Business

Trade officials seek ways to foster ties with EU

Vietnamese trade officials based in Europe got together at a conference in Brussels from July 14-16 to foster Vietnam-European Union trade relations.
Vietnamese trade officials based in Europe got together at aconference in Brussels from July 14-16 to foster Vietnam-EuropeanUnion trade relations.

The conference, the fourthof its kind, organised by the Ministry of Industry and Trade (MoIT) withthe support of the European Commission (EC) and the European TradePolicy and Investment Support Project (EU-MUTRAP).

Deputy Minister of Industry and Trade Ho Thi Kim Thoa, representativesfrom several ministries, as well as 18 Vietnamese minister counsellorsand commercial counsellors in Europe attended the event.

The three-day conference looked at ways to enhance trade betweenVietnam and the EU, provided trade officials with the EU’s newregulations on the EU-Vietnam Free Trade Agreement (EVFTA) and theVietnam-EU Partnership and Cooperation Agreement (PCA).

It also created opportunities for the Vietnam side to hold dialogueswith EU trade officials on issues of common concern, including therecognition of Vietnam’s market economy, the EU’s supplementary draft onanti-dumping, and encourage Vietnam to involve itself in moreinternational events.

On the occasion, a ceremonywas held to grant the certificate of Protected Designation of Origin(PDO) for Phu Quoc fish sauce (also known as nuoc mam Phu Quoc).

It officially received PDO recognition in 2012, and since then has passed all EU food safety regulations.

The event contributed to the prestige of the Phu Quoc trademark,created favourable conditions for the fight against counterfeit productsin the EU, and enhanced its trading position in domestic and foreignmarkets.-VNA
Follow VietnamPlus

See more

Deputy Prime Minister Nguyen Chi Dung speaks at the Vietnam Innovation and Private Capital Investment Forum 2025 (VIPC Summit 2025) in Hanoi on April 22. (Photo: VNA)

Deputy PM commits to innovation-driven growth at VIPC Summit 2025

Vietnam identifies sci-tech, innovation, and digital transformation as key economic drivers over the next decade, Deputy PM Dung said, noting that Vietnam’s strategic appeal to global tech giants is bolstered by a major shift in global supply chains, allowing the country to expand its manufacturing footprint in electronics, semiconductors, and AI.

A customer buys gold at a Bao Tin Minh Chau store in Hanoi (Photo: VNA)

Gold price hits new record

At 10am on April 22, Saigon Jewelry Company (SJC) listed gold bar prices at 120.5-122.5 million VND per tael.

A shopping centre in HCM City. The affordable and mid-range segments will remain pivotal in the city's retail property. (Photo: VNA)

HCM City retail property market faces challenges

New retail malls are consistently being introduced in districts outside the central areas, offering a wide array of business models. This trend is gradually transforming traditional street-front retail, which is under significant pressure from the growing e-commerce sector.

The event "The Essences of Vietnam Fruits" promotes typical fruits of localities across Vietnam. (Photo: congthuong.vn)

High-quality Vietnamese fruits to be showcased in Hanoi

Each displayed product will have a QR code which helps visitors easily access detailed relevant information, such as product origin, growing area, production and preservation processes, and official sales addresses.

A worker checks information on product origin at Dong A steel factory (Photo: www.sggp.org.vn)

Vietnam tightens product origin rules to boost global trade edge

As Vietnam deepens its integration into the global economy through more than 15 free trade agreements (FTAs), including the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) and the EU-Vietnam Free Trade Agreement (EVFTA), origin transparency has become a non-negotiable requirement to access tariff preferences and avoid trade defence measures.

Production at a small enterprise in Thanh Hoa province. Linkages will help small and medium sized enterprises diversify markets. (Photo: VNA)

Local businesses should strengthen links to overcome global challenges: Experts

Tran Thi Hong Minh, Director of the Institute for Policy and Strategy Studies under the Party Central Committee’s Commission for Policies and Strategies, said: "In a world of rapid and complex changes, linkages help businesses diversify markets, connect with new models and better use resources. They are also critical in mitigating risks and enhancing overall competitiveness.”

Nestlé Vietnam announces investment expansion in Vietnam operations (Photo: thanhnien.vn)

Nestlé announces investment expansion in Vietnam operations

Since 2011, Nestlé’s NESCAFÉ Plan has supported over 21,000 coffee farming households in adopting internationally recognised sustainable farming practices. These efforts have helped reduce water use by 40–60%, cut chemical fertiliser use by 20%, and increase farmers' incomes by 30–150% through crop diversification

Vietnam to diversify markets for agricultural products amid global trade shifts. (Photo: VNA)

Vietnam to diversify markets for agricultural products amid global trade shifts

According to the Ministry of Agriculture and Environment (MAE), Vietnam’s agricultural product exports are inevitably affected by disruptions in global supply chains and the imposition of unilateral, stringent tariff policies by major economies. Nonetheless, these challenges also present an opportunity for Vietnam to adjust its export strategy and focus more intently on emerging and high-potential markets.