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Thursday, July 30, 2026

Vietnam, Lithuania Aim to Boost Collaboration in Technology and Innovation

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In Hanoi, a significant meeting took place between Vietnam’s Permanent Deputy Prime Minister Phạm Gia Túc and Lithuanian Foreign Minister Kęstutis Budrys, focusing on expanding cooperation between the two nations. Both leaders acknowledged the considerable potential for strengthening ties in various sectors including trade, investment, digital economy, energy, logistics, cybersecurity, and science and technology. These discussions reflect a mutual interest in enhancing bilateral relations and exploring new avenues for collaboration.

Vietnam emphasized the importance of Lithuania’s support for the ratification of the EU-Vietnam Investment Protection Agreement (EVIPA) by the remaining EU member states. Additionally, Vietnam urged Lithuania to advocate for the lifting of the European Commission’s “yellow card” on Vietnamese seafood exports, which has been a significant concern. In response, Lithuania confirmed its dedication to advancing Vietnam-EU relationships and announced its intention to dispatch a business delegation to Vietnam to assess potential investment opportunities.

Beyond economic matters, the two countries also committed to working closely within international frameworks, underlining their intent to enhance cooperation at the United Nations. They agreed to strengthen ASEAN-EU relations, highlighting their shared commitment to international peace, stability, and the freedom of navigation, all in accordance with international law. This commitment underscores the broader geopolitical alignment and mutual support for multilateralism.

Lithuania’s pledge to support Vietnam in its international endeavors signifies a deepening of diplomatic ties and shared interests. By promising to send a business delegation, Lithuania is taking concrete steps to explore and expand its economic footprint in Vietnam, a move that could lead to increased bilateral trade and investment. These developments mark a proactive approach by both nations to capitalize on shared opportunities in a rapidly evolving global landscape.

The dialogue between Vietnam and Lithuania represents a strategic effort to bolster cooperation across multiple domains, reflecting a forward-looking vision for both countries. As they navigate the complexities of international relations and economic development, their partnership promises to bring mutual benefits and reinforce their roles on the global stage.

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