Business

New cooperation opportunities for Vietnam, EU businesses

A Vietnam – European Union (EU) agricultural business forum was held on July 11, on the occasion of an official visit to Vietnam by EU Commissioner for Agriculture Janusz Wojciechowski.
New cooperation opportunities for Vietnam, EU businesses ảnh 1An overview of the forum (Photo: VNA)
Hanoi (VNA) – A Vietnam – European Union (EU) agricultural businessforum was held on July 11, on the occasion of an official visit to Vietnam by EUCommissioner for Agriculture Janusz Wojciechowski.

The forum saw the presence of senior officials of the two sides, along with about 50 European businesses specialising in such areasas wine, beverages, meat and meat products, agricultural products, vegetablesand fruits.

This was a good opportunity for Vietnamese businesses tomeet and discuss with European partners to seek new cooperation opportunities.

Appreciating the initiative to organise the forum, JanuszWojciechowski said that his trip to Vietnam and Singapore aims at promotingcooperation in the agricultural and food trading within the frameworks of signedfree trade agreements.

According to him, his working visit to Vietnam this time isalso intended to facilitate trade in exchanges and agreements between Europeanand Vietnamese businesses operating in the agri-food industry.

New cooperation opportunities for Vietnam, EU businesses ảnh 2Delegates to the forum (Photo: VNA)
Speaking at the forum, Chairman of the Vietnam Chamber ofCommerce and Industry (VCCI) Pham Tan Cong said that currently, the EU is thethird largest export market of Vietnamese agricultural products with a turnoverof about 5.5 billion USD per year, accounting for 15% of Vietnam’s total agriculturalexport value, but only 4% of the EU’s total agricultural import value in 2021.

The figures are still low compared to the export potentialof Vietnam as well as the import demand of EU countries, stressed Cong.

He expressed his hope that through this forum, the EU sidewill share information and experience, and support Vietnam in buildingagricultural development policies and models in a green, modern and effectivedirection, and in reducing impacts of climate change on agriculturalactivities.

The VCCI representative affirmed to actively support EUbusinesses.

Representatives from Vietnamese State management agenciesproposed European investors pay more attention to several dynamic economiczones such as Hung Yen, Quang Ninh, Hai Phong and Hai Duong, which are nearHanoi capital city and have good infrastructure and abundant labour./.
VNA
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