EuroCham Vietnam attended Asean – EU Business Summit in Singapore joined by Swedish EU Trade Commissioner Cecilia Malmstroem, International Trade and Industry Ministers as well as European chambers in SEA. Topics of discussion cover Asean integration, digital economy, FDI climate in SEA, urbanisation and infrastructure.
EU Commissioner Cecilia Malmström informed on EVFTA progress and emphasized long-term vision of region to region FTA between EU and ASEAN. She also stressed that trade is good but not at all price: sustainability and respect of international committments to Labour standards and CSR are important. EuroCham Co-Chair Dr. Gellert Horvath emphasized the importance of the EVFTA for European business in Vietnam and shared in a closed session yesterday up-date on developments in Pharma, Automotive and Wine & Spirits sector with Commissioner Malmstroem and representatives of DG Trade.