Luxembourg PM's visit hoped to deepen bilateral friendship, cooperation

May 02, 2023

Việt Nam and Luxembourg have shared a sound partnership over the past half a century, with regular exchanges of high-level delegations. The sound bilateral political relationship has motivated the economic and trade cooperation between the two countries. Luxembourg decided not to sign such programmes from 2015 onwards, as Việt Nam became a middle-income country. The mechanism of Việt Nam - Luxembourg Partnership Committee also ended in 2017 following Việt Nam's middle-income status. Regarding securities cooperation, within the framework of the Việt Nam - Luxembourg oriented cooperation programme for the 2006 - 2010 period, the Government of Luxembourg supported the Vietnamese Ministry of Finance's State Securities Commission through a project to develop the capital market in Việt Nam, which was the first bilateral development cooperation project between Việt Nam and Luxembourg.

The source of this news is from Vietnam News