Estonia & Vietnam Boost Ties in Trade & Tech

0:00It's April 23rd. This is Canada News today, your AI-powered local news. Estonia's Foreign Minister, Margust Sokna, just wrapped up talks with Vietnamese Prime Minister, Le Min Hung in Hanoi, pushing to ramp up ties in, trade, technology, and digital upgrades. The two nations are building on recent momentum, with digital cooperation deals already inked this year. Estonia might be tiny, making up just 0.2% of the European Union's economy. But it's a powerhouse in the governance and tech smarts. They're sharing that know-how to help Vietnam cut red tape, boost transparency, and slash costs as it chases high-income status by 2045. Vietnam's leader asked Estonia to nudge the EU toward ratifying an investment protection deal and dropping the yellow car that's blocking some. Seafood exports over fishing issues. Citizens there stand to get faster access to public services through these digital ships. On the business side, Estonia sees Vietnam as a prime Southeast Asian partner and a

1:02gateway to the region, while Vietnam gets a door into Europe. They also touched on Europe's worries about Russia as a major threat, even as Vietnam stays neutral on Ukraine. All this comes amid bigger geopolitical shifts in economic plays, with Europe eyeing new opportunities in Asia to stay strong.