Innovation is more than just a slogan. It is the key to unlocking Vietnam’s growth, especially in 2025, a pivotal year testing the country’s ability to achieve an economic breakthrough, according to insiders.
Vietnam shipped nearly 51.7 billion USD to the European Union in 2024, marking an 18.5% increase, equivalent to an additional 8.08 billion USD compared to the previous year.
Vietnam is a highly attractive destination for foreign investors, including those from Europe. This was proven by the EuroCham’s Q4 2024 report, which shows that 75% of surveyed business leaders consider Vietnam an ideal choice for investment projects. Bruno Jaspaert, Chairman of EuroCham Vietnam, made the remarks in a recent interview with the Vietnam News Agency.
European business leaders are increasingly optimistic about Vietnam’s economic prospects, as the country strengthens its position as a vital link in Southeast Asia despite global challenges, according to the Business Confidence Index in the fourth quarter of 2024 by EuroCham Vietnam.
Indonesia's Ministry of Investment and Downstreaming plans to establish an European Union (EU) desk to enhance trade cooperation with the bloc, said Minister Rosan Roeslani, who is also head of the Investment Coordinating Board (BKPM).
The Vietnam Trade Promotion Agency under the Ministry of Industry and Trade (MoIT) on November 18 organised a seminar on promote trade in the European market, focusing on potential for expanding exports to the European market via official channels.
The European-American Market Department under the Ministry of Industry and Trade (MoIT) will host the "Vietnam-EU Cooperation Forum 2024” in Ho Chi Minh City next month.
A conference themed “Renewable energy and energy efficiency” was held in Ho Chi Minh City on October 21, within the framework of the Green Economy Forum and Exhibition 2024, jointly held by the European Chamber of Commerce (EuroCham) and the Ministry of Industry and Trade (MoIT)’s Vietnam Trade Promotion Agency (Vietrade).
The Embassy and Trade Office of Sweden in Vietnam opened a green exhibition and launched the “Sweden - Vietnam Business Footprint” on October 21, affirming the European country’s commitment to promoting bilateral cooperation for a green future.
The Business Confidence Index (BCI) report for Q3 2024, recently published by the European Chamber of Commerce in Vietnam (EuroCham), indicates positive signals in business sentiment, despite ongoing economic challenges stemming from the impacts of Typhoon Yagi and operational barriers for businesses in Vietnam.
Many positive signs have been recorded in foreign trade, investment attraction, industrial production, and purchasing power during the first nine months of 2024, enhancing the confidence that this year’s GDP growth target of 7% is within reach.
The European Chamber of Commerce (EuroCham) in Vietnam on October 8 released its 2024 Business Confidence Index (BCI) report for the third quarter of 2024, reflecting a positive trend in business sentiment despite the economic challenges posed by Typhoon Yagi and operation hurdles.
The European Chamber of Commerce in Vietnam (EuroCham Vietnam), together with the Vietnam Trade Promotion Agency (VIETRADE), Ministry of Industry and Trade, will organise the Green Economy Forum & Exhibition (GEFE) 2024 in Ho Chi Minh City from October 21 to 23.
The European Chamber of Commerce in Vietnam (EuroCham) on July 15 released its Business Confidence Index (BCI) report for the second quarter of 2024, which reveals a marginal decline from 52.8 in Q1 to 51.3 in Q2, underscoring the necessity for ongoing policy adjustments to maintain momentum.
The Vietnamese Embassy in Belgium recently engaged in a discussion with the European Chamber of Commerce in Vietnam (EuroCham) to explore cooperation opportunities between Vietnam and the EU, focusing on green economy, renewable energy, environment, and the Just Energy Transition Partnership.
The European Chamber of Commerce in Vietnam (EuroCham) said it is confident in the stable development of Vietnam’s economy at a recent seminar held by the Vietnamese Embassy in Belgium.
European businesses are currently the sixth largest investor in Vietnam, and they wish to further develop partnerships to move closer to the No. 1 position in the coming years.
