Gitanas Nausėda emphasized that, despite the geographical distance between Lithuania and Vietnam, businesses in both countries have ample opportunities to cooperate. Vietnam is the fastest growing economy in Southeast Asia, and the Lithuanian economy is one of the fastest growing in Europe. The President also stressed that both countries pay much attention not only to traditional economic sectors, but also develop new directions, such digital, green, knowledge-based, and innovation-driven economies.
The Lithuanian leader emphasized priority areas for bilateral cooperation: energy, food industry, textiles, chemical industry, as well as high-value-added sectors such as life sciences, information and communication technologies, renewable energy, and engineering.
The President invited representatives of the Vietnamese public and private sectors to participate in the Life Sciences Baltics Forum to be held in Vilnius in September this year, emphasizing that the Lithuanian life sciences sector is one of the most advanced in Central and Eastern Europe.
In his speech, the President also highlighted Lithuania’s potential as a global financial technology center. The Head of State noted that Lithuanian companies have already implemented successful projects in Vietnam and other countries of Southeast Asia.
The President welcomed Lithuania’s achievements in the field of energy and proposed cooperation in solar energy and liquefied natural gas terminal development projects, sharing Lithuania’s international experience gained at the Klaipėda LNG terminal and other countries.
Speaking about the transport and logistics sector, the President highlighted the development projects of the Klaipėda Seaport. The Lithuanian food industry sector’s exports to Vietnam and the development of sustainable agriculture were also highlighted.
“Our goal is not only to successfully export Lithuanian goods and services, but also to establish reliable relations with suppliers in Vietnam, especially in the engineering sector,” said the President.
Gitanas Nausėda concluded by welcoming the cooperation agreements between Lithuanian and Vietnamese institutions that were signed during the visit in the fields of energy, innovation, industry, maritime transport and logistics, and agriculture.
