europe since he assumed office. The Finnish politician’s decision to only visit Vietnam demonstrates the country’s remarkable place in Finland’s foreign policy. It also emphasises the strong companionship between the two legislatures.

    The three-day visit carries the purpose of commemorating the 50th anniversary of the establishment of diplomatic ties between the two countries (1973-2023). The visit is anticipated to enhance the cooperative associations between the two nations in different sectors, as stated by Don Tuan Phong, Vice Chairman of the Committee for Foreign Affairs of the National Assembly, before the visit.

    Jussi Halla-aho.
    Image courtesy: Jussi Halla-aho @ X

    According to the officials, during the past 51 years, Finland always sustained and extended their traditional friendship and cooperation with Vietnam while giving them much attention and support. Since establishing diplomatic relations, Finland continuously delivered non-refundable assistance to Vietnam with a priority on monetary, commerce, and investment cooperation.

    The two-way trade increased steadily, reaching almost $380 million in 2023. However, this digit is still relatively small, particularly considering the implementation of the EU-Vietnam Free Trade Agreement (EVFTA) in 2020.

    Phong said that Finland’s investment in Vietnam is currently ranked 58th out of 140 countries with 35 valid projects worth over $47 million, which is relatively low compared to Finland’s economic potential and strengths.

    RECOMMENDED | Vietnam’s President resigns amid corruption allegations

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    50 years of Finland-Vietnam Ties EU-Vietnam Links EVFTA 2020 Finland Parliament Finland-Vietnam Diplomatic Ties Finland's non-refundable assistance to Vietnam Finnish delegation in Vietnam Vietnam National Assembly
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    Trainee Reporter

    The news/article published above has been sourced, compiled, and corroborated by a Trainee Reporter at Britain Herald. If you have any queries or complaints about the published material, please get in touch with us at BritainHerald@Gmail.Com

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