Vietnamese food processing enterprises are reportedly looking for investors as a result of broad economic challenges. In this article, we run through what EU and Vietnamese firms should know about working with each other.

Food processing accounts for the bulk of the production value of Vietnam’s processing and manufacturing industry.

In fact, in 2020, despite the economic downturn inflicted by the Covid-19 epidemic, the growth rate of the industrial production index of food manufacturing and processing still reached 4.5 percent.

The sector has recently, however, faced a number of setbacks. Rising input costs, a shortage of capital, and slowing demand are all contributing to a challenging business environment. This has seen firms reaching out to foreign investors from markets like the EU, to help boost their bottom lines and ensure their operations moving forward.

In this article, we look at international agreements that govern cross-border trade and investment between Vietnam and the EU, how to comply with their requirements, and what is needed to find suitable investors.

[b]Vietnam Briefing