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EU has 1,809 valid projects in Vietnam

European investors are running 1,809 valid projects worth 23.16 billion USD in Vietnam, accounting for 8.7 percent and 8 percent of total EU projects and investment in the country.
EU has 1,809 valid projects in Vietnam ảnh 1Illustrative image (Source: VNA)

Hanoi (VNA) – European investors are running 1,809 valid projects worth23.16 billion USD in Vietnam, accounting for 8.7 percent and 8 percent of totalEU projects and investment in the country.

Theinformation was released at a recent workshop organised by the Vietnam TradePromotion Agency on the Vietnam – EU free trade agreement and relevantopportunities to attract investment in the local industry.

It washeard at the event that EU investors are particularly interested in the sectorsof manufacturing-processing, real estate and electricity in Vietnam.

Thefree trade agreement between Vietnam and the EU (EVFTA), scheduled to be signedin 2017 and take effect in 2018, is expected to create a momentum to promoteinvestment and trade between the two sides, government officials said at theevent.-VNA
VNA
#EU-funded projects #Vietnam-EU Free Trade Agreement European Union
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