Tran Ngoc Quan, Vietnamese Trade Counselor in Belgium and the EU introduces the Vietnamese business environment to participants. (Photo: VNA)
Brussels (VNA) – A training conference was held inBrussels on May 15 to promote Belgian businesses’ understanding of the businessenvironment and culture of Vietnam.
The event, jointly held by the Vietnam Trade Office in Belgiumand the Belgian Vietnamese Alliance (BVA), provided Belgian firms with basicthings that they need to know when doing business in Vietnam and contactingwith locals.
Davy Jacob, supply chain manager of LIBEERT chocolatecompany that is operating in the central city of Da Nang, said that Vietnam has an attractiveinvestment environment for foreign investors.
The country’s fast economic growth with the rapidly growing middle class has created good chances for foreign investors, including thosefrom Europe, he held, expressing his hope to further expand the firm’s operationsin Vietnam.
Joke Pattyn from Facil, a logistics company, said that her company has providedautomobile spare parts for Vietnamese automaker Vinfast for three years. She stressed a wish to get a deeper insight into the traditional business practices ofVietnamese people to become closer to local customers and build up morerelations.
Commenting on the Vietnam-EU economic cooperation outlook, Tran Ngoc Quan, VietnameseTrade Counselor in Belgium and the EU said that despite facing manydifficulties, European firms still pin high hope on the Vietnamese market,especially in the fields of garment and textile, leather and footwear, andagriculture.
Particularly, the EU-Vietnam Free Trade Agreement (EVFTA),which took effect in August 2020, has provided preferential tax rates toVietnamese goods exported to the EU, he said, holding that this is a greatopportunity for Vietnam and the EU to promote bilateral trade as the EU isprioritising countries sharing a FTA with the union to overcome difficulties.
The EU’s compulsory regulations for imported products will take effect in the next3-5 years, he noted, advising Vietnamese firms to meet the regulations byswitching to green and clean production and sustainable development, thus clinchingtheir position in the EU market./.
Belgian Ambassador to Vietnam Karl Van den Bossche referred to Vietnam as a responsible, reliable, and stable partner in an interview with the Vietnam News Agency on the occasion of the 50th anniversary of bilateral diplomatic ties.
The central coastal province of Binh Dinh introduced its economic and investment potential to Belgian businesses at a hybrid conference in Brussels on March 24.
Photos and documents featuring the life and career of late President Ho Chi Minh were exhibited at the headquarters of the Vietnamese Embassy in Brussels, Belgium, from April 14-16.
A bookcase of Vietnamese books was launched by Youtube channel Viet Happiness Station in Pho Sure restaurant owned by an overseas Vietnamese (OV) in Ostende city, Belgium on May 14.
A key change in the draft decree is a provision requiring bank transfers for gold transactions valued at 20 million VND (765 USD) and above, to enhance transparency and verify customer identities.
In the first four months of 2025, trade turnover between Vietnam and Cambodia surpassed 3 billion USD, marking a 7% increase compared to the same period in 2024.
On June 19 alone, a total of 2,005 trucks completed customs clearance at Lang Son’s border gates — the highest single-day figure ever recorded in the province. Of these, 634 carried exports and 1,371 imports.
The OECD Economic Surveys: Vietnam 2025 report focuses on analysing the country’s macroeconomic fundamentals, the impact of international integration on attracting foreign investment and trade, and the country’s prospects for developing a low-carbon economy.
Antoine Colin, Senior Vice President for Global Supply Chain Digital Transformation & Resilience at HP Inc., affirmed HP’s strategic commitment to building a supply chain and ecosystem in Vietnam and the region.
Deputy Director General of the Ministry of Industry and Trade (MoIT)’s Trade Promotion Agency Bui Quang Hung emphasised that logistics has evolved from a technical function into a core capability for Vietnamese exporters to maintain their competitive advantage in the US market.
A trade official has suggested companies work closely with shipping lines, airlines, and freight forwarders to monitor routes, transit times, and potential surcharges while exploring broader cargo insurance to cover risks like war and terrorism.
In addition to institutional reform, the agency is also rolling out key solution groups to combat counterfeit goods, imitations, and intellectual property infringements in the digital environment.
The event, co-organised by the Vietnam Trade Office in the UK and TT Meridian, a local importer of Vietnamese fresh produce, aims to build a national lychee brand and encourage broader recognition of Vietnamese fruits in a competitive, high-end market.
The industry's performance has been powered by bold investments in modern production lines, enabling Vietnamese firms to produce complicated products which were exclusive to advanced economies.
Outcomes of ABAC III will shape ABAC’s final policy recommendations to be submitted to the ABAC-APEC leaders’ dialogue, scheduled to take place in the Republic of Korea this November.
This is the second year the magazine has released the ranking, which is based on total revenue and key financial indicators of enterprises from seven countries in the region: Vietnam, Indonesia, Thailand, Malaysia, Singapore, the Philippines, and Cambodia.
At the summit, publishing, tech, and media sectors will discuss emerging trends, business models, and sustainable solutions for digital publishing development in Vietnam.
This year’s “Vietnam Goods Week” marks a significant milestone as it is being held simultaneously for the first time in four locations across Asia: Japan, Hong Kong (China), Cambodia, and Malaysia, from June 19 - 22.
According to NordCham Vietnam Chairman Thue Quist Thomasen, the Vietnamese Government’s commitment to achieving net-zero emissions by 2050 is both a challenge and an opportunity for businesses to contribute to green and sustainable growth.
The analysis from an investment perspective shows that the economy’s growth has been heavily capital‑driven, yet efficiency remains low as reflected by Vietnam’s Incremental Capital-Output Ratio (ICOR) being significantly higher than global and regional averages. This underscores the imperative to enhance capital‑use efficiency.
Tran Ngoc Quan, Vietnamese Trade Counselor in Belgium and the EU introduces the Vietnamese business environment to participants. (Photo: VNA) 
