News
Vietnamese rice unaffected by quality fraud detentions in Sweden
The Việt Nam Trade Office announced the Swedish Food Safety Authority, in collaboration with police, the Work Environment Authority and [...]
Vietnam and Sweden strengthen port cooperation and expand freight transport
On October 25, 2024, the Vietnam Trade Office in Sweden hosted an online meeting with Saigon Port-SSA International Container Service [...]
EVFTA
The EVFTA Agreement helps elevate Vietnam’s trade relations
Vietnamese Ambassador to Latvia Tran Van Tuan affirmed this in an interview with a reporter from Industry and Trade Newspaper. EVFTA takes effect, two-way import and export increase by 33% Ambassador, please share briefly about the trade situation between Vietnam and Latvia recently. What does the Ambassador evaluate about the [...]
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.
