News
Amended chemical law reduces administrative procedures
The draft revised Law on Chemicals will reduce administrative procedures and simplify processes to ensure consistency of the legal system. [...]
The green transition trend in Nordic agriculture and lessons for enhancing the global competitiveness of Vietnamese agricultural products
The green transition trend in Nordic agriculture is thriving, with goals to reduce environmental impact, promote sustainability, and protect ecosystems. [...]
EVFTA
EVFTA strengthens Việt Nam’s attractiveness to European investors
The EU-Việt Nam Free Trade Agreement (EVFTA) has undoubtedly strengthened Việt Nam's attractiveness for European investors. The EU, already a major investor in the country, has poured 28 billion euros into 2,450 projects, underscoring its continued confidence in Việt Nam's potential. Notably, EU investors have added 800 million euros in [...]
Searching for Product Providers
Many Vietnamese companies are actively asking us to help searching for business opportunities in Northern Europe; we regularly publish their information in the right panel. There are also two lists of Vietnamese exporters: one is a list of accredited Vietnamese exporters published by the Vietnamese Ministry of Industry and Trade and the other is an additional updating list in page Suppliers ▶.
Import/Export Summary
Units: US$1,000 and %
| | VN import from | Share | Import from VN | Share |
|---|---|---|---|---|
| Sweden | 207,681 | 0.07% | 1,341,438 | 0.92% |
| Denmark | 183,324 | 0.07% | 366,155 | 0.38% |
| Norway | 202,197 | 0.07% | 868,759 | 1.07% |
| Latvia | 12,989 | 0% | 194,795 | 1.13% |
| Iceland | 1,474 | 0% | 41,748 | 0.73% |
Introduction to Vietnamese Market
Ho Chi Minh city—the biggest and most developed city of Viet Nam
Vietnam follows an export-led growth model, as can be found in several emerging economies, combining trade liberalization and foreign direct investment promotion to spur exports. Vietnam’s growth has accelerated in recent years in part due to the US-China trade war, which kicked off in July 2018. As part of the fallout, Vietnam’s exports to the US rose by 28.8 percent year on year in the first quarter of 2019, making the US the largest importer of Vietnamese goods. A number of manufacturing businesses have also moved operations to Vietnam, including Foxconn, Samsung, and LG.
