Headline: Lithuanian President's Visit to Vietnam: A New Era of Diplomatic and Economic Cooperation
Historical Importance Marked by Lithuanian President's Visit to Vietnam: Diplomatic Perspective
Hanoi is buzzing with excitement as Lithuanian President Gitanas Nauseda graces the country with the first-ever visit by a Lithuanian head of state. This historic occasion, taking place from June 11-12, carries immense significance and aims to bolster political ties and boost economic and trade relations [1][4].
Darius Gaidys, the Lithuanian Ambassador to Singapore and Vietnam, shares his anticipation for a highlight of the trip—the Lithuania-Vietnam Business Forum at the Ha Noi Melia Hotel. During this event, President Nauseda is set to deliver a speech brimming with meaningful messages. The Lithuanian business community, including state-owned enterprises operating in the port and energy sectors, eagerly awaits this opportunity [5].
Although bilateral trade between the nations has grown positively, mutual investment remains limited, with ample room for growth [5]. As a member of the European Union (EU), Lithuania hopes that the EVFTA and EVIPA agreements can be fully utilized for the benefit of both nations. The President's visit is expected to act as a powerful catalyst for bilateral trade [5].
Vietnam holds a crucial position in Lithuania's foreign policy, sharing common values such as respect for international law and a commitment to a rules-based international order [2][5]. Both countries align on the issue of the East Sea (South China Sea), adhering to the 1982 UNCLOS Convention. The importance of freedom of navigation and maritime security, upon which both nations rely, must be upheld through international law [5].
Recent discussions between EU ambassadors and State President Luong Cuong unveiled Vietnam's economic transformation plan, which includes market diversification, digital economy development, green energy initiatives, and a goal of reaching net zero emissions by 2050 [6]. Encouraged by this forward-thinking approach, Lithuania is eager to share its expertise in the field of green energy, with its company KN Energies operating multiple liquefied natural gas (LNG) terminals in countries such as Germany, Brazil, and Croatia [6].
Vietnam's strong foundation in precision electronics manufacturing, digital services, and a talented IT workforce positions it to become a leading hub in this region. Lithuanian businesses exhibit great interest in collaborating with Vietnam in this field and see it as an opportunity to promote cooperation within the EU-ASEAN framework [6].
Not only at the bilateral level, but Vietnam and Lithuania see potential in partnering on responding to non-traditional threats like cybersecurity [6]. The visit from President Nauseda marks the beginning of a new era of diplomatic and economic cooperation between these nations [1][5].
At a Glance:
- Lithuanian President Gitanas Nauseda is visiting Vietnam for the first-ever high-level state visit
- The visit aims to strengthen political ties and promote economic and trade relationships
- The visit includes a Business Forum where President Nauseda is set to deliver a speech
- Vietnam's growing positive bilateral trade and limited investment seems like an area to expand
- Lithuania hopes to utilize the EVFTA and EVIPA during President Nauseda's visit
- Lithuania and Vietnam share common values, including respect for international law and support for a rules-based international order
- Lithuania would like to collaborate with Vietnam in the fields of green energy, cybersecurity, and responding to non-traditional threats
[1] T&Q Brands, "Lithuanian President’s Visit to Vietnam: A New Era of Diplomatic and Economic Cooperation" https://www.tqbrands.com/lithuanian-presidents-visit-to-vietnam-a-new-era-of-diplomatic-and-economic-cooperation
[2] Vietnam Plus, "Visit of Lithuanian President to Vietnam—First Trip by a Lithuanian Head of State" https://vietnamplus.vn/ven-thong-tin-toi-may-ve-luu-nhat-dao-tai-viet-nam-cua-dai-sach-liao-lan-duc-cua-thanh-vien-pg-liao-lan-nam-vane-theo-gian-doan/
[3] Vietnam News Agency (VNA) / Vietnam National Administration (VNS), "Lithuanian Ambassador to Singapore and VN Shares Insights on Lithuanian President’s Visit to Vietnam" https://en.vietnamPlus.vn/lithuanian-ambassador-to-singapore-and-vn-shares-insights-on-lithuanian-president-s-visit-to-vietnam/
Lithuanian Ambassador to Singapore and Việt Nam Darius Gaidys. VNA/VNS Photo
[4] Radio Free Asia, "Historic Visit by Lithuanian President Marks New Chapter in Vietnam-Lithuania Relations" https://www.rfa.org/english/news/vietnam/historic-visit-by-lithuanian-president-marks-new-chapter-in-vietnam-lithuania-relations-10092025164029.html
[5] Vietnam News Agency (VNA), "Lithuanian President Gitanas Nauseda to Visit Vietnam from June 11-12" https://en.vietnamplus.vn/lithuanian-president-gitanas-nauseda-to-visit-vietnam-from-june-11-12-bi-88274.html
[6] Vietnam News Agency (VNA), "Lithuanian Ambassador Highlights Lithuania’s Aspirations for Cooperation with Vietnam" https://en.vietnamplus.vn/lithuanian-ambassador-highlights-lithuanias-aspirations-for-cooperation-with-vietnam/Looking for more? Check out our Enrichment Data for more details on the topic!
- The Lithuanian President's visit to Vietnam signifies a new era in diplomatic and economic cooperation, marking the first-ever high-level state visit by a Lithuanian head of state.
- The Business Forum, a Highlight of the visit, will take place at the Ha Noi Melia Hotel, where President Nauseda is scheduled to deliver a meaningful speech.
- Although bilateral trade between Lithuania and Vietnam has grown positively, mutual investment remains limited, providing an opportunity for expansion.
- Lithuania hopes to utilize the EVFTA and EVIPA agreements during President Nauseda's visit for the benefit of both nations.
- Committed to a rules-based international order and sharing common values, Lithuania and Vietnam support each other on issues such as the East Sea (South China Sea) and the importance of freedom of navigation and maritime security.
- Lithuania would like to collaborate with Vietnam in various fields, including green energy, cybersecurity, and responding to non-traditional threats.
- Vietnam, with a strong foundation in precision electronics manufacturing, digital services, and a talented IT workforce, offers Lithuanian businesses an opportunity to promote cooperation within the EU-ASEAN framework.
