Vietnamese, Bulgarian businesses seek stronger partnership

A Vietnam–Bulgaria business networking event has been held at the Trakia Economic Zone (TEZ) headquarters in Plovdiv, Bulgaria’s second-largest city, aiming to strengthen trade ties and support Vietnamese businesses in accessing the Bulgarian market.

An overview of the Vietnam – Bulgaria business networking event (Photo: VNA)
An overview of the Vietnam – Bulgaria business networking event (Photo: VNA)

Hanoi (VNA) – A Vietnam – Bulgaria business networking event has been held at the Trakia Economic Zone (TEZ) headquarters in Plovdiv, Bulgaria’s second-largest city, aiming to strengthen trade ties and support Vietnamese businesses in accessing the Bulgarian market.

Co-organised by the Vietnamese Embassy in Bulgaria and the Plovdiv branch of the Bulgarian Chamber of Commerce and Industry (BCCI–Plovdiv), the event followed the Vietnam – Bulgaria Economic Cooperation Forum held the previous day in Sofia.

The event saw Vietnamese Ambassador to Bulgaria Nguyen Thi Minh Nguyet, BCCI–Plovdiv President Simeon Tonev, Trakia Economic Zone TEZ CEO Plamen Panchev, and representatives from 20 Bulgarian and 10 Vietnamese companies.

In her remarks, Ambassador Nguyet praised the support of Plovdiv authorities and TEZ leaders, calling the event a concrete step in implementing the cooperation goals discussed in Sofia. She expressed her hope that participating businesses will turn opportunities into real trade deals and investment projects, reinforcing the Vietnam–Bulgaria comprehensive partnership.

BCCI–Plovdiv President Simeon Tonev welcomed the Vietnamese delegation, highlighting Plovdiv’s strong economic indicators – over 5% annual GDP growth, unemployment below 3.5%, and average per capita income exceeding 10,000 EUR (11,500 USD). He underlined the city’s strength as an education hub, with more than 30,000 students contributing to a skilled workforce in technology, agriculture, and healthcare. BCCI–Plovdiv, he said, stands ready to act as a bridge for long-term business collaboration.

TEZ CEO Plamen Panchev shared that just prior to the event, the Bulgarian government had reached out to ensure maximum support for the Vietnamese delegation. With over 300 companies and 70,000 employees, TEZ is among Bulgaria’s largest industrial zones, boasting modern infrastructure, strategic transport links, and strong partnerships with educational institutions, he said, adding that these factors make it attractive to Vietnamese investors.

During the discussion, Vietnamese firms raised questions on innovation, incentives, and training collaboration. Panchev emphasised TEZ’s prioritisation of innovation, noting a recent international forum with participation from the European Commission and regional businesses. Among key initiatives is a globally patented water treatment technology.

TEZ showed interest in working with Vietnamese innovation centres and launching joint vocational training programmes with Vietnamese universities, building on current collaborations with Plovdiv University and Plovdiv Technical University.

On investment policy, TEZ noted Bulgaria’s incentives for foreign investors, including social insurance support for projects over 10 million BGN (6.01 million USD), and partial capital reimbursement for investments exceeding 100 million BGN.

The event concluded with B2B meetings between Vietnamese and Bulgarian firms, exploring cooperation in agriculture, pharmaceuticals, high-tech industries, and human resource development.

Overall, the event was viewed as a practical and impactful step toward advancing Vietnam – Bulgaria trade and economic relations, especially in high-potential regions like Plovdiv./.

VNA

See more

Workers process mangoes for export at a factory of the An Giang Fruit and Vegetable JSC in Lam Dong province. (Photo: VNA)

Fruit, vegetable exports post successive breakthroughs

If market discipline is maintained, key produce such as durian, banana, pomelo and coconut are developed under closed value chains, and existing export protocols are effectively utilised, fruit and vegetable export turnover is expected to soon reach 10 billion USD in 2026.

Deputy Prime Minister Bui Thanh Son speaks at the conference reviewing the 2025 Autumn Economic Forum hosted by the Ho Chi Minh City People’s Committee on December 31. (Photo: VNA)

Vietnam aims to elevate Autumn Economic Forum into prestigious annual platform: Deputy PM

The 2025 Autumn Economic Forum, themed “Green transition in the digital era”, had been a success in terms of scale, content and external engagement. It had served as a practical platform for policy dialogue, bringing together policymakers, international organisations, experts and businesses to discuss major global trends, identify emerging challenges and propose policy directions and solutions in the context of green and digital transformation.

Import and export goods from a port of Vietnam (Photo: VNA).

Nearly 500 containers of Vietnamese tea released from Pakistan’s Karachi Port

This decision removes one of the biggest obstacles facing Vietnam’s tea exports in recent times. The outcome was achieved thanks to the close direction of the Prime Minister as well as the persistent and proactive efforts of the Ministry of Industry and Trade through multiple bilateral working channels with Pakistani authorities.

E5RON92 petrol is now sold at the maximum of 18,438 VND (0.7 USD) per litre. (Photo: VNA)

Fuel prices fall on 2025’s last day

E5RON92 petrol is sold at the maximum of 18,438 VND (0.7 USD) per litre, down 278 VND from the baseline price, and RON95-III at 18,917 VND per litre, down 89 VND.

Vietnamese products sold on Amazon significantly increases. (Photo courtesy of Amazon Global Selling)

Vietnamese product sales on Amazon surge

The number of branded products sold by Vietnamese selling partners achieved more than 40% growth in sales – demonstrating that brand investment translates directly to business success.

KienlongBank (KLB), BVBank (BVB) and VietBank (VBB) have already announced a specific roadmap for the move from UPCoM to HoSE. (Photo: hsx.vn)

UPCoM listed bank stocks plan to move to HoSE from 2026

The move of shares from UPCoM to HoSE is expected to create more room for the banks to raise capital, improve stock liquidity and enhance information transparency, thereby meeting the higher standards of a centralised stock market.