Prime Minister Pham Minh Chinh’s official visit to Romania from January 20-22 affirms Vietnam’s wish to continue promoting and deepening its traditional friendship and multifaceted cooperation with the European country, according to Vietnamese Ambassador to Romania Do Duc Thanh quoted by https://en.vietnamplus.vn/. Prime Minister Pham Minh Chinh’s official visit to Romania from January 20-22 affirms Vietnam’s wish to continue promoting and deepening its traditional friendship and multifaceted cooperation with the European country, according to Vietnamese Ambassador to Romania Do Duc Thanh.The visit at the beginning of a new year, made at an invitation of PM Ion-Marcel Ciolacu, will create a new driving force to promote cooperation between the two countries in many fields, the ambassador told the Vietnam News Agency.During his trip, Chinh will discuss with his counterpart and other leaders of Romania measures to boost bilateral cooperation, especially in fields deemed to have potential for collaboration, and step up the exchange of all-level delegations, effectively implement agreements reached at the 17th meeting of the inter-governmental committee on economic cooperation in Hanoi last November, and promote trade and investment partnership in agriculture, pharmaceuticals, production of medical equipment, and energy.PM Chinh will attend the Vietnam-Romania Business Forum with his Romanian counterpart, meet the business community, witness the signing of cooperation documents, visit several economic establishments, schools and research institutes, and meet some Romanian friends and the Vietnamese community there.The ambassador said that over the past 74 years, political and diplomatic relations between the two countries have been continuously enhanced through high-level visits of the two countries’ leaders, as well as recent high-level meetings between Romanian President Klaus Werner Iohannis and PM Chinh on the occasion of attending the High-Level Meeting of the UN General Assembly in September 2023, and the EU-ASEAN Commemorative Summit in December 2022.Trade cooperation has developed remarkably in recent years, with two-way trade turnover increasing from 261 million USD in 2019 to 425 million USD in 2022.Romania is a traditional partner of Vietnam in Southeast Europe and a gateway for Vietnam to penetrate the markets of EU countries and the Western Balkans. Romania is also one of the first countries to ratify both the EU-Vietnam Free Trade Agreement (EVFTA) and the EU-Vietnam Investment Protection Agreement (EVIPA), Thanh said.He advised businesses from both countries to be well prepared to take advantage of opportunities brought about by tariff reductions according to the roadmap set out by EVFTA./.
Only 145 companies in Romania, out of more than 800,000 active businesses, managed to grow their revenues and remain profitable every year between 2008 and 2024, according to an analysis published by business intelligence platform Termene.ro. The study found that these firms, representing just one in every 5,500 companies (or 0.02% of the total), generated […]
The secretary-general of the Organization for Economic Cooperation and Development, or OECD, Mathias Cormann, was on a visit to Romania on Monday, September 15. The representative had talks with president Nicusor Dan and prime minister Ilie Bolojan, after which he said that Romania may succeed in joining the organization in 2026. Founded in 1961, the […]
Romania’s anti-corruption prosecutors have indicted Timișoara Airport’s former general manager Iulian Daniel Idolu and five board members on charges of abuse of office, alleging they illegally extended Idolu’s mandate without a competitive selection process. The National Anti-Corruption Directorate (DNA) said Iulian Daniel Idolu, who served as general manager of “Traian Vuia” Timișoara...
Romanian car rental company Klass Wagen said that it launched the Autozentrum brand and opened its first subsidiary in Germany, becoming the first Romanian company to sell used cars on the German market. The move marks the beginning of the Klass Wagen Autozentrum European network, through which the group intends to sell used cars directly […]
The Romanian men's tennis team defeated El Salvador 3-1 over the weekend of September 13-14 and secured a spot in the Davis Cup World Group I Play-offs. The tie between the two teams was played within World Group II. In the first match of the tie, Romanian Radu Țurcanu defeated Marcelo Arévalo, 6-7 (3/7), 6-3, […]
France has introduced a pilot program to teach Romanian as a mandatory foreign language in its public school system, marking the first such initiative in the country’s education sector, the Romanian Embassy in Paris announced. The project began at Collège Aimé et Eugénie Cotton in Blanc-Mesnil, a town in the Seine-Saint-Denis department, where many students […]
