05.01.2022, 08:19

Vietnam Trade Office works to boost exports to North Europe

 

Vietnam Trade Office works to boost exports to North Europe

Priority will still be given to online trade promotion activities apart from holding weeks of Vietnamese goods and expos.

As Viet Nam and Latvia will mark their 30th anniversary of bilateral diplomatic ties this year, the office will launch major activities in the European country, including holding the Viet Nam – Latvia business forum in collaboration with the Ministry of Economics of Latvia.

It will also conduct a scientific study on measures boosting Vietnamese exports to North Europe in the context of the implementation of the EU-Viet Nam Free Trade Agreement (EVFTA).

Statistics showed that Viet Nam’s export to North Europe, including Sweden, Denmark, Norway, Iceland and Latvia, reached US$1.86 billion in 2020. The figure hit $1.74 billion in ten months of 2021, up 0.04 per cent annually. In recent years, Vietnamese rice has become a major currency earner from these markets.

Over the past two years, the office has published 14 e-books about each Northern European market and several outstanding Vietnamese goods such as farm produce, coffee, organic food, plastics and plastic products, and footwear.

It has also used an English website to introduce Vietnam’s business environment together with its companies and products to Northern European firms.

In particular, the Vietnam Business Association named Vietnamesiska Handelsförening I Sverige officially debuted on November 28, 2021 to create a wide network of businesses for exchange. 

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