The Vietnamese business community in Europe has an important role to play in promoting trade ties between Vietnam and Europe, heard the 12th European Overseas Vietnamese Business Conference in Budapest, Hungary from September 29 to October 2.
At the 12th European Overseas Vietnamese Business Conference in Budapest, Hungary (Photo: VNA)
Budapest (VNA) – The Vietnamese business community in Europe has animportant role to play in promoting trade ties between Vietnam and Europe,heard the 12th European Overseas Vietnamese Business Conference inBudapest, Hungary from September 29 to October 2.
As the largest annual event of the business community in Europe, the conferencedrew the participation of more than 400 delegates, including leaders from Hungarianministries, sectors, business association and trade promotion organisation;representatives from Vietnamese embassies and trade offices in Europe; overseasVietnamese enterprises from 19 European countries, and many Vietnam national-brandedfirms.
Over the past time, the overseas Vietnamese firms have served as a bridge to bring a large volume of Vietnamese goods to the European market, they said,adding more efforts should be exerted to capitalise on the potential of the twomarkets.
Transforming business activities in the digital technology era and promotingVietnamese exports, especially those from the central localities, to theEuropean market were tabled for discussion.
At the event, the Vietnam Trade Promotion Agency arranged an exhibition tointroduce Vietnamese brands as well as connect the national-branded firms with overseas Vietnamese businesses in Europe and many other importers.
This was an opportunity for Vietnam’s quality products to get closer to theoverseas Vietnamese, and for European enterprises to update information andseek investment opportunities in the Vietnamese market.
A business-matching event between the Vietnamese and Hungarian firms were heldon October 2 on the sidelines of the conferene./.
A forum on opportunities for Vietnamese handicraft products has taken place as part of the MIDA – Florence International Crafts Fair 2023, which runs in Italy from April 25 to May 1.
A forum of overseas Vietnamese women, the first of its kind, took place in Budapest, Hungary, on June 3, gathering nearly 250 delegates from 21 countries.
President Vo Van Thuong’s official visit to Austria at the invitation of his Austrian counterpart Alexander Van der Bellen is expected to further deepen the sound traditional friendship and cooperation between Vietnam and the European country.
Thanks to high demand, Northern Europe is a promising land for Vietnamese agricultural products, according to experts who also underlined the need for domestic firms to ensure product standards to win this potential market.
The Trade Office of Vietnam in Sweden and Northern Europe has compiled a book on the European Green Deal (EGD) and its impacts on exporters to the Nordic region.
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.
Dung underlined several key objectives, including a comprehensive review of the legal framework governing SOEs, and called for updates that reflect international standards and support modern, transparent governance.
While the US market has become more difficult to access due to new tax policies, Australia could play the role of a trade cushion, helping to reduce shocks and maintain export momentum for Vietnam's shrimp industry.
Vietnam Cycle Expo 2025 will coincide with the Vietnam Sport Show 2025, an international exhibition on sports and outdoor entertainment, expected to attract more than 20,000 visitors in the three-day event.
Despite global economic uncertainties, Binh Duong has maintained strong momentum in both exports and industrial production during the first half of 2025.
At the 12th European Overseas Vietnamese Business Conference in Budapest, Hungary (Photo: VNA) 
