Workshop spotlights business chances in Vietnam for Belgian firms
Chances for business partnerships with Vietnam were spotlighted at a workshop held in Vilvoorde city of Belgium on November 22 as part of an international business week of Flanders region.
Brussels (VNA) – Chances for businesspartnerships with Vietnam were spotlighted at a workshop held in Vilvoorde cityof Belgium on November 22 as part of an international business week of Flandersregion.
Addressing the event, Andries Gryffroy, First Vice Presidentof the Belgian Senate and President of the Belgian - Vietnamese Alliance, gavea presentation of the Vietnamese economy’s development and business trends inthe Southeast Asian country.
He told the Vietnam News Agency (VNA) that reasons for makinginvestment and doing business in Vietnam include a stable and prosperouseconomy, the country’s strategic position, and young and educated workforce,competitive labour costs, and continuously developing infrastructure.
Besides,the Government’s support policies for foreign investment, and free tradeagreements like the EU - Vietnam Free Trade Agreement (EVFTA) and the EU - Vietnam InvestmentProtection Agreement (EVIPA) are creating optimal conditions for Europeaninvestors in Vietnam and Vietnamese investors in Europe.
Vietnam is also a “golden gate” to Southeast Asia, he affirmed.
Daniel Vandenberghe, an international advisor to the Flanders' Chamber of Commerceand Industry (VOKA), perceived that the economy of Vietnam is showinghighly impressive development and establishing itself as an attractivedestination for European investors, especially amid mounting inflation inEurope.
At the workshop, some insiders also shared experience ininvesting and doing business in Vietnam, including Karine De Vleeshouwer fromFlanders Investment & Trade and Gert Lambrecht from insurance firm Credenco./.
In the recent past, the Trade Office of Vietnam in Belgium and the EU has stepped up trade promotion and protection of Vietnamese enterprises’ interests, thus helping foster bilateral trade ties, an official has said.
The Vietnam Trade Office in Belgium and the Belgium – Vietnam Alliance co-organised the “Meet & Greet" programme in Brussels on October 18 to promote exchange of information and trade connection between Vietnamese and Belgian businesses.
Ho Chi Minh City wishes to strengthen cooperation with the French-speaking community of Belgium (Federation Wallonie-Bruxelles) in potential fields such as clean energy, biology, health, education; digital transformation, and high-tech agriculture, Vice Chairman of the municipal People’s Committee Ngo Minh Chau has told a Belgian official.
A working delegation led by Vice Chairman of the Hanoi People’s Committee Nguyen Manh Quyen visited and held a working session with Belgimex, supplier of Blanc Blue Belgium (3B) bulls, known as “double-muscling” breed, in Wallonia region of Belgium on November 2.
In its foreign policy, Vietnam always treasures its comprehensive partnership and cooperation with the European Union (EU) as well as Belgium and other EU member nations, Permanent Vice Chairman of the National Assembly Tran Thanh Man said at a reception for visiting First Vice President of the Belgian Senate Andries Gryffroy in Hanoi on November 16.
The new Government decree also simplifies loan procedures while expanding credit incentives to include organic and circular agriculture, allowing them to access preferential terms similar to those of high-tech and value-chain based agricultural production.
Developed with state-of-the-art infrastructure, the Da Nang FTZ is designed to become a leading regional economic centre and a strategic growth pole in Vietnam’s new development landscape.
The Binh Duong Association of Supporting Industries (BASI) is expected to promote the usage of domestically manufactured components while supporting businesses in accessing international markets, strengthening linkages, and promoting deeper integration into global supply chains.
PwC Vietnam forecasts a vibrant M&A market in Vietnam’s healthcare sector in 2025, driven by rising demand for high-quality medical services and a growing middle class. Pharmaceutical companies, private hospitals, and specialised medical facilities, particularly in ophthalmology and oncology, are predicted to be key targets for M&A.
The central province of Quang Nam is set to become a hub for the medicinal plant industry, with Ngoc Linh ginseng designated as the core crop, under the Prime Minister's decision issued earlier this year.
The North-South Expressway project is scheduled for completion by 2030, aiming to establish the groundwork for Vietnam’s modern railway industry and stimulate regional economic development, positioning the country for a significant economic leap in the era of national rise.
The probe, initiated on June 11 following a petition by the US Coalition for Fair Trade in Hardwood Plywood, targets products classified under HS Code 4412 and 9403 imported from China, Indonesia and Vietnam.
Sun PhuQuoc Airways was born as a perfect piece in Sun Group’s strategic vision to build a premium ecosystem of tourism, entertainment, real estate, and aviation. With a pioneering ambition, Sun PhuQuoc Airways is not just an airline, but a symbol of connection – bringing the world to Phu Quoc and taking Phu Quoc to the world.
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.
Harvesting coffee in Vietnam (Photo: VNA) 
