Priority will still be given to online trade promotion activities apart from holding weeks of Vietnamese goods and expos.
As Viet Nam and Latvia will mark their 30th anniversary of bilateral diplomatic ties this year, the office will launch major activities in the European country, including holding the Viet Nam – Latvia business forum in collaboration with the Ministry of Economics of Latvia.
It will also conduct a scientific study on measures boosting Vietnamese exports to North Europe in the context of the implementation of the EU-Viet Nam Free Trade Agreement (EVFTA).
Statistics showed that Viet Nam’s export to North Europe, including Sweden, Denmark, Norway, Iceland and Latvia, reached US$1.86 billion in 2020. The figure hit $1.74 billion in ten months of 2021, up 0.04 per cent annually. In recent years, Vietnamese rice has become a major currency earner from these markets.
Over the past two years, the office has published 14 e-books about each Northern European market and several outstanding Vietnamese goods such as farm produce, coffee, organic food, plastics and plastic products, and footwear.
It has also used an English website to introduce Vietnam’s business environment together with its companies and products to Northern European firms.
In particular, the Vietnam Business Association named Vietnamesiska Handelsförening I Sverige officially debuted on November 28, 2021 to create a wide network of businesses for exchange.
- Việt Nam has great opportunities in export to Eurasia
- Việt Nam’s coffee exports up in H1
- Vietnam enjoys US$378 billion in exports to EU since bilateral FTA taking effect
- Vietnam exports first rice batch to Europe following EVFTA
- Standard Chartered: VN may increase high-potential exports to India by US$633 million
- Italian companies invest in VN textile industry to capitalise on EU trade deal
- EuroCham, VCCI launch European-Vietnam Business Council
- Việt Nam’s first batch of coffee under EVFTA exported
- Viet Nam, RoK promote cooperation in trade, industry, energy
- Vietnam gains 6.5 billion USD trade surplus in 7 months