EU, Vietnam to agree to boost work on minerals, chips, "trusted" 5G, draft document says

EU, Vietnam to agree to boost work on minerals, chips, "trusted" 5G, draft document says

The Straits Times - Business·2026-01-28 15:17

HANOI, Jan 28 - The European Union and Vietnam want to boost trade and investment in critical minerals, semiconductors and infrastructure, according to a draft joint statement seen by Reuters that is set to be adopted on Thursday as the two sides upgrade diplomatic relations.

The eight-page document, still subject to change, says the EU will also explore the possible transfer of defence technology to Hanoi, as both sides seek closer cooperation on "trusted" telecom networks - at a time when Chinese companies have won contracts in Vietnam's 5G development.

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