Business

Danish firms keen on Vietnamese market: Diplomat

Many Danish businesses, especially small- and medium-sized ones, have high hope for investment opportunities in the Vietnamese market, according to Ambassador to Denmark Luong Thanh Nghi.
Danish firms keen on Vietnamese market: Diplomat ảnh 1Ambassador Luong Thanh Nghi (L) and Danish Crown Prince Frederik (Photo: VNA)
Hanoi (VNA) - Many Danish businesses, especially small- and medium-sized ones, have high hope for investment opportunities in the Vietnamese market, according to Ambassador to Denmark Luong Thanh Nghi.
In an interview to Vietnam News Agency on the occasion of the upcoming Vietnam visit by Crown Prince Frederik and Crown Princess Mary Elizabeth, the ambassador said that the Danish Crown Prince will be accompanied by 40 leading Danish companies. He will have meetings with Vietnamese leaders and attend trade and investment promotion activities.

Along with the activities to mark the 50th anniversary of the Vietnam-Denmark diplomatic ties, the delegation will focus on fostering connections and cooperation between businesses of the two countries in the fields of wind power and efficient energy use and management.

Highlighting the significance of the visit, Ambassador Nghi held that it aims for substantial outcomes, including seeking and expanding cooperation in areas of strategic significance to both countries such as green transition and sustainable development, which are also important for Vietnam in realising its net-zero emission commitment.

The ambassador said that Vietnam and Denmark are enjoying growing partnership and mutual support at regional and multilateral forums and organisations.

Two-way trade reached 842.37 million USD in 2021, up 18% year on year, and 554.17 million USD in the first nine months of 2022, with Vietnam's exports rising 51.8%.

So far this year, Denmark has been the third biggest investor of Vietnam with capital amounting to 1.32 billion USD.

Pointing out similarities between the two countries, Nghi said that Denmark considers Vietnam as a model for green transition and pledges to accompany with and support Vietnam in realising green and sustainable development goals.

Vietnam and Denmark have also enjoyed effective cooperation in culture and people-to-people exchange, he said.

The diplomat held that the cooperation potential between the two countries is huge, especially in areas related to green transition and sustainable development, while the demand for collaboration in energy, agriculture, biotechnology and logistics is increasing.

Denmark has shown great interest in investing in Vietnam where the demand for high-quality investment inflows is high, he said.

Cooperating with Denmark, a leading country in green transition and sustainable development, also provides good conditions for Vietnam to fulfill its commitment to achieve net-zero emission target in 2050, the diplomat added./.
VNA
#Ambassador to Denmark Luong Thanh Nghi #Crown Prince Frederik #Vietnam-Denmark diplomatic ties #Denmark #Vietnam #Vietnam news #Vietnam News Agency
Follow VietnamPlus

Related News

Vietnam, Denmark forge people-to-people exchange

Vietnam, Denmark forge people-to-people exchange

Ambassador Luong Thanh Nghi has suggested the Vietnamese Embassy in Denmark and the Denmark-Vietnam Friendship Association (DAVIFO) coordinate with relevant agencies in organising forums for young people of the two countries to serve as nucleus for their bilateral ties.
Vietnam, Denmark seek ways to intensify economic, trade ties

Vietnam, Denmark seek ways to intensify economic, trade ties

A delegation of major Danish companies will accompany Crown Prince Frederik in his upcoming visit to Vietnam to seek business and investment opportunities with Vietnamese agencies and partners, Deputy Director General of the Confederation of Danish Industry (DI) Thomas Bustrup has said.

See more

An overview of the workshop (Photo: VNA)

Project empowers women entrepreneurs to tap into global e-commerce market

Overall, more than 600 women-led enterprises benefited from the project’s training, while 13 partner organisations enhanced their expertise in supporting women in e-commerce. Between June and September 2025, the 32 participating firms recorded over 455,000 buyer searches and 85,000 page views, indicating increased visibility and growing confidence in the global digital marketplace.

A booth at the trade promotion fair. (Photo: VNA)

Red River Delta trade promotion fair opens in Hung Yen

A trade promotion fair for localities in the Red River Delta opened on November 10 in the northern province of Hung Yen, aiming to foster regional connectivity, promote sustainable development and enhance brand of regional products.

Tan Thuan Export Processing Zone, Ho Chi Minh City (Photo: VNA)

Foreign investors ready to pour capital into HCM City

Administrative reform remains HCM City’s top priority. The city aims to cut at least 30% of procedures, reduce processing times and costs, and shift from a “management mindset” to a “service mindset” to better support the business community.

PM Pham Minh Chinh speaks at the event (Photo: VNA)

PM spotlights solidarity, cooperation, dialogue at annual business forum

Vietnam will maintain political stability and social order, push three strategic breakthroughs in institutional reform, hard and soft infrastructure, and quality human resources, while restructuring the economy and reforming the growth model, sustaining macroeconomic stability, and bolstering connectivity between domestic and FDI enterprises, said PM Pham Minh Chinh.

Officers of the Vam Lang border guard station in Dong Thap disseminate information on the prevention of illegal, unreported and unregulated (IUU) fishing and present a national flag to members of a local ship. (Photo: VNA)

Dong Thap province’s fishing cooperation models prove effective

According to Tran Thi Be Bay, Deputy Director of the provincial Department of Agriculture and Environment, the cooperative groups and cooperatives have members engaging in logistics services, such as purchasing seafood at sea and supplying fuel to fishing vessels, thereby helping fishermen stay longer at sea and increase productivity.

Vietnam’s pepper exports maintain strong growth momentum of over 25%, earning nearly 1.4 billion USD in the first ten months of 2025. (Photo: VNA)

Pepper exports maintains over 25% growth

According to the Vietnam Pepper and Spice Association (VPSA), the country exported 19,430 tonnes of pepper in October, including 16,464 tonnes of black and 2,966 tonnes of white pepper, with a total value of 129.5 million USD.

Vietnam's dragonfruits for export (Photo: VNA)

Tay Ninh expands middle East–Africa markets for farm produce

Leveraging its position as a gateway linking the Southeast and Mekong Delta regions, Tay Ninh province is asserting its role as a strategic hub in expanding agricultural supply chains to Muslim markets, especially the Middle East and Africa, which have emerged as promising destinations for Vietnamese agricultural exports, particularly Halal-certified products.

Vietnam’s Trade Counselor in India Bui Trung Thuong and Nguyen Phi Van, Chairwoman of Go Global Holdings, cut the ribbon at the opening ceremony of a Three O’Clock coffee shop at AIPL Joy Central. (Photo: tuoitre.vn)

Three O’Clock brings Vietnamese coffee to India’s billion-people market

This milestone on November 8 came 11 months after the signing of an international franchise agreement between Three O’Clock (a brand under the Teatime limited company) and its exclusive master franchise partner for the Indian subcontinent FranGlobal. Under the deal, FranGlobal will develop the brand in India, Nepal, Sri Lanka, and Bangladesh, committing to a minimum of 100 outlets within a decade.

A Vietjet flight attendant offers gifts to international passengers during a flight. (Photo: courtesy of Vietjet)

Vietjet reports strong growth in Q3, announces 20% stock dividend

In Q3, Vietjet's air transport revenue reached 16.728 trillion VND, with a pre-tax profit of 393 billion VND. Cumulatively, for the first nine months of the year, the company reported air transport revenue of 52.329 trillion VND and a pre-tax profit of 1.987 trillion VND, which increased by 28% year-on-year.

Nguyen Duc Thien, General Director of Vietnam Electricity (EVN)’s Northern Power Corporation (centre), chairs the working session with credit rating organisation Fitch Ratings (Photo: npc.com.vn)

Fitch Ratings affirms Northern Power Corporation at ‘BB+’ with stable outlook

The rating reflects EVNNPC’s standalone credit profile of ‘BB+’, which is on par with both parent company EVN and Vietnam’s sovereign rating of ‘BB+/Stable’. Fitch said the alignment of EVNNPC’s rating with EVN’s reflects the state-owned parent’s full ownership and the high likelihood of government support, consistent with Fitch’s Parent and Subsidiary Linkage Rating Criteria.