News
Global sustainability shift: a push for Việt Nam’s garment industry
The global garment and textile industry is undergoing a significant shift as regulations aimed at sustainability reshape the sector. From [...]
Overseas investment soars by 51.6 per cent in 11 months
Việt Nam invested in 151 overseas projects in the first 11 months of 2024, according to the Foreign Investment Agency [...]
EVFTA
Vietnamese firms making relatively good use of EVFTA: survey
Vietnamese enterprises are making relatively good use of the EU-Vietnam Free Trade Agreement (EVFTA), a recent survey revealed. The survey of enterprises’ awareness of the EVFTA was conducted by the Centre for WTO and International Trade under the Vietnam Chamber of Commerce and Industry (VCCI). It found that nearly 94 [...]
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.
