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Tuesday, 12 July

Prime Minister of Romania, Dacian Ciolos to pay official visit to Vietnam

Press information on Prime Minister Dacian Ciolos’ official visit to the Socialist Republic of Vietnam


The schedule of Prime Minister Dacian Ciolos’ official visit to Hanoi has included today a meeting with the members of the Romania –Vietnam Friendship Association, organisation that brings together most of the more than 3,500 Vietnamese students who studied in Romania.

In this context, Prime Minister Dacian Ciolos has announced that the Romanian Government will double the number of scholarships granted to Vietnamese students who want to study in Romania and he has outlined his encouragement of the conclusion of inter-university agreements to bolster an efficient cooperation between higher education institutions in Romania and Vietnam.

We recall that following yesterday's meeting between Prime Minister Romanian Dacian Ciolos and his Vietnamese counterpart, Nguyen Xuan Phuc, a cooperation programme was signed in the field of education and training for 2016-2020, between the Ministry of National Education and Scientific Research of Romania and the Ministry of Education and Training of Vietnam. Whereby this programme, the Government will grant 20 scholarships to Vietnamese students.

Prime Minister Dacian Ciolos has also met with Quang Ninh province's local authorities who have expressed their interest in creating a twinning with a county in Romania.

Note: Images from the event organized by the Romania-Vietnam Friendship Association can be found at this link (Day 3 Vietnam-Romania Friendship Association)

Video captures on


Joint statement by Prime Minister Dacian Ciolos and Prime Minister of the Socialist Republic of Vietnam, Nguyen Xuan Phuc


1.Prime Minister of Romania Dacian Ciolos paid an official visit to Vietnam, from 11 to 14 July 2016, at the invitation of the Prime Minister of the Socialist Republic of Vietnam, Nguyen Xuan Phuc. During the visit, Prime Minister Dacian Ciolos met with the Prime Minister Nguyen Xuan Phuc and was received by the Secretary General Nguyen Phu Trongm and the President Tran Dai Quang. Also, Prime Minister Dacian Ciolos participated in the Vietnam –Romania Business Forum, where he met with representatives of the Vietnam –Romania Friendship Association and visited the Quang Ninh province.
2.In a friendly atmosphere of mutual understanding, the two Prime Ministers reviewed the political, social, and economic developments in their countries, as well as their foreign policy and economic priorities. The parties discussed also international and regional topics of common interest.
3.Prime Minister Nguyen Xuan Phuc reaffirmed that the Socialist Republic of Vietnam always attached a great importance to friendship and cooperation in various fields with traditional partners from Central and Eastern Europe, including Romania: congratulated Romania on its robust national development and achievements following the European integration. Prime Minister Dacian Ciolos appreciated the impressive outcomes obtained by the Vietnamese people in the economic and social development. The two Prime Ministers appreciated the value of the traditional friendship between Romania and the Socialist Republic of Vietnam  and welcomed the substantial progress in all fields of bilateral cooperation over the last 66 years, acknowledging a significant potential for extended cooperation. The two Prime Ministers outlined their special interest for the future development of bilateral relations.
4. The two parties emphasized the special importance of the political dialogue for deepening mutual understanding and trust between the two countries, as well as for strengthening the bilateral relationship. To this end, the two Prime Ministers agreed to intensify high-level bilateral dialogue and to seize the opportunities offered by conferences and other international events to exchange views on issues of common interest.
5. The two Prime Ministers agreed to expand and diversify economic cooperation, extending special attention to some key areas such as: trade, energy, banking sector, agriculture, industry, infrastructure, information technology, science and technology, environmental protection, climate changes, tourism and other areas of common interest. They also agreed to analyze possibilities for cooperation between industrial parks, business clusters and poles of competitiveness in Romania and the Socialist Republic of Vietnam, and encouraged mutual participation in international fairs organized by each party. The business forum organized on the sidelines of the official visit to the Socialist Republic of Vietnam and the fifteenth session of the Joint Economic Commission held in Hanoi in mid-June 2016, provided favorable conditions for businesspeople and investors from both countries to examine opportunities of pragmatic cooperation.

The two Prime Ministers welcomed the leading role undertaken by the Chamber of Commerce and Industry of Romania and the Chamber of Commerce and Industry of the Socialist Republic of Vietnam to further develop the economic agenda and endorse future business efforts and contacts.

The two sides welcomed the conclusion of negotiations on EU-Vietnam Free Trade Agreement and considered that the signing and rapid implementation of the document will contribute significantly to boosting trade and investment flows between Romania and the Socialist Republic of Vietnam and will pave the way for the future recognition of the Socialist Republic of Vietnam’ status as market economy .

6.The two parties emphasized the importance of strengthening bilateral cooperation in the fields of science and innovation and agreed to accelerate the conclusion of the new Cooperation Programme between the National Authority for Scientific Research and Innovation of Romania and the Ministry of Science and Technology from the Socialist Republic of Vietnam for 2017-2018.
7. The two Prime Ministers also welcomed the signing on this visit, of some important documents that would contribute to expanding bilateral cooperation, as follows:

Cooperation programme in the field of culture between the Culture Ministry of Romania and the Ministry of Culture, Sports, and Tourism of the Socialist Republic of Vietnam, with a view to promoting the perennial values and traditions of the two countries and nations.
The programme of cooperation in education and training between the Ministry of Education and Scientific Research of Romania and the Ministry of Education and Training of the Socialist Republic of Vietnam for 2016-2020.
Memorandum of Understanding between CNTEE Transelectrica S.A. and VietNam Electricity, to strengthen energy cooperation.
Memorandum of Understanding between the Chamber of Commerce and Industry of Romania and the Chamber of Commerce and Industry of the Socialist Republic of Vietnam.


8. The Romanian Prime Minister announced the decision to double the number of governmental scholarships granted to Vietnamese young people who want to study in Romania. Over the last 66 years, Romania has granted scholarships for more than 3500 Vietnamese students whereby governmental programmes and bilateral cooperation programmes between Romanian and Vietnamese universities. The two parties noted with satisfaction the academic cooperation outlined by the recent signing of Memorandums of Understanding between the Petroleum &Gas University of Ploiesti, Romania and University of Petroleum Ba Ria-Vung Tau of Vietnam, between "Alexandru Ioan Cuza" University of Iasi and the University of Social Sciences in Hanoi, respectively, Phuong Dong University of Vietnam.
9. The two Prime Ministers acknowledged the need to strengthen cooperation between competent authorities in law enforcement and welcomed the prospect of signing the Agreement on cooperation in preventing and combating terrorism, organized crime and other crimes. The parties strongly condemned international terrorism and violent extremism in all its forms and manifestations and expressed their determination to deepen cooperation in these fields.
10. The two Heads of Government agreed to support the intensification of interpersonal contacts as an important way of increasing mutual understanding and sustainable development of bilateral relations.

The two Prime Ministers recognized the prominent role of Vietnam-Romania Friendship Association in promoting friendly relations,  the economic and cultural exchanges between the two countries in the 25 years since its creation, by building a solid bridge between the two nations.

11. The two Heads of Government noted with satisfaction the sustained cooperation between the two countries’s local authorities, after the model of dynamic exchanges between the cities Iasi and Hue, Timisoara and Da Nanag, Hunedoara and Ninh Binh, Prahova and Hoa Binh, which confers substantial added value to Romanian –Vietnamese relations. The parties decided to boost and diversify this cooperation framework. To this end, Prime Minister Ciolos visited Quang Ninh province and had meetings with senior local authorities, which provided new ideas about ways to expand cooperation between local authorities and NGOs in the two countries.
12. The two Prime Ministers debated regional and international topics of common interest and emphasized the excellent cooperation between Romania and the Socialist Republic of Vietnam within ASEM cooperation format. As the forthcoming 11th ASEM Summit to be held in Ulaanbaatar, from 15 to 16 July 2016, marks two decades of cooperation between Europe and Asia, the two parties reiterated the ASEM role as important dialogue framework which contributes to peacekeeping, security and economic growth. The two Prime Ministers expressed their firm support for the ASEM process development and acknowledged the theme of connectivity as key factor for boosting confidence and stability. This partnership is essential for both Europe and Asia, because it support the joint resolution of global and regional challenges. To this end, the two Heads of Government emphasized the support for a peaceful resolution of disputes, on grounds of international law, including UNCLOS.
13. The two parties decided to cooperate with a view to implementing the Danube – Mekong sub-regional projects, agreed within ASEM/ Dialogue for sustainable development, with participation of central and local authorities. In this respect, they welcomed the comprehensive implementation of the Memorandum of Understanding between Tulcea, situated in the Danube Delta and the Ben Tre Vietnamese province, situated in the Mekong Delta, signed on the sidelines of the ASEM Summit held in Milan, in 2014.  The Danube –Mekong Initiative represents a valuable instrument for launching new projects as part of the Europe-Asia cooperation agenda.
14. The two parties decided to further strenghten the bilateral cooperation within UN, ASEM and under the auspices of the EU-Vietnam and EU-ASEAN cooperation mechanisms.
15. Prime Minister Nguyen Xuan Phuc thanked the Romanian Government for creating a conducive life, work and business environment, for the Vietnamese community from Romania. Prime Minister Dacian Ciolos particularly appreciated the contribution of the Vietnamese community from Romania to strengthening and promotion of the friendship between the two countries. Prime Minister stated that Romania would continue to support the Vietnamese community to prosper and integrate in the local community.
16. The parties expressed their satisfaction for the outcome of Prime Minister Dacian Ciolos’ official visit and argued that this represents a very significant political event in the consolidation and promotion of the traditional relations of friendship and cooperation in various fields between Romania and the Socialist Republic of Vietnam.
17. Prime Minister Dacian Ciolos thanked the Vietnamese authorities for the warm reception of the Romanian delegation. On this occasion, he invited Prime Minister Nguyen Xuan Phuc to visit Romania. Prime Minister Nguyen Xuan Phuc expressed his sincere thanks and accepted the invitation. The visit schedule will be established via diplomatic channels.





During the official visit paid today to Hanoi, Prime Minister Dacian Ciolos had meetings with his Vietnamese counterpart, Nguyễn Xuân Phúc, with the President of the Socialist Republic of Vietnam Trần Đại Quang, and with the Secretary General Nguyễn Phú Trọng.

The visit to Hanoi occasioned the resumption of contacts at the level of prime minister between the two countries after 21 years and the relaunch of economic and sectoral cooperation with the Socialist Republic of Vietnam – Romania’s traditional partner in Asia.

During the official meeting, both Prime Ministers identified new opportunities for economic cooperation in areas such as: energy, industry, agriculture, banking sector, infrastructure works, IT, science and technology, sustainable development and tourism.

Special attention was extended to the energy sector,  Romanian companies Transgaz and Transelectrica signing Memoranda of Understanding with specialized companies in Vietnam.

The Cooperation Programme for 2016 – 2020 in the field of education and training, between the Ministry of National Education and Scientific Research of Romania and the Ministry of Education and Training of Vietnam, as well as the Cooperation Programme in the field of culture, between the Ministry of Culture of Romania and the Ministry of Culture, Sports and Tourism of Vietnam, were signed on this visit.

The two parties also expressed their satisfaction for the conclusion of negotiations on the EU-Vietnam Free Trade Agreement, and indicated that its entering into force would provide a comprehensive economic cooperation franework, with beneficial impact on boosting trade and investment.

Last but not least, they discussed issues of international and regional interest pertaining to Asia -Europe cooperation, in the perspective of ASEM Summit to be held in Mongolia, from 15 to 16 July, and which will be attended by the two Prime Ministers too.

The Vietnam –Romania Business Forum, organized by the Chambers of Commerce and Industry of the two countries, took place on the sidelines of this visit. In his address, the Head of the Romanian Executive outlined the current possibilities of substantial cooperation and reciprocal investments. At the same time, the presidents of the Chambers of Commerce of the two countries signed a cooperation protocol.



Transelectrica and Transgaz signed in Vietnam, Memorandums of Understanding for future collaboration in areas of bilateral interest


The representatives of SNTGN Transgaz and CNTEE Transelectrica SA, members of the official delegation chaired by Prime Minister Dacian Ciolos, signed with their Vietnamese counterparts two Memorandums of Understanding as follows:

• CNTEE Transelectrica and VietNam Electricity signed a Memorandum of Understanding on cooperation and development of relations between Romania and Vietnam, in the field of electricity.

Based on this Memorandum which is valid throughout 2016-1019, with the possibility of extension, the two parties agreed, inter alia, on:

  • Provision of reciprocal consultancy services in issues of specific interest;
  • Finding and development of joint projects in the energy sector, based on mutually agreed legal frameworks;
  • Exchanges of know-how and training in certain areas of interest;

-Conducting joint initiatives in areas of cooperation of mutual interest;

- Joint participation in international energy projects, such as: infrastructure development master plans, consultancy, design, construction-assembly services etc.


• SNTGN Transgaz SA and PVGASCITY JSC. signed the Memorandum of cooperation whereby they expressed their intention and commitment to support mutually beneficial projects and to develop new directions of cooperation in the gas transport sector.

The memorandum outlines the basic principles, responsibilities and the framework for coordinating the activities between the two partners and lays the basis for developing further cooperation between them.

The signatories agreed to cooperate for one year, based on a market research, after identifying a set of measures on priority issues and defining their strategic vision.



Participation in the Vietnam –Romania Business Forum


Mr. Vice Prime Minister,

Dacian Ciolos: First of all, thank you very much to be here with us and to represent the Government of the Socialist Republic of Vietnam. This morning, I had a very good, fruitful and positive discussion with Prime Minister and I am now fully confident that we will be able to build a very strong economic cooperation based on our tradition in political, economic and social collaboration between the two countries. We celebrate this year, 66 years of diplomatic relations, and I am sure that based upon this tradition, based on our mutual knowledge and mutual understanding about our peoples, we will be able now, with a lot of pragmatism and realism, to use our economic potential in order to build strong economic and trade relationship.

First of all, because I know that Vietnam is one of the most dynamic economies in the world, with a very fast and impressive development this last year, with an important economic growth in this part of Asia, I am sure that in the next years, Vietnam will become one of the leaders of economic development in Southeast Asia. On the other hand, in the European Union, Romania has one of the highest growth rates, with an average of 3, 5 percent these years, with a peak of 4 percent growth this year. Both of our countries have a strong potential and we can use this potential in order to increase our trade exchanges, which is now clearly underused as you have mentioned. With such a strong potential of growth, our trade is only around 180 millions euros, taking into account the fact that we have two complementary economies, with strong potential, and strong perspective to increase the trade exchanges.

Let me say more about why Romania could be a good trade and investment destination for Vietnamese economy and businesspeople: first of all, because Romania is the seventh largest market in the European Union and the largest one in Southeastern Europe.

Secondly, we have in Romania a fully functional market economy. After several reforms and after a difficult transitional period to market economy, after the integration of all the European legislation, you know that in Europe, we have one of the highest standards in economic production, in economic stability, so, after a series of reforms, we have now a stable and fully functional market economy in Romania.

Thirdly, the Romanian economy benefits of a highly –skilled labor force. We are competitive not only in terms of costs of the labor force, but we are now more and more competitive in terms of the quality of this labor force. We have a competitive fiscal policy in the last years, we took several measures in these last years in order to ensure the competitiveness of our economic and fiscal policy, we have 16 percent flat tax, one of the lowest in European Union, among the 28 EU Member States, and also low VAT tax in several fields. For the Vietnamese businesspeople investing in Romania, you will find one of the most attractive and competitive tax and fiscal environments in the European Union, corroborated as I have mentioned, with a competitive labor force.

On the other hand, we are strategically located, at the crosroads between East and West, but also between North and South, on the Black Sea coast, Black Sea which is a gateway towards the European Union’s market. Coming from Vietnam, you have to use the Suez Canal in order to accede to European market, and from Suez Canal to Constanta harbor – the biggest harbor in Romania, it takes you only three days, compared to 11 days from Suez to Rotterdam. So, coming to Romania, you will not only find a friendly environment to do business but you will have very practical and pragmatic facilities to accede the European market. And you will accede not only the European Union’s market, but we are very close geographically to other three big markets in the region of the Black Sea: Russia, Turkey and Ukraine.

You may look at our macroeconomic indicators, you will see that the level of inflation is 0. 4 percent per year, unemployment only 6. 7 percent, the budgetary deficit is one of the lowest in the region, of 1.1 percent, and anyway, in the next years, despite the fact that we will increase a little bit the deficit in order to invest more, we will maintain it below three percent. All these indicators present to you a stable and predictable economic environment in Romania. On the other hand, talking about this potential of growth in Romania, we are working now on a medium and long term vision on economic development, and the Romania Government intends to support in a strategic manner the development of some strategic sectors like: automotive industry, energy, IT, high- technology, but also agricultural, agri-food sector, with a strong potential in Romania of production, but also importation, and the tourism.

I thought also about our unused potential of trade with Vietnam, but globally looking at the trade in Romania, we see a constant positive evolution, of foreign trade last year, of course, for the time being mostly with EU countries. Around 80 percent of our foreign trade is with European Union, and because of this, our objective for the next years is to increase the trade with non -European countries, and we are looking very attentively to the potential to increase trade with Asian countries, especially with Southeastern Asian countries. And this, not only because here, it is a strong potential of growth for the next years, but also because the European Union – of which we are part, is looking for free trade exchanges with several countries, in this region. You know that European Union and Vietnam have just finalized the negotiations for a free trade agreement, I promised to the Prime Minister this morning that Romania will use all this influence in the European Union, in order to speed up the process of ratification of FTA with Vietnam, because this FTA represents the strong potential to increase the trade exchange and investment cooperation between our countries.

On bilateral economic relations between Romania and Vietnam, as I have mentioned we are traditional partners with very good reputation of cooperation in various fields, and Vice Prime Minister mentioned our tradition of cooperation in railways, construction materials, in mining, but also in agriculture.

We have a strong potential unused so far in oil and gas, in energy production and energy technology also. Our intention is to stimulate bilateral trade and economic cooperation in various fields of economic interest, and you will find the representatives of all these fields around the table, in the delegation present here. I want to mention some of these fields which represent a real strong potential of cooperation between us. First of all, the oil and gas sector, you know that Romania has a strong experience of over 150 years. We could supply equipment, technical assistance, also expertise, training, we could seek some joint venture cooperation in Romania, or here in Vietnam. Our big companies – and we have regional players in oil and gas, energy production and transportation, and all these companies are also ready to invest here, not only to cooperate with you, in the transfer of technology. You will find in Romania technology at the highest standards of the European Union, but at a more competitive costs than you can find in Western Europe. So, we are ready to work with you in transferrable technology, but also to invest in some privatizations of your companies in this field, will it be the case in the next years. In energy sector, Romania also has a strong potential, with an important diversified market, energy resources.

We have a very good mix of production in Romania between renewable energies, around 20 percent of our energy production comes from wind energy and solar energy, so you will find experienced technologies in this field in Romania, but also in environmental protection, strong potential also in oil and gas extraction, and technology for transportation. I am happy we signed today a protocol of cooperation, a Memorandum of Understanding between Transelectrica and Vietnam Electricity. I am sure that in short time we will be able to have a Memorandum of Understanding between Transgaz –one of the biggest company in Romania, and the Vietnamese partner. This Memorandum of Understanding could be the starting point of cooperation in investments that I have just mentioned.

Also, in Romania, we also have strong potential and I know you are also interested in this field – the aeronautical and shipping industries with potential of broadening our cooperation. We talked also today with the Prime Minister about our mutual interest of cooperation in agriculture and agri-food sector. We are preparing a protocol of cooperation between our Ministries and I know that Free Trade Agreement between European Union and Vietnam gives a strong potential of trade with agricultural products: to import in Romania some specific products from Vietnam, but we are also ready to export to you: cereals, meat, dairy products.

I know we also have a strong potential of investment in this area, of agri-food sector, we are ready also to find new technologies of production, we also have a tradition in research, development in the agricultural sector with the production of some productive varieties, and technologies of production in agriculture. But also tourism is a strong potential, we have a positive experience of Danube Delta and Makong Delta cooperation projects, based on this, we can enlarge our cooperation not only in the management of natural resources but also on tourism in this area.

I will conclude saying that I’m so happy that today, after this economic forum, we will have a protocol of cooperation, a Memorandum of Cooperation, between the two national Chambers of Commerce. You can be sure that the Romanian Government will give the full support to the Romanian Chamber for Commerce and Industry in order to be pro-active in the contacts with Vietnamese business people.

I cannot conclude without saying how much we are also happy to see that we have in Vietnam more than 3500 Vietnamese people, having studied in Romania, speaking our language, knowing our culture, and these people can be a bridge between our two countries. I think we have now all the ingredients to speed up our economic cooperation, and to build on the traditional exchanges between Romania and Vietnam, this new period of economic cooperation in the future. Thank you very much.  


Prime Minister Dacian Ciolos will pay an official visit to the Socialist Republic of Vietnam, from 11 to 14 July 2016 at the invitation of Vietnamese Prime Minister Nguyen Xuan Phuc. This visit is part of the Romanian Government's strategy to strengthen cooperation, on a pragmatic basis, with the countries of other continents, particularly Asia.

The official visit to Hanoi is the first meeting at the Prime Minister level between the two countries after 21 years. This is a confirmation of the Romanian Government’s policy to relaunch cooperation with the Socialist Republic of Vietnam - a traditional partner of Romania in Asia.

The main objectives of this visit are, on the one hand, the resumption of political contacts with the Asian countries, Vietnam being an important partner of Romania in Southeast Asia, and, on the other hand, recovery of traditional markets for Romanian exporters, along with encouraging investment in our country.

The schedule of the visit to Hanoi includes talks with the Vietnamese counterpart, and meetings with the Vietnamese President Tran Dai Quang, the Secretary General Nguyen Phu Trong, and the President of the National Assembly Nguyen Thi Kim Ngan.

The Head of the Romanian Government will open a Romanian-Vietnamese Business Forum, organized in cooperation with the Chambers of Commerce and Industry of the two countries. Direct contacts between businesspeople will be conducive to identification of projects of common interest and possible collaboration on other markets, either European or Asian.

Two cooperation programmes in the fields of education and culture are scheduled to be signed during this visit, with a view to facilitating and developing relations at social level, and for a better reciprocal knowledge.

The current and future state of Romanian – Vietnamese relations will be reviewed during talks, with emphasis on ways to accelerate and diversify cooperation between the two countries. The meetings will offer the opportunity for an in-depth exchange of views on topical issues at regional and international level.

Schedule of Prime Minister’s visit to Hanoi(11-13 July 2016)


Monday, July 11

 Arrival at Noi Bai International Airport in Hanoi

Tuesday, July 12


08.37 am Wreath-laying ceremony at the Heroes Memorial

(Photo / video opportunities)

08.45 am  The Romanian delegation visits the President Ho Chi Minh’s Mausoleum

09.00 am The official welcome ceremony of Prime Minister Dacian Ciolos, by Mr. Nguyen Xuan Phuc, Prime Minister of the Socialist Republic of Vietnam

(Photo / video opportunities and joint press statements)

2.00 pm. Meeting with the leadership of the Chamber of Commerce and Industry of the Socialist Republic of Vietnam

2. 15-3.15 pm Participation in the Romanian -Vietnamese businesspeople seminar

3.30 pm Meeting between Mr. Dacian Ciolos, Prime Minister of Romania and Mrs. Nguyen Thi Kim Ngan, President of the National Assembly of the Socialist Republic of Vietnam

4.15 pm  Mr. Dacian Cioloş Prime Minister of Romania is received by H.E. Tran Dai Quang, President of the Socialist Republic of Vietnam

5.00 pm Prime Minister of Romania meets with Nguyen Phu Trong, Secretary General of the Communist Party

7.00 pm Dinner hosted by Mr. Nguyễn Xuân Phúc, Prime Minister of the Socialist Republic of Vietnam, in Honor of Mr. Dacian Cioloş, Prime Minister of Romania


Wednesday, July 13

11.10 am Meeting with local authorities of Quang Ninh province, the Quang Ninh People's Council Chairman and the Quang Ninh People’s Committee Chairman (TB) and visit to Ha Long Bay

7.30 pm Meeting with members of Vietnam-Romania Friendship Association


Thursday, July 14

The official departure ceremony - Hanoi airport

Note: The time of events is the local time


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