Vietnam - Italy trade - investment relations continue to expand
On September 18, 2025 (local time) in Milan, the Ministry of Finance organized the 2025 Investment Connection Forum, with the participation of leaders of units under the Ministry and nearly 200 representatives of enterprises, banks, and investment funds of Vietnam and Italy.
Speaking at the forum, Minister Nguyen Van Thang said that Vietnam's economy continues to maintain positive growth in the context of a volatile global economy. In 2024, GDP will reach 7.09%. In the second quarter of 2025, GDP growth will reach 7.96%, creating a basis for completing the whole year target of over 8%.
In the first 8 months of 2025, total foreign investment capital in Vietnam reached 26.14 billion USD, up 27.3% over the same period last year. The estimated stock market capitalization of GDP in 2024 will reach 103.75% of GDP, with 1,600 companies listed and registered to trade. Market liquidity is at the top of ASEAN, averaging more than 1.1 billion USD per day.
The Minister emphasized that Vietnam is perfecting the legal framework, approaching international practices, ensuring transparent and sustainable development, creating favorable conditions for foreign investors.
Vietnam - Italy bilateral relations have continued to develop since the establishment of the Strategic Partnership in 2013. Italy is currently Vietnam's third largest trading partner in the EU. In the first seven months of 2025, two-way trade turnover reached more than 4.3 billion USD, up 5.1% over the same period in 2024; of which exports to Italy reached 3.1 billion USD, imports reached 1.2 billion USD. Italy currently has 162 projects in Vietnam with a total registered capital of more than 624 million USD, while Vietnam has 11 investment projects in Italy with nearly 700 thousand USD.
Italy wishes to strengthen cooperation with Vietnam
Mr. Raffaele Cattaneo - Defense Minister of the Lombardy region - highly appreciated the potential for cooperation, saying that the direct flight between Vietnam and Milan makes trade more convenient. He expressed his desire to expand cooperation between Lombardy and some localities in Vietnam to promote effective investment.
Minister Nguyen Van Thang affirmed that the Vietnamese Government is determined to improve the investment and business environment, remove bottlenecks and promote new growth drivers. Vietnam prioritizes attracting high-quality investment in the fields of green economy, digital economy, circular economy, science and technology, renewable energy, green finance, agriculture and high-tech industry.
At the forum, the Vietnamese Embassy in Italy, the Italian - Vietnamese Chamber of Commerce (CCIV), and representatives of Vietnamese banks such as Vietcombank, BIDV and a number of Italian enterprises introduced cooperation results, investment opportunities and financial, banking and securities services.
