News
Vietnamese rice prices on the hike
The prices of Vietnamese paddy and rice continued to increase last week, according to the the Vietnam Food Association (VFA). [...]
Eco-industrial conversion saves nearly VNĐ70b a year
The conversion of existing industrial zones into eco-industrial zones contributed to savings of nearly VNĐ70 billion (US$2.8 million) annually in [...]
EVFTA
Enterprises urged to enhance competitiveness to benefit more from EVFTA
Enterprises should focus on enhancing competitiveness by strictly complying with regulations on traceability and building brands to get more benefits from the EU – Việt Nam Free Trade Agreement (EVFTA) and promote sustainable exports to the bloc. Hoàng Quang Phòng, Deputy Chairman of the Việt Nam Chamber of Commerce and [...]
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.
