Hanoi wants to strengthen cooperation between the Hanoi Association of Major Industrial Products (HAMI) and the Italian Chamber of Commerce (ICHAM) in Vietnam this year and next.

The signing ceremony between the HAMI and ICHAM. Photo: kinhtedothi.vn

Nguyen Manh Quyen, Vice Chairman of the Hanoi People's Committee, expressed his wish at the business matchmaking conference held for Hanoi and Italian companies on June 7.

He assessed this conference as a practical activity, creating conditions for Hanoi’s enterprises to offer key industrial products and cooperate with Italian peers to promote trade, import-export activities, and market development.

At the event, representatives from the HAMI and ICHAM signed a Memorandum of Understanding on cooperation between the two associations to connect, exchange information, and introduce products and services to each other.

Delegates attending the conference put forth their potentials, strengths, and cooperation needs.

Quyen said these activities are aimed at contributing to boosting economic cooperation between Hanoi and Italy's regions, as well as presenting and promoting the image, culture, and people of Hanoi to the Mediterranean country.

Speaking at the conference, Manlio Di Stefano, Deputy Minister of Foreign Affairs and International Cooperation of the Italian Republic said, in recent years, the ICHAM has built a network of nearly 100 members in different fields, which are spread over many provinces in Vietnam.

Among the leading members of ICHAM are Italian foreign-invested enterprises (FIEs) such as ENI (petroleum), ENEL Green Power (green energy), Piaggio Vietnam (engineering, motorcycles), Ariston Thermo Vietnam (heating and energy equipment), HYKD (stretch fabric for sports and swimwear), Datalogic (barcode reader, sensor and mobile), and Bonfiglioli (actuator and control system).

According to the Hanoi Department of Industry and Trade, by the end of 2021, the city recognized 117 products from 81 enterprises as the city’s key industrial products.

Among these businesses, there are ten in the high-tech industry, 20 in the field of electrical electronics, 32 in mechanical engineering and other industries, five in food, six in handicraft production, and 25 TOP 500 leading enterprises of Vietnam.

In 2021, revenue from the enterprises manufacturing key industrial products stood at nearly VND200 trillion (US$8.6 billion), with an export turnover of nearly $2 billion.