On April 23, 2025, the Latvian Chamber of Commerce and Industry (LCCI), in collaboration with the Embassy and Trade Office of Vietnam in Sweden concurrently accredited to Latvia, organized the online seminar “Gateway to Vietnam.” The event attracted strong interest from many Latvian businesses seeking opportunities to cooperate and expand into the Asian market, including Vietnam – a dynamic and highly promising market.
The seminar served as an opportunity to provide an updated overview of trade and investment relations between Latvia and Vietnam, while also highlighting Vietnam’s favorable business environment, investment attraction policies, and competitive advantages within the global supply chain. It also marked the launch of preparations for a business delegation from Latvia to visit and work in Vietnam, scheduled from September 2 to 11, 2025, organized by LCCI in coordination with the Vietnam Trade Office in Sweden.
Speakers at the seminar included representatives from the Embassy of Vietnam in Sweden, the Department of Foreign Market Development under the Ministry of Industry and Trade of Vietnam, LCCI representatives in Vietnam, and several Latvian experts and entrepreneurs living and working in Vietnam. Their practical insights and diverse perspectives provided Latvian businesses with a clearer picture of the potential for cooperation with Vietnam in the near future.
This seminar was part of a series of promotional activities for the Viet Nam International Sourcing 2025, a key trade promotion event directed by the Ministry of Industry and Trade and organized by the Department of Foreign Market Development. The event aims to support businesses in deepening their participation in global production and supply chains, as well as connecting directly with international distributors, importers, and retailers.
This year’s Viet Nam International Sourcing will take place from September 4 to 6, 2025, in Ho Chi Minh City, featuring an exhibition space of over 10,000 square meters and gathering hundreds of manufacturing and exporting enterprises, along with international buyers participating in a series of specialized seminars and business-matching sessions.
In addition to the Latvian business delegation currently being prepared, more than 10 Swedish companies have already confirmed their participation alongside the Vietnam Trade Office in Sweden, including notable businesses such as H&M, Port of Gothenburg, GFI Stockholm, East Asia Food, among others.