The EU, a large market with a population of more than 450 million people and an annual GDP of more than 16 trillion USD, is an important partner of Vietnam.
As a signatory to a free trade deal with the EU, Vietnam has enjoyed tax preferences when exporting its agro-forestry-fisheries products to the market, but that advantage is not at all “eternal”.
In Belgium, the Vietnamese trade office has adopted a key promotional strategy. Besides trade and investment sectors, cultural and tourism activities have also been integrated into trade promotion programmes.
Amid a complex global situation, economic diplomacy has an important role to play in ensuring Vietnam’s stable development in the new era of economic integration./.
VNA
