A workshop on Vietnam’s demand and investment opportunities was held in Brussels, Belgium, on September 22.
Vietnamese Ambassador to Belgium Vuong Thua Phong presented the country’s socio-economic situation and business policies while underscoring potential boasted by the upcoming signing of the EU-Vietnam free trade agreement (EVFTA).
Phong said he hopes for a greater flow of Belgian and European investors to Vietnam in the near future.
Francois De Maeyer, Head of the Belgium-Vietnam Chamber of Commerce and Industry (CCIBV) , lauded contributions made by Belgian enterprises in stimulating economic cooperation with Vietnam and expressed his belief in the bright outlook of the EVFTA for both sides.
CCIBV Deputy Head and General Director of the Menart company Berengere Menart told Vietnam News Agency correspondents that all four waste treatment projects that her company has carried out in Vietnam receive assistance from local authorities and relevant State agencies.
The EU is one of the large import markets for Vietnamese commodities, particularly footwear, garments, farm produce and aquaculture. After signing the trade deal, 90 percent of Vietnamese goods being exported to European markets will go enjoy tariff of zero percent.
Belgium is Vietnam’s sixth largest trade partner in the EU with two-way trade hitting 2 billion EUR (2.29 billion USD) a year. It has invested 281.34 million USD in 53 projects in Vietnam.
In 2014, trade between the two countries experienced a year-on-year growth of 27.4 percent to reach over 2.3 billion USD.-VNA
The largest French-language TV channel in Belgium, RTBF, aired a reportage on November 30 on the occasion of the cooperation between Walloon Region and Vietnam entering the 20th year.
The EU-Vietnam Free Trade Agreement (EVFTA) will create ample opportunities for enterprises from both sides, heard a talk on the deal held in Flamand, Belgium on May 19.
Deputy Prime Minister Vu Van Ninh has asked Vice President of the European Commission (EC) Valdis Dombrovskis to help accelerate the signing of the EU- Vietnam free trade agreement.
With the current trading band of +/- 5%, the ceiling rate applicable for commercial banks during the day is 26,276 VND/USD and the floor rate 23,774 VND/USD.
Effective from the date of signing on June 18, the decision halts procedures outlined in the 2005 Memorandum of Understanding (MoU) between the governments of Vietnam and Laos on the initial implementation of the Greater Mekong Subregion (GMS) Cross-Border Transport Facilitation Agreement at the Lao Bao–Densavan border gate.
The event aimed to update businesses on new regulations and compliance requirements regarding US tax, trade, and customs policies, while offering practical solutions to facilitate exports amid shifting trade dynamics.
The festival marks a significant milestone in promoting the brand, value, and legacy of traditional fish sauce - a product deeply rooted in the island’s identity and history spanning over 200 years.
According to Mastercard data, Vietnam has recorded a remarkable 92% compound annual growth rate (CAGR) in contactless transaction volume from Q4 2022 to Q4 2024.
Tuan expressed his confidence that LH, with its expertise and experience, would swiftly implement the urban area project, contributing to a modern urban landscape for the province.
With its strategic location, abundant workforce, and modern infrastructure, Vietnam holds significant potential to become a leading centre for power and electronics production in the region and the world.
The renewable energy workforce training and development centre, invested by Germany's GEO Group, is expected to be a cornerstone in shaping Binh Dinh as a renewable energy and innovation hub in central Vietnam, meeting the growing demand for skilled technical personnel in offshore wind, solar farms, and green hydrogen projects.
A notable trend is the shift toward satellite regions. With land scarcity and soaring prices in Ho Chi Minh City and Hanoi, investors are eyeing provinces like Hung Yen, Bac Ninh, and Hai Phong, which are benefiting from improved technical infrastructure and transport connectivity.
To further strengthen private-sector innovation, Bac Ninh plans to accelerate administrative reforms, build a digital, service-oriented government, and develop an integrated innovation ecosystem that connects businesses with domestic and international institutions, universities, and experts.
The participation of H&M, one of the world's largest fashion corporations, in Vietnam International Sourcing 2025 in Ho Chi Minh City in early September is considered a special highlight, opening up many cooperation opportunities for Vietnamese businesses in the fashion, textiles and sustainable supply chains.
This latest order builds on a previous agreement signed at the Singapore Airshow last year for 40 engines, bringing the total number of Trent 7000 engines ordered by the airline to 80.
Minister of Industry and Trade Nguyen Hong Dien acknowledged that despite concerted efforts by ministries and local authorities in combating fake and substandard goods, the situation remains highly complicated, attributing the persistent challenges to high profits luring numerous participants, increasingly sophisticated violations, limited resources within enforcement agencies.
The group also placed among the Top 5 energy companies in Southeast Asia and secured the top spot among the largest Vietnamese enterprises featured on the list.
The zone will cover 1,881 ha, comprising functional areas for production, logistics, trade and services, digital technology industry, information technology, and innovation.
Illustration image (Source: VNA)
