PM Pham Minh Chinh expressed his hope that Swiss and European enterprises will scale up both direct and indirect investment, intensify technology transfer, support workforce training, share management expertise, invest in research and development, and help Vietnamese businesses integrate more deeply into global value and supply chains.
The move places stronger demands on Vietnamese exporters to ensure product quality and strict compliance if they wish to maintain stable market access.
Vietnam and the US show the shared commitment to promoting the transition to clean energy, aiming for sustainable development and a modern, flexible energy system.
The two sides agreed to expand high-quality investment projects; strengthen supply-chain linkages; promote cooperation in areas related to sustainable development, green transition, and digital transformation; and further improve mechanisms and policies to facilitate both sides' business operations.
Vietnamese Ambassador to Germany Nguyen Dac Thanh affirmed that the strong turnout clearly reflected not only the robust development of the Vietnam-Germany Strategic Partnership but also the deep interest of European enterprises in Vietnam’s growth potential, at a time when the global political and economic situation is undergoing rapid and unprecedented changes.
Participants underlined the importance of complying with the EU’s strict standards, stepping up national branding, developing green and clean products aligned with European consumer preferences and, particularly, embedding cultural value and compelling Vietnamese stories in each product.
Despite global trade fluctuations, Vietnam – EU import and export activities remained robust in the first nine months of 2025, with total turnover approaching 55 billion USD, of which exports accounted for nearly 41 billion USD (up 9.3%) and imports 13 billion USD (up 4.3%).
The forum creates a platform for policymakers, businesses, and institutes of both sides to connect and seek measures for promoting investment, innovation, and technology transfer in key areas to shape a digital future of sustainability and prosperity.
76% of EU business leaders see Vietnam as an attractive investment destination. Moreover, 80% of European firms in Vietnam expressed optimism about strong growth prospects over the next five years.
European investments are gravitating towards emerging sectors such as clean energy, high technology and logistics, with the aim of positioning Vietnam as a regional transhipment hub.
The EU is among the world’s top three importers of farm produce, but Vietnam holds only a 2% share – still modest compared to its agricultural production capacity and potential, which indicates vast growth potential in the EU if backed by a proper strategy.
Five years on, the EVFTA has proven to be an effective framework for cooperation, helping strengthen trust, boost trade, and deliver tangible benefits for both sides, Guerrier said, stressing that the EU remains committed to partnering with Vietnam on its journey toward a green and sustainable future.
Despite these headwinds, the deal has proven highly effective, pushing Vietnam to the top of the EU’s trading partners in Southeast Asia and the EU as Vietnam’s fourth largest trading partner globally, with electronics, apparel, and footwear driving the country’s ascent in the global value chain.
Since the EVFTA kicked in, trade between Vietnam and the EU jumped 46.5% to 64.6 billion USD through 2024, up from 44.1 billion USD in the prior five years, Vietnam Customs data showed.
Vietnam officially became the 107th country to join the Multilateral Competent Authority Agreement on the Exchange of Country-by-Country Reports (CbC MCAA), meaning the EU will not apply any tax or non-tax defensive measures against the Southeast Asian nation.
The European Union (EU)'s investment in Vietnam now tops 30.4 billion USD, ranking as the sixth largest foreign investor in Vietnam. Two-way trade hit 68.5 billion USD last year.
To succeed in exports via official channels, Vietnamese businesses need to identify target markets, research standards and regulations, and assess their own capabilities to develop effective strategies.
The EU Deforestation Regulation (EUDR) poses challenges for Vietnam's rubber industry, but it also opens doors to new opportunities.
A conference on green transformation in agricultural and food production for EU market expansion convened on November 13 to explore Vietnam’s potential in environmentally friendly production, with experts proposing strategic measures to support sustainable, EU-compliant exports.
Vietnam and the European Union (EU) are key partners in green transition and sustainable development, said participants at a plenary session of the Green Economy Forum and Exhibition (GEFE 2024) jointly organised in Ho Chi Minh City on October 21 by the European Chamber of Commerce in Vietnam (EuroCham) and the Ministry of Industry and Trade.
A forum on seizing opportunities from the Vietnam-EU Free Trade Agreement (EVFTA) and changes in the logistics industry to support Vietnam’s exports to the European Union (EU) market, was held by the European-American Market Department under the Ministry of Industry and Trade (MoIT) in Ho Chi Minh City on September 23.
The Vietnam Chamber of Commerce and Industry (VCCI) held a national forum on promoting the Vietnam – EU partnership and sustainable development in Ho Chi Minh City on August 21, aiming to bolster the cooperation between Vietnamese businesses and the EU market.
Vietnam has exported around 200 billion USD worth of goods to the European Union (EU) over the past four years after the EU-Vietnam Free Trade Agreement (EVFTA) officially came into force on August 1, 2020.
August 1, 2020, marked a significant milestone for Vietnam and the European Union (EU) as the EU-Vietnam Free Trade Agreement (EVFTA) came into effect. Four years on, Vietnam stands tall as the leading ASEAN exporter to the EU, reaping the benefits of a thriving economic partnership that has spurred economic growth, job creation, and consumer access to premium European products.
The EU - Vietnam Free Trade Agreement (EVFTA) has strengthened Vietnam's attractiveness for European investors, stated a survey by the European Chamber of Commerce in Vietnam (EuroCham) on July 31.